Towards a greener aging society: A dynamic and multilevel analysis of consumption carbon emissions among China's aging population

Li, Lingzhi; Wang, Yongkang; Wang, Endong; Zhang, Hongbing; Wang, Chendi; Li, Yingzi

doi:10.1016/j.scs.2024.105217

Sustainable Cities and Society

2024

DOI: 10.1016/j.scs.2024.105217

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Towards a greener aging society: A dynamic and multilevel analysis of consumption carbon emissions among China's aging population

Lingzhi Li,

Yongkang Wang,

Endong Wang

et al.

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2024

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Cited by 7 publications

(1 citation statement)

References 91 publications

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“…Their preference for eco-friendly products and services, such as investment in solar energy equipment and household renovation, also older adults value the social prestige associated with their environmentally friendly actions, such as driving hybrid cars (Hur et al, 2015;Bardazzi and Pazienza, 2017). It is indicating a shift towards low-carbon development in related industries (as energy-efficient household products, healthy food, and green transportation) (Wrapson and Devine-Wright, 2014;Papadopoulos et al, 2016;Kim et al, 2018;Shahsavar et al, 2020;Li et al, 2024). Therefore, older adults possesses vast potential in promoting green production and lifestyles, their life experiences, combined with an acknowledgment of sustainable living and the need for a healthy environment, position them as active proponents of green lifestyles (Rhoades et al, 2017;Kriebel-Gasparro, 2022;Hampton and Whitmarsh, 2023).…”

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confidence: 99%

Green finance and the silver economy: catalyzing China’s low-carbon development

Zhang,

Liu,

Chen

et al. 2024

Front. Environ. Sci.

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As global population ageing accelerates (Harper, 2014), the Anthropocene is increasingly becoming a world dominated by older adults. Addressing the nuanced needs of various age groups becomes crucial in understanding the intricate link between human activities and environmental shifts (Lindsey et al., 2022). China's adoption of the silver economy emerges as a pivotal response to ageing challenges, as the same time China also has the need for low-carbon transformation of social-economic development. Therefore, China's silver economy can present an opportunity for green finance committed to low-carbon transformation. This opinion article builds upon an understanding of green finance and the silver economy's concepts and scopes, discussing how the changing needs and preferences of older adults affect the transformation of green consumer behaviour and purchasing habits within the silver economy. We summarized the potential and feasibility for targeted green finance to engage with the silver economy, and offered strategies at the green-product, household, and community levels. We point that green finance as a crucial driver for the ecological transformation of the silver economy, promoting innovation and providing greener options for an ageing society.Human activities are disturbing the Earth's natural cycles, propelling it into the Anthropocene with more uncertainty (Steffen et al., 2011;Steffen et al., 2018). This era is characterized by urbanization and globalization, highlights two significant challenges, climate change and ecological crisis. In this context, social equity becomes crucial, particularly in protecting marginalised groups from climate adversities (Heyd, 2021). The era also underscores the need for integrated approaches that combine climate action with economic growth and human wellbeing (Pincetl, 2017;Angeler et al., 2020;Cork et al., 2023). While the 'Silvering Anthropocene' describe a new phase where increased ageing demographic intensifies challenges for sustainable development. According to the UN, the global population aged 65 and above is expected to grow from 10% in 2022 to 16% by 2050 (Gerland et al., 2022), impacting labour, industry, and consumer patterns, and highlighting ageing's potential to drive economic opportunities (Laperche et al., 2019). The silver economy, which includes public and consumer spending related to ageing, and industrial opportunities aimed to older adults (Lipp and Peine, 2022), reframes concerns around rising healthcare and pension costs, and a shrinking workforce and tax base, by highlighting the economic opportunities of this demographic shift. China, the largest developing economy, the rapidly ageing population is seen as vital to future consumptionoriented economy (

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confidence: 99%

Green finance and the silver economy: catalyzing China’s low-carbon development

Zhang,

Liu,

Chen

et al. 2024

Front. Environ. Sci.

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The Influence of Population Aging on Living Carbon Emissions in the Yellow River Basin: Comparisons Between Urban and Rural Areas

Song,

Zhang,

et al. 2024

Energy Science & Engineering

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Population aging presents a major challenge to China's economic and social development. While some research has addressed the relationship between population aging and energy consumption or generalized carbon emissions, its impact on living carbon emissions has been less explored. This study uses provincial panel data from the Yellow River Basin (2006–2020) and employs a threshold regression model to analyze the relationship between population aging and living carbon emissions. A Multiple Mediation Effect Model is also applied to explore the mechanisms behind this relationship, with a comparative analysis between urban and rural areas. The results indicate a U‐shaped nonlinear effect of population aging on living carbon emissions, which are initially inhibited and then promoted, with different “turning points” for rural and urban regions. As income levels rise, population aging has a marginally increasing effect on living carbon emissions. However, upgrading the consumption expenditure structure, expanding family size, and increasing clean energy consumption can help mitigate the promoting effect of aging on emissions. The mediation model identifies four pathways through which population aging influences living carbon emissions, with income level and consumption expenditure structure playing key roles. This study offers policy insights for addressing urban‐rural disparities and fostering sustainable regional development.

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Political connection and corporate senior-care investment: Active investment or passive involvement?

Meng,

Lin,

Liu

et al. 2024

Finance Research Letters

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Towards a greener aging society: A dynamic and multilevel analysis of consumption carbon emissions among China's aging population

Cited by 7 publications

References 91 publications

Green finance and the silver economy: catalyzing China’s low-carbon development

Green finance and the silver economy: catalyzing China’s low-carbon development

The Influence of Population Aging on Living Carbon Emissions in the Yellow River Basin: Comparisons Between Urban and Rural Areas

Political connection and corporate senior-care investment: Active investment or passive involvement?

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