Under the background of"dual-carbon",green finance is an important way to promote carbon emission reduction and realize the development of a low-carbon economy.Using provincial panel data from 2000 to 2020,t...Under the background of"dual-carbon",green finance is an important way to promote carbon emission reduction and realize the development of a low-carbon economy.Using provincial panel data from 2000 to 2020,this paper constructs a basic regression model to study the"carbon reduction"effect,mechanism of action,and heterogeneity of green finance.The study finds that:the development of green finance significantly inhibits carbon emissions and has an obvious"carbon reduction"effect;green technology innovation has a mediating effect on the carbon emission reduction effect of green finance;in regions with a high level of economic development or a high degree of marketization,the"carbon reduction"effect of green finance is significant.展开更多
文摘Under the background of"dual-carbon",green finance is an important way to promote carbon emission reduction and realize the development of a low-carbon economy.Using provincial panel data from 2000 to 2020,this paper constructs a basic regression model to study the"carbon reduction"effect,mechanism of action,and heterogeneity of green finance.The study finds that:the development of green finance significantly inhibits carbon emissions and has an obvious"carbon reduction"effect;green technology innovation has a mediating effect on the carbon emission reduction effect of green finance;in regions with a high level of economic development or a high degree of marketization,the"carbon reduction"effect of green finance is significant.