Green economy – growth and maintenance of the conditions of green growth at the level of polish local authorities

Dmuchowski, Piotr; Dmuchowski, Wojciech; Baczewska-Dąbrowska, Aneta H.; Gworek, Barbara

doi:10.1016/j.jclepro.2021.126975

Cited by 31 publications

(18 citation statements)

References 15 publications

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“…There are studies that show the positive impact of green financing on macroeconomic variables (Dmuchowski et al 2021 ; Jinru et al 2021 ), in contrast to the studies (Ren et al 2020 ; Zhang et al 2021b ) that found a neutral or negative influence of green finance. When comparing green bonds to traditional bonds in the COVID-19 era, researchers found that the greater transparency of interest rates and investment returns provided by green bonds made them more effective (Wang et al 2021b ).…”

Section: Literature Reviewmentioning

confidence: 96%

RETRACTED ARTICLE: Does green finance mitigate the effects of climate variability: role of renewable energy investment and infrastructure

Mngumi

Sun

Shair

et al. 2022

Environ Sci Pollut Res

160

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Few researches have inspected the task of green finance in reducing CO 2 emissions, while earlier studies have inspected the influence of economic development on carbon emissions. A green finance development index is built using four indicators to fill in this knowledge gap: green credit, green insurance, green securities, and green investing. Using data spanning the years 2005–2019, a panel quantile regression is applied to investigate the links between green finance, renewable energy, and CO 2 emissions. Increases in renewable energy use and advances in the green finance development index have contributed to a reduction in CO 2 emissions from BRICS countries. CO 2 emissions on the other hand slowed the growth of renewable energy use, slowed the flow of investment to green projects, and ultimately hampered the development of green finance. There was also a clear policy-driven influence on renewable energy spending in the countries of the BRICS region. Green finance policies, on the other hand, have consistently failed to have a long-term impact. Therefore, rising the consumption of renewable energy and creating a carbon trading market are all part of this study’s recommendations for green finance policy improvement.

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Section: Literature Reviewmentioning

confidence: 96%

RETRACTED ARTICLE: Does green finance mitigate the effects of climate variability: role of renewable energy investment and infrastructure

Mngumi

Sun

Shair

et al. 2022

Environ Sci Pollut Res

160

View full text Add to dashboard Cite

show abstract

“…As a novel financial tool, green finance is alleged to have been developed by the government and financial organizations to address environmental issues, such as reducing pollution, saving energy, and providing customized financial services for green growth. As a result, it is used to help fund environmental initiatives (Dmuchowski et al, 2021). This perspective was commonly held in the early stages of the development of green finance theory.…”

Section: Green Finance and Carbon Emissionsmentioning

confidence: 99%

RETRACTED: Green finance strategies for mitigating GHG emissions in China: Public spending as a new determinant of green economic development

Xia

Liu

Tian

2022

Front. Environ. Sci.

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In order to lessen China’s carbon footprint, the government has turned to environmentally friendly financing. A reduction in CO2 has been reported in some Chinese provinces where green finance has been developed. Numerous regions in China from 2010 to 2020 are selected for this study. Based on a Dynamic Seemingly Uncorrelated, fully modified ordinary least squares and dynamic ordinary least squares regressions model, empirical research is performed with per capita growth in the economy, public spending, and the relationship between economic growth, human resources, and industrial arrangement as core variables to test the influence of green financing on CO2 emission in Chinese provinces. According to the findings, green financing speeds up the reduction of carbon emissions. Moreover, the outcomes present that industrial structure, economic growth per capita, and trade openness increase carbon emissions. Likewise, public expenditures and human capital are significantly contributing to emissions reduction. The findings show that sustainable green environment can only be achieved by boosting the performance of green finance and increasing the level of green finance supported by the Chinese economy. Last but not least, policymakers should promote public health and education spending to fully engage in the protection of the environmental efforts to encourage green consumption while minimizing the structural problems resulting from economic activity.

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“…This year’s total green bond issuance was US$55.8 billion, accounting for 22% of world issues, according to the Climate Bond Initiative (CBI) ( Abbas et al, 2020 , 2021 ; Iqbal et al, 2021c ; Zeng et al, 2022 ). Interest in green finance and its impact on economic and environmental sustainability has grown in recent years, as green finance has become more widely available ( Zhou et al, 2020 ; Dmuchowski et al, 2021 ; Saeed Meo and Karim, 2021 ; Wang et al, 2022 ). The impact of green finance development on green productivity research cannot be understated, as it is a major source of green bonds issuance around the world.…”

Section: Introductionmentioning

confidence: 99%

How Do Green Finance and Energy Efficiency Mitigate Carbon Emissions Without Reducing Economic Growth in G7 Countries?

2022

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Climate change is one of the most serious threats facing the world today. Environmental pollution and depletion of natural resources have been highlighted by the United Nations Sustainable Development Goals (SDGs), paving the way for modern concepts such as sustainable growth to be introduced. Therefore, this research explores the relationship between green finance, energy efficiency, and CO2 emissions in the G7 countries. The study uses panel data model technique to examine the dependence structure of green finance, energy efficiency, and CO2 emissions. Moreover, we use DEA to construct an energy efficiency index of G7 countries. A specific interval exists between the values of the energy efficiency indexes. Japan, the United Kingdom, and the United States were named the most energy-efficient countries in the world, based on results obtained for five consecutive years in this category. However, according to the comparative rankings, France and Italy are the most successful of all the G7 members, followed by the United Kingdom and Germany. Our overall findings of the econometric model confirm the negative impact of green finance and energy efficiency on CO2 emissions; however, this relationship varies across the different quantiles of the two variables. The findings in the study confirm that green finance is the best financial strategy for reducing CO2 emissions.

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Green economy – growth and maintenance of the conditions of green growth at the level of polish local authorities

Cited by 31 publications

References 15 publications

RETRACTED ARTICLE: Does green finance mitigate the effects of climate variability: role of renewable energy investment and infrastructure

RETRACTED ARTICLE: Does green finance mitigate the effects of climate variability: role of renewable energy investment and infrastructure

RETRACTED: Green finance strategies for mitigating GHG emissions in China: Public spending as a new determinant of green economic development

How Do Green Finance and Energy Efficiency Mitigate Carbon Emissions Without Reducing Economic Growth in G7 Countries?

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