Narrow Results

China’s Belt and Road Initiative (BRI) developed a system of interaction with the member countries to uplift economic and environmental integration. Through BRI, these countries are now developing in the field of financial management, energy and environment. This raised the importance to test nexus between energy, finance and environment-related constructs to present the empirical significance with policy suggestions. Therefore, considering the SDG number 7 for sustainable and reliable energy system, recent investigation attempted to determine that how green financing raise energy efficiency, and, to what extent economic and environmental integration act as a catalyst to enhance sustainability and reliability in energy systems of BRI member countries. For empirical analysis, study used the data from 2005–2018. The results have shown a significant variation in energy financing patterns, renewable energy sources consumption and carbon emission trends in BRI member nations. Moreover, the Probit regression analysis confirmed this variation between energy efficiency, financing patterns and carbon emission. Moreover, Human Development Index (HDI) and public financing in energy sector have shown a limited role in developing energy efficiency, which presented the room for private investment through green financing for energy efficiency maximization and this proved as significant in study context. This study also presented policy guidelines for key stakeholders.

The establishment of the Equator Principles provides strict industry standards for promoting green environmental protection. Ecological protection and high-quality development of the Yellow River Basin are major national strategies and frameworks in China. This study aims to provide a theoretical basis for promoting the efficient development of the Yellow River Basin and to explore the imbalance between the development level and the development quality of green finance in various regions of the Yellow River Basin. The study implements an evaluation index system to quantify the economic development level and green finance development level of the Yellow River Basin. Moreover, a panel model analyzes the impact mechanism of green finance on the high-quality development of the basin as well as the moderating role of government supervision. The results show that most cities in the Yellow River Basin of China are at a medium level of green financial development, and some cities have a low level. Green financial development can promote high-quality development, and green regulatory and fiscal policies play a moderating role in this process. This study makes relevant policy recommendations for improving top-level design and preserving the environment.

There needs to be more empirical research quantifying the relationship between the growth of green finance (GF) and green productivity. This study investigates this connection by analyzing data from 30 regions in China from 2006 to 2022. We utilize a comprehensive GF growth index to assess the impact. The results reveal a substantial increase in green manufacturing in response to more excellent green financing, fostering environmental sustainability. Both GF and total factor production exhibit upward trajectories, indicating the effectiveness and productivity of green financial initiatives. Furthermore, regression analysis demonstrates a significant positive effect of increased green financing on output. This effect is expected to be more pronounced in regions with more robust economic and social conditions, lower public interest in environmental preservation and higher pollution levels. Our findings suggest that implementing GF policies further enhances the positive effects of expanding green financing. This research has important implications for China’s environmental protection and green financing efforts, serving as valuable insights for environmental analysts, policymakers, local governments, financial institutions and legislators involved in GF policy implementation.

Green finance directs social capital to support projects that benefit the environment and sustainable development. This paper constructs a policy analysis and evaluation (PAE) model based on a synthetic control method and policy instrument. Through the quantitative analysis of the actual effect of policy impacts and the analysis of policy instruments, the PAE model jointly analyses and evaluates the policy effects from both causes and consequences. This paper takes the first batch of green finance pilot zones in China as an example. The model results show that Guizhou has the best emission constraint effect. The carbon reduction effect in Jiangxi and Zhejiang is not significant. The growth of carbon emissions in Guangdong and Xinjiang accelerated. Furthermore, the PAE model analyses the mechanism of policy impacts. The difference in policy focus is the cause of the difference in carbon emission control effects. This result strengthens the reliability of the evaluation conclusions from the perspective of policy supply and provides valuable policy experience.

The escalating environmental degradation, defined as the deterioration of the natural environment through depletion of resources, pollution, and ecosystem destruction, poses a significant threat to sustainable development, prompting the critical need to explore effective financial mechanisms to address this issue. This investigation enhances the existing literature by analyzing the interplay between green finance, environmental degradation, and specific interaction mechanisms such as economic policy uncertainty, investor protection, and the Paris Agreement providing robust insights into sustainable development strategies for G7 countries. Using data from G7 countries spanning 1998 to 2023, we employ panel fixed effect estimates to analyze the relationship between these variables. Our findings support the supposition that green finance favorably influences environmental degradation, whereas sustainable growth is adversely influencing it. Moreover, our research indicates that the Paris Agreement in 2015, investor protection indices, and low economic policy uncertainty enhance the positive impact of green finance on sustainable development. Our study highlights the importance of integrating green finance into policy frameworks to promote sustainable development and mitigate environmental degradation adverse influence.

