Nexus Among Digital Inclusive Finance and Carbon Neutrality
Author | : Weiwei Wang |
Publisher | : |
Total Pages | : 0 |
Release | : 2022 |
Genre | : |
ISBN | : |
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To become carbon neutral, all nations must reduce household carbon emissions. The effect of digital financial development on home carbon emissions cannot be overlooked for such a task. This research examined the effects of the growth of the digital economy and sustainable economic growth experimentally using panel data in China from 2005 to 2020. The findings demonstrate that inclusive digital financing may directly lower carbon intensity. It can also impact carbon intensity by enhancing the industrial structure and encouraging green technologies. A small financial audience is the cause of the marginal drop. At the same time, a strong external pulling force is the cause of the marginal rise owing to individual efficiency and scale effects. The findings of the mediating impact reveal that digital financial inclusion encourages the expansion of carbon sequestration via green space and green technologies while encouraging the decrease of carbon intensity by increasing per capita disposable income and digitalization. We do a heterogeneity study of the effect using two features, four financial instruments, and several city characteristics. This leads to several subtle discoveries that are advantageous for executing specific policies. Finally, several techniques demonstrate the findings' reliability, strengthening this research's main finding.