Does green investment, financial development and natural resources rent limit carbon emissions? A provincial panel analysis of China

Shen, Yijuan; Su, Zhi-Wei; Malik, M.Y.; Umar, Muhammad; Khan, Zeeshan; Khan, Mohsin S.

doi:10.1016/j.scitotenv.2020.142538

Cited by 545 publications

(191 citation statements)

References 82 publications

Supporting

Mentioning

129

Contrasting

Order By: Relevance

“…Indeed, the growing level of CO2 emissions is corroborated with the findings (Asumadu- Sarkodie and Owusu, 2016, Shen et al 2020, Khan, Ju, Latif and Khan 2020, Saud, Chen and Haseeb, 2020.…”

Section: Dynamic Ardl Simulation Resultssupporting

confidence: 73%

Examining the link between carbon emission, carbon emission intensity and financial development in Nigeria. A Dynamic ARDL Simulation

Okere¹,

Ogbulu²,

Muoneke³

et al. 2021

Preprint

View full text Add to dashboard Cite

The need for adequate and consistent policies to mitigate the continuous rise of carbon emission have motivated the energy economist in the past decades to actively involved and explore common economic agents that are driving the rising pattern in the environmental pollution. This study is positioned towards contributing to the on-going debates on this issue by exploring the impact of bank credit to the private sector on aggregate carbon emissions and carbon emission intensity in Nigeria over the period 1971– 2016 using dynamic ARDL simulations. Controlling for the influence of fossil energy intensity of consumption and economic globalization, the study found that bank credit to the private sector has a positive significant long-run increasing effect on aggregate CO2 emission and carbon emission intensity in the economy. Second, the estimated coefficients show that fossil energy intensity of consumption and economic globalization have a significant long-run and short-run increasing impact on aggregate CO2 emission and carbon emission intensity in the economy. In contrast, the population has a significant long-run and short-run reducing effect on aggregate CO2 emission and only the long run reducing effect on carbon emission intensity. Third, economic growth has significant short-run and increasing long-run effects on aggregate CO2 emission and a long run increasing effect on carbon emission intensity. In sum, the results show that the economy is yet to transient to renewable energy.

show abstract

Section: Dynamic Ardl Simulation Resultssupporting

confidence: 73%

Examining the link between carbon emission, carbon emission intensity and financial development in Nigeria. A Dynamic ARDL Simulation

Okere¹,

Ogbulu²,

Muoneke³

et al. 2021

Preprint

View full text Add to dashboard Cite

show abstract

“…Using Autoregressive Distributed Lag Model, Jalil and Feridun (2011) examined the impact of financial development, economic growth and energy consumption in China for the period of 1953 to 2006 and reported that a financial development reduced environmental pollution. Shen et al (2021) examined the potential of financial development for carbon emissions with mediating role of green investment and reported that financial development positively impacts on carbon emission through energy consumption. Al-Mulali and Sab (2012) investigate the impact of energy consumption on carbon emission with mediating role of financial development from 1980 to 2008 and reported that financial development encourage investment in energy saving projects and reduce potential threat to the environment.…”

Section: Energy and Carbon Emissions Nexusmentioning

confidence: 99%

The criticality of financial development and energy consumption for environmental sustainability in OECD countries: Evidence from dynamic panel analysis

Shobande

Ogbeifun

2021

International Journal of Sustainable Development & World Ec

View full text Add to dashboard Cite

This study explored whether financial development and energy consumption affect environmental sustainability in Organization for Economic Cooperation and Development (OECD) countries. The empirical evidence used in this study was based on the standard fixed effects and the Arellano-Bover/Bundell Bond dynamic panel approach. Our empirical results demonstrated the importance of a financial development index and energy efficiency for reducing carbon emissions and promoting sustainability in the OECD. The mechanism through which financial development affects carbon emissions has been identified as energy consumption and foreign direct investment. Our study recommends that financial development be prioritised alongside investments in energy efficiency to promote environmental sustainability.

show abstract

“…In a situation where domestic manufacturing promotes green transformation and frequent international trade frictions, Liu et al [31] found that the imposition of import tariffs reduces the greenness of products and the profits of supply chain members. Through data analysis of the role of natural resource rents and green investment in reducing carbon emissions in China's 30 provinces from 1995 to 2017, it is found that green investment is negatively correlated with carbon dioxide, while natural resource rents are positively correlated with carbon emissions [32]. Green credit financing is a type of financial service provided by banks to encourage borrowers to commit green investment and achieve sustainable development.…”

Section: Literature Reviewmentioning

confidence: 99%

Impact of Green Credit Financing and Carbon Emission Limits on the Supply Chain Based on POF

Deng

Yang

2021

Sustainability

View full text Add to dashboard Cite

In recent years, environmental protection has been paid more and more attention. Green credit policy (GCP) is one of the significant preferential policies for government to encourage enterprises to vigorously develop green projects. We are interested in the impact of the central bank’s GCP on the profits and optimal strategies of manufacturers and suppliers related to POF (purchase order financing). Specifically, we build a game-theoretical model consisting of a manufacturer, a bank and a green supplier and a non-green supplier. Furthermore, the optimal strategies of the manufacturer and suppliers when the bank or the government sets a carbon emission cap on suppliers are discussed. We come to some important conclusions about a GCP that promotes the development of green projects since it brings higher profits to both the manufacturer and suppliers than the lack of a GCP. Furthermore, the higher the production cost, the better the effect of a GCP. Under the carbon emission restrictions required by the government, the effect of GCP is weakened and the profits of the manufacturer and the suppliers are reduced to zero due to the gradually increasing delivery risks as production costs increase.

show abstract

Does green investment, financial development and natural resources rent limit carbon emissions? A provincial panel analysis of China

Cited by 545 publications

References 82 publications

Examining the link between carbon emission, carbon emission intensity and financial development in Nigeria. A Dynamic ARDL Simulation

Examining the link between carbon emission, carbon emission intensity and financial development in Nigeria. A Dynamic ARDL Simulation

The criticality of financial development and energy consumption for environmental sustainability in OECD countries: Evidence from dynamic panel analysis

Impact of Green Credit Financing and Carbon Emission Limits on the Supply Chain Based on POF

Contact Info

Product

Resources

About