Green financial reform and innovation attempts to combine the two core principles of green development and innovation-driven to promote the sustainable development of enterprises. This paper adopts the synthetic control method to establish the experimental and reference groups according to whether the ...
In this study, the policy of green finance reform and an innovation pilot site in 2017 was used as a quasi-natural experiment to investigate the influences of green finance reform on corporate green innovation. It was found that corporate green innovation improved significantly after the implementati...
Therefore, it is very effective to increase the impact on the micro level, especially on the enterprise side, through green financial reform and innovation, to promote the transformation of enterprises. The motivation of this paper is to examine the effect of the policies of the Green Finance ...
In numerous ways, the impact of adopting green financing is proven. First, green finance provides financial support for firms engaged in green innovation, including the purchase of green equipment, the introduction of new environmentally efficient technologies, and the training of their personnel. Secon...
Green finance is acknowledged as a critical policy tool in China’s sustainable development sector, with the goal of lowering the financial burden associated with ecological transformation for Chinese firms. This research examines the impact of green finance on the green innovation efficiency of the hi...
CCB Xiamen Branch’s responsible person said that in the future the Branch would take the opportunity of Xiamen’s bid to create a national pilot zone for green finance reform and innovation to continuously improve the institutional mechanism of green finance, and constantly enhance green ground col...
The findings in this study has implications for promoting the implementation of local governments’ environmental protection and the development of sustainable societies in China.Similar content being viewed by others Has the establishment of green finance reform and innovation pilot zones improved air ...
China has set up seven provinces (autonomous regions) and ten pilot zones for green financial reform and innovation since 2017. As a leading country in international cooperation on green finance, China has pushed green finance to become a global issue, promoted the development of green finance ...
Therefore, we aim to investigate the impact of green finance and financial innovation on the environmental status in China from 1996 to 2020. To analyze the finance-environment nexus, we have employed the ARDL model. Findings of the ARDL model confirm that the long-run estimates attached to ...
The establishment ofpilotzones for greenfinancereform and innovation (PZGFRI) is an important green financial policy in China and a crucial means to achieve the objective of energy conservation and emissions reduction. This paper uses panel data of 45 prefecture-level cities in Chinese provinces wher...