Green finance (GFIN) has become a viable option for dealing with climate change in recent years. However, it is yet unknown how well it will affect low-carbon paths in recipient nations. As a result, the main goal of this study is to determine the causal relationship between clean energy (CENE), GFIN, and environmental responsibility (ERES) by using the innovative time-varying causality test on daily data from August 25, 2014, to September 12, 2021. The study is based on S&P Dow Jones Global Clean Energy, Green Bond, and Environmental and Social Indices. Adopting a time-varying technique should be trustworthy and resilient since the data exhibit consistent rising and negative trends. The findings demonstrate that GFIN helps to reduce carbon emissions. This research demonstrates the need to develop a thorough strategy to enhance ERES and GFIN by acquiring green technologies to achieve effective energy transition and sustainable development objectives.

The use of fossil fuels, which is still seen as the cheapest energy source today, has increased carbon emissions and contributed to the formation of greenhouse gases, and this gas has reached levels that threaten world health. While studies on this problem often question the relationship between production volume, energy use, and carbon emissions, few studies question the effects of the financial assets, which are the providers of investments made for production purposes, on environmental degradation. This study used the fixed effect model and system GMM technique to analyse the moderating effect of green finance in connection to financial openness and environmental quality from 2015 to 2020 in the CEE countries. Findings show, among other things that (1) CO₂ in CEE countries is still growing; (2) financial openness is a positive and significant indicator of CO₂ emission; and (3) that green finance usage reduces the positive impact of financial openness on CO₂ emissions. The study suggests that financial openness, renewable energy (RE) investment, and green technology innovation (GTI)– consistently drive CO₂ emissions in CEE countries. The study suggests that policies promoting green finance, particularly RE investment and GTI, can help mitigate environmental degradation and reduce CO₂ emissions.

Ensuring energy justice is crucial for achieving social stability and realizing low-carbon development. Accordingly, we estimate the effect of green finance (GF) on energy justice in China and further explore its influencing mechanisms using the system-generalized method of moments (SYS-GMM). For this purpose, we first assess the levels of energy justice across 30 Chinese provinces. The main results show the following: (1) China’s energy justice index generally shows an upward trend during the observation period. (2) GF can directly promote China’s energy justice, mainly by increasing procedural justice, recognition justice, and restorative justice. (3) GF also indirectly increases energy justice by promoting environmental regulation and green total factor productivity (GTFP). (4) The effect of GF on energy justice is heterogeneous and asymmetric. Specifically, it is more pronounced in southern China, regions with low GF indexes, and regions with high energy justice indexes. This study’s findings enrich the existing literature and provide policy implications for China’s realization of energy justice.

The research consists of a systematic literature review (SLR) emphasizing scholars’ views on the topic of green finance. Seeking to provide a deep understanding of the state of the art, the paper aims to draft implications and insights to address future research. Studies on green finance are investigated using the Scopus database as a source to get access to the dataset. The methodological approach is inspired by Kraus et al. (2020) in order “to identify, choose and critically appraise relevant pieces of research, and to generate collective insights of knowledge from past research” (Loureiro et al. 2019).

Carrying out green insurance investment is of great significance for improving the green financial service system, expanding the investment space for insurance funds, improving the ability of insurance fund service ecological environment construction, and promoting the transformation of China’s economy towards a green and low-carbon sustainable development. In recent years, China’s green finance has made great progress, but its scale is only a drop in the ocean compared with the huge demand for green investment. In particular, the scale and influence of green insurance investment is small, and the role played by it is not obvious. In terms of the system, top-level design and promotion are not sufficient, and the insurance asset management institutions are less active and innovative. Therefore, it is recommended to start from the institutional innovation of green insurance investment, strengthen policy promotion and build an efficient examination and approval registration and inspection and assessment system. Also, giving full play to the role of industry infrastructure, improving the liquidity of green insurance investment projects, effectively stimulating the internal motivation of insurance institutions will promote the steady development of China’s green insurance investment.

