Chinese industrial structure is characterized by a large proportion of industries with high energy consumption and high pollution, such as coal, steel, and cement production, and with only a small proportion of green and environment protection industries. In order to optimize this structure, the Chinese government has clearly proposed to upgrade the industrial structure by solving funding problems in the field of environmental protection in the 13th 5-year plan. However, there are no systematic researches on how green credit affects industrial structure and what the corresponding effects are in the current theoretical circle. Therefore, by analyzing current situations of green credit and the industrial structure, this research explores mechanisms concerning the effects of green credit on the industrial structure. Furthermore, this study conducts an empirical research by using a fixed effects model constructed based on sample data from eastern, central, and western China from 2006 to 2016. The results find that (1) green credit mainly influences the industrial structure through capital and funding channels of enterprises. (2) On the whole, China's green credit has significant effects on the transformation of the industrial structure. (3) Influences of green credit in China on the industrial structure are significantly different in each region. In order to effectively upgrade the industrial structure, for the related stakeholders, some effective ways are to establish a sound legal system for green credit, raise depth of understanding on green credit, and implement green credit according to local conditions.
Download full-text PDF |
Source |
|---|---|
| http://dx.doi.org/10.1007/s11356-020-07717-4 | DOI Listing |
Publication Analysis
Top Keywords
Similar Publications
Spatial variation of land use carbon budget and zoning for carbon compensation in the Huai River Eco-economic Belt, China.
Sci Rep
January 2025
Key Research Base of Philosophy and Social Sciences in Jiangsu Universities, Research Institute of Huai River Eco-economic Belt, Huaiyin Normal University, Huaian, 223300, China.
Carrying out carbon budget assessment and carbon compensation zoning research from inter-regional perspective can actively boost the formulation of green, low-carbon transformation strategies, guiding the flow of compensation credits, promoting regional equity and sustainable development, and realizing China's "dual-carbon" goal. Huai River Eco-economic Belt is considered to be a typical example of how land use affects carbon budget due to its more drastic land changes. The paper uses the carbon emission coefficient method to analyze the carbon revenue and expenditure of kinds of land-use patterns, and constructs the carbon compensation model with the help of the carbon budget concentration index and the dominant comparative advantage index, and puts forward the carbon compensation zoning program.
View Article and Find Full Text PDFIs digital-green synergy the future of carbon emission performance?
J Environ Manage
January 2025
School of Economics and Management, China University of Geosciences, Wuhan, 430078, China. Electronic address:
Amid the new industrial revolution, digital technology and green finance play pivotal roles in shifting towards a low-carbon economy. This paper establishes a coherent research framework by integrating digital technology, green financing, and carbon emission performance. Utilizing a multifaceted dataset that combines provincial panel data with corporate listings databases, this study evaluates the development of green finance using a hybrid weighing methodology that merges the analytical hierarchy process (AHP) with the spatial-temporal entropy weight method.
View Article and Find Full Text PDFMangrove-based carbon market projects: What stakeholders need to address during pre-feasibility assessment.
J Environ Manage
January 2025
Ecoresolve, San Francisco, CA, USA; Earth Observation Centre, Institute of Climate Change (IPI), Universiti Kebangsaan Malaysia, Bangi, 43600, Malaysia; Department of Civil Engineering, College of Engineering, American University of Sharjah (AUS), P.O. Box 26666, Sharjah, United Arab Emirates; Department of Geography, University of California-Berkeley, Berkeley, CA, 94709, USA. Electronic address:
Mangrove-based carbon market projects (MbCMP) aim to conserve, protect and restore mangrove habitats in order to generate high quality blue carbon credits via a crediting program, as a contribution to climate change mitigation/adaptation, biodiversity conservation, ecosystem services provision and local socio-economic development. The blue carbon credits generated are transferable, verifiable and sold through carbon markets to earn additional income for governments and local communities. The main aim of the paper is to provide important considerations for pre-field planning, that is, how challenges associated with fieldwork, project implementation, and monitoring reporting and verification (MRV) can be addressed with proper pre-field planning.
View Article and Find Full Text PDFBusiness environment and its impact on high-quality economic development: A configurational analysis of enhancement pathways.
PLoS One
January 2025
College of Economics and Management, Southwest University, Chongqing, China.
The nexus between the business environment and high-quality economic development is pivotal for fostering sustainable growth. This study delves into their interrelationship, recognizing its profound practical significance. We have developed a comprehensive index system to evaluate high-quality economic development, encompassing four key dimensions: green development quality, robust economic growth, innovation dynamics, and equitable societal benefits.
View Article and Find Full Text PDFAn integrated approach to modeling the influence of critical factors in low-carbon technology adoption by chemical enterprises in China.
J Environ Manage
January 2025
School of Economics and Management, Dalian University of Technology, No.2 Ling Gong Road, Dalian 116024, China.
Adopting low-carbon technology has become a critical method for enterprises to reduce carbon emissions and combat global warming. However, the willingness of high-energy-consuming and high-emission enterprises, such as those in the chemical industry, to adopt this technology is not high. Therefore, how to effectively stimulate these enterprises to develop and apply low-carbon technology has become an urgent challenge.
View Article and Find Full Text PDFWant AI Summaries of new PubMed Abstracts delivered to your In-box?
Enter search terms and have AI summaries delivered each week - change queries or unsubscribe any time!