The contribution of Fintech to sustainable development in the digital age: Ant forest and land restoration in China

Zhang, Yufei; Chen, Jiayin; Han, Yi; Qian, Mengxi; Guo, Xiaotong; Chen, Ruishan; Xu, Di; Chen, Yi

doi:10.1016/j.landusepol.2021.105306

Cited by 69 publications

(24 citation statements)

References 14 publications

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“…Inclusive finance also makes clean energy more affordable for the consumers, which could arouse the motivation of households to choose more sustainable energy sources other than fossil fuels (IPA, 2017;Le et al, 2020). Substantial progress has been made in this regard in China's land degraded areas, especially desert areas (Zhang et al, 2021). As an important terrestrial ecosystem, forests play a significant role in absorbing carbon emission and mitigating climate change.…”

Section: Carbon Sequestrationmentioning

confidence: 99%

Financial Inclusion and Carbon Reduction: Evidence From Chinese Counties

Yang

Lü

Liu

et al. 2022

Front. Environ. Sci.

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With the improvement of inclusive financial system, China’s economy has made significant development and growth. It worth in-depth investigation on environmental impact of financial inclusion, since growing GDP usually accompanied by more intensive carbon emission. This paper aims to reveal whether financial inclusion contributes to the carbon reduction in China using county-level dataset. A fixed-effect panel regression approach is adopted to examine the impact of financial inclusion on county-level regional carbon emissions. The estimation results imply that financial inclusion plays an important role in reducing carbon emissions. The mediation effect analysis reveals two channels through which financial inclusion imposes negative impact on the level of regional carbon emissions. One is to elevate the carbon sequestration capacity by increasing vegetation coverage, and the other is to improve the industrial structure through enhanced financial support. In addition to being a bridge between economic opportunity and output, financial inclusion can also act as an effective measure for addressing climate change.

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Section: Carbon Sequestrationmentioning

confidence: 99%

Financial Inclusion and Carbon Reduction: Evidence From Chinese Counties

Yang

Lü

Liu

et al. 2022

Front. Environ. Sci.

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“…The current literature encompasses a plethora of studies that assess the potential linkages among the economic growth, renewable energy consumption, and carbon dioxide emissions mainly searching for causal effects among the variables of interest (see among others, Lin and Moubarak 2014;Shahbaz et al 2019;Paramati et al 2017;Koçak andŞarkgüneşi 2017;Fawcett et al 2015;Liu et al 2020;Parker and Bhatti 2020;Zhang et al 2021aZhang et al , 2021b. Whereas another group of studies explores the energy-growth nexus under the prism of Environmental Kuznets Curves (Bakirtas et al 2014;Pata 2018;Sinha and Shahbaz 2018).…”

Section: Literature Reviewmentioning

confidence: 99%

International Environmental Agreements and CO2 Emissions: Fresh Evidence from 11 Polluting Countries

Oikonomou

Polemis

2021

JRFM

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This study attempts to evaluate the energy and carbon footprint within the framework of international environmental treaties and the efforts made by 11 large polluting countries to mitigate climate change. The econometric methodology accounts for the presence of cross-sectional dependence while it employs second-generation panel unit root tests and cointegrated relationships. To secure the robustness of our findings, we conduct an ARDL approach employing dynamic panel data techniques. Dynamic OLS is also applied to verify the validity of the empirical results. The empirical analysis supports that the reduction in CO2 emissions can be achieved without a slowdown in economic activity for the sample countries. The findings suggest insightful policy implications for policymakers and government officials.

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“…Capital is the necessary core factor in the process of industrial transformation, and finance is the core of capital allocation, which realizes the effective allocation of inter-industry resources [ 13 ]. Financial development provides appropriate and effective financial services at affordable costs by strengthening financial system construction and improving financial infrastructure.…”

Section: Introductionmentioning

confidence: 99%

Does digital inclusive finance promote industrial transformation? New evidence from 115 resource-based cities in China

Liu

et al. 2022

PLoS ONE

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Industrial transformation (IT) is the inevitable course for the sustainable development of resource-based cities, while digital inclusive finance (DIF) provides essential capital elements for industrial transformation. Based on the panel data of 115 resource-based cities in China from 2011 to 2019, this paper discusses the influence mechanism of digital inclusive finance on industrial transformation from the perspectives of the optimization of industrial structure (OIS) and the rationalization of industrial structure (RIS). The empirical results show that digital inclusive finance has a positive effect on both the optimization of industrial structure and the rationalization of industrial structure. Digital inclusive finance influences industrial transformation through residents’ income and technological innovation. In addition, in the analysis of income gap and innovation gap, low-income regions have a better effect on the industrial transformation of industrial structure optimization, while high-income regions have a better effect in manufacturing upgrading, thus resulting in a more significant effect of industrial transformation on the rationalization of industrial structure. Obviously, the development of high-innovation regions has relative advantages with more channels for industrial transformation, which have significant effect of industrial transformation. Therefore, it is necessary to provide differentiated reform on the basis of unified development reform.

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The contribution of Fintech to sustainable development in the digital age: Ant forest and land restoration in China

Cited by 69 publications

References 14 publications

Financial Inclusion and Carbon Reduction: Evidence From Chinese Counties

Financial Inclusion and Carbon Reduction: Evidence From Chinese Counties

International Environmental Agreements and CO2 Emissions: Fresh Evidence from 11 Polluting Countries

Does digital inclusive finance promote industrial transformation? New evidence from 115 resource-based cities in China

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