Green finance innovation and carbon neutrality strategies: sustainable development pathways and policy frameworks
Year: 2024
Type: article
Abstract: Introduction This paper analyzes the influence of green finance innovation on the green innovation ability of Shanxi Huangtupo Coal Industry Group Co., Ltd. Methods By constructing a fixed-effect model. This study uses the number of green patent applications by enterprises as indicator to measure green innovation, with the green finance development index as a key explanatory variable, while controlling for other factors such as asset-liability ratio and listing time. Results The results show that there is a significant positive correlation between green finance innovation and the green innovation of enterprises, indicating that the development of green finance has effectively promoted the green technology innovation in enterprises, which helps to achieve carbon neutrality. Discussion The study provides a reference for policymakers to promote the development of lowcarbon economy through financial policies. Linking green finance innovation with the green innovation capabilities of specific high emission sector enterprises provides new insights into the role of green finance in promoting enterprise carbon neutrality.
Authors: Xueqin Dong, Dongdong Dong, Qing Yu
Language: English
Subfield: Finance
Domain: Social Sciences
Open Access status: gold
Estimated APC paid: $3,295
OpenAlex ID: W4405016399