Does green finance policy promote green total factor productivity? Evidence from a quasi-natural experiment in the green finance pilot zone

Can Green Finance Be a Regulator of “Water–Energy–Food” Synergy? Evidence from the Yangtze River Delta

“…Nepal et al further found that, by promoting green technological advances, green finance improves the resilience of the resource system [30]. In addition, green finance has also been used to realize the efficient use of resources by adjusting the industrial structure, mainly by reducing financial support for inefficient and highly polluting enterprises and increasing support for high-tech enterprises [30,31]. The impact of green finance has also a clear spatial spillover effect, not only promoting the local area but also influencing other areas [32].…”

“…Therefore, as shown in Figure 1, green finance, driven by policy orientation, provides a green channel for improving the efficiency of resource utilization and the level of WEF synergy. Green finance eases the financial constraints on infrastructure construction [45], resource technology innovation [30], and system structure adjustment [29,31]. This not only promotes the efficiency of each subsystem but also drives the development of other subsystems [11].…”

Positive impacts of green finance on environmental protection investment: Evidence from green finance reform and innovations pilot zone

“…Further, Zhang et al’ research found that GFRIs can promote regional high-quality green innovation and thus improve energy utilization efficiency [ 8 ]. Lin and Zhong found that GFRIs can improve the efficiency of resource allocation, promote green innovation and industrial structure upgrading, and further enhance regional green total factor productivity [ 9 ]. Hu et al’ study found that GFRIs also promoted the low-carbon transformation of regional economy, but only in eastern and central China [ 10 ].…”