This paper presents an overview of sustainable finance and focuses on the crucial role of green and regenerative finance in promoting sustainability in the contemporary world. It discusses how green financial technology (green fintech) leverages technology to support sustainable finance and reviews the latest advancements in green technologies, and how they are utilized to mitigate the effects of climate change. In addition, it highlights the importance of governance in these two areas of sustainable finance. Several real-life case stories are also presented to illustrate the successful applications of green technologies by organizations and individuals to mitigate the effects of climate change and achieve sustainability goals. In sum, the overarching goal of this paper is to demonstrate how harnessing the power of green and regenerative finance and green fintech is crucial in ensuring a sustainable future for all.

This research aims to examine the relationship between Cardano (ADA) return, which is used as a proxy for green cryptocurrency, and Google search volume (GSV), which is used as a proxy for investor attention. The weekly data cover the period from January 2018 to June 2022. To analyse the causal relationship between investor attention and Cardano returns, the VAR model and Granger causality tests are implemented. As a result, it is found that there is a bidirectional relationship between Cardano returns and investor attention. However, while changes in investor attention have little impact on the Cardano returns, changes in Cardano returns have a substantial impact on investors’ search intensity. Finally, it is concluded from the VAR results that both variables positively affect each other.

Banco platform, which was launched by RABC Group, is a digital banking platform with a mission to align the transformation efforts of enterprises and financial institutions with innovative digital financing products. The company has recently collaborated with Savills (Singapore) Pte Ltd to digitise financing solutions in the property industry and provide more competitive financing options to suppliers and service providers, as well as enhance sustainability practices through accredited green financing options. This partnership is aligned with the initiatives of the Monetary Authority of Singapore (MAS) under the Green Finance Action Plan that was launched in 2019.

This chapter aims to enhance knowledge of green finance in the existing literature and to review the sustainable development activities in the Middle East and North African countries. The study has also identified the challenges of providing green finance activities around the MENA region and offers suggestions to overcome the hindrances with the help of literary evidence. Research studies revealed that green finance and its related elements are at the forefront of discussion around the world. The reason behind these extreme changes in green nature is due to political, economic, social, and environmental fluctuations, which are affected by a fiscal crisis. Researchers have used the latest methodology of PRISM 2020, which is an advanced version of PRISMA 2009, for conducting a systematic literature review by considering 10 years of literature studies between 2013 and 2022 from the Scopus Search Engine to meet the research objectives of the study. This study would help future research activities on green finance to learn from the initiatives of MENA nations to understand the practical difficulties and opportunities available in society. It has remarkable implications for academic researchers, officials making policies, and entities providing various services to practitioners in the field of green nature as it is unique in understanding the growth and development of green finance activities and its sustainable development around the MENA region. The study concluded that green finance initiatives are possible by focusing on implementing various carbon emission proposals as part of sustainable programs. Government and financial institutions must consider that green finance activities enhance sustainable financing.

Climate Bonds Initiative is an international not-for-profit organization that is aiming to tackle climate change by working to channel debt-based investment capital towards industries and projects to meet the Paris Agreement goal of limiting global heating to no more than 2°.

As an indispensable means of green development, green finance promotes the harmonization of green and innovation. In this paper, information technology and big data are used to search for relevant information about the establishment of pilot policies in green finance reform and innovation pilot zones and to select data of original SMEs in 2014∼2019 from CSMAR and other databases. With the help of Stata software in computer technology, this paper uses the model to empirically assess the impact of the pilot policy on the innovation of technological enterprises. The research demonstrates that the pilot zones’ establishment has extensively promoted innovation in technological enterprises. Secondly, the influence mechanism test shows that the pilot zones have increased their endogenous financial capabilities through the taxation mechanism, promoting technological innovation. However, enterprise innovation ability cannot be enhanced by government subsidies.