Moderating effect of corporate financialization on the impact of climate policy on corporate green innovation:Evidence from China

With intensifying global climate change,humanity is confronted with unparalleled environmental challenges and risks.This study employs the staggered difference-in-difference model to examine the relationship between climate policy and green innovation in the corporate financialization context.Using Chinese-listed company data from 2008 to 2020,our analysis reveals a favorable correlation between China’s carbon emission trading policy(CCTP)and advancements in green innovation.Furthermore,we find that the level of corporate financialization moderates this correlation,diminishing the driving effect of CCTP on green innovation.Additionally,results of heterogeneity analysis show that this moderating consequence is more evident in non-state owned and low-digitization enterprises compared with state-owned and high-digitization ones.Our findings contribute to the existing literature by clarifying the interaction between CCTP,green innovation,and corporate financialization.Our research provides valuable insights for policymakers and stakeholders seeking to strengthen climate policies and encourages green innovation in different types of businesses.

Influencing Factors and Improvement Suggestions for Agricultural Green Development Performance:Empirical Insights from China

Agricultural green development is an essential direction for global sustainable agriculture.The academic literature,however,needs to place greater emphasis on studying the factors influencing agricultural green development performance and how such performance can be improved.A theoretical framework for agricultural green development performance was constructed in this paper using the Super-SBM model,which considers undesirable outputs,to measure the agricultural green development performance of 330 cities at or above the prefecture level in China(excluding Tibet Autonomous Region,Hong Kong,Macao and Taiwan of China)from 2007 to2018.Furthermore,the influencing mechanism of agricultural green development performance was then analyzed using a spatial econometric model.The results show that:1)from 2007 to 2018,China’s agricultural green development performance experienced three stages of evolution:‘rise,decline and rise’.2)The regions with high performance agricultural green development are mainly distributed in eastern China,northeastern China,and southern Qinghai Province.3)The agricultural economic level,industrialization process,and labor quality play significant roles in promoting local agricultural green development performance,while such performance is obviously inhibited by the openness level and the government’s environmental regulations.Local agricultural green development performance is significant inhibited by the agricultural economic level and accelerated industrialization process in neighboring cities,while significantly promoted by the agricultural industrial structure in neighboring cities.Some suggestions for improving agricultural green development performance are proposed based on these research results,which can provide scientific references for promoting sustainable agriculture.

Dynamic evolution and trend prediction of multi-scale green innovation in China

Numerous studies deal with spatial analysis of green innovation(GI).However,researchers have paid limited attention to analyzing the multi-scale evolution patterns and predicting trends of GI in China.This paper seeks to address this research gap by examining the multi-scale distribution and evolutionary characteristics of GI activities based on the data from 337 cities in China during 2000-2019.We used scale variance and the two-stage nested Theil decomposition method to examine the spatial distribution and inequalities of GI in China at multiple scales,including regional,provincial,and prefectural.Additionally,we utilized the Markov chain and spatial Markov chain to explore the dynamic evolution of GI in China and predict its long-term development.The findings indicate that GI in China has a multi-scale effect and is highly sensitive to changes in spatial scale,with significant spatial differences of GI decreasing in each scale.Furthermore,the spatiotemporal evolution of GI is influenced by both geospatial patterns and spatial scales,exhibiting the“club convergence”effect and a tendency to transfer to higher levels of proximity.This effect is more pronounced on a larger scale,but it is increasingly challenging to transfer to higher levels.The study also indicates a steady and sustained growth of GI in China,which concentrates on higher levels over time.These results contribute to a more precise understanding of the scale at which GI develops and provide a scientific basis and policy suggestions for optimizing the spatial structure of GI and promoting its development in China.

Status and distribution changes of the endangered Green Peafowl (Pavo muticus) in China over the past three decades (1990s-2017)

Background： Understanding the changes in population dynamics, including demographics, distribution and threats is essential for species status assessing.The endangered Green Peafowl （Povo muticus） has experienced sharp population declines and d stribution range diminishing both in China and Southeast Asia. Field population surveys have not been conducted in China since the 1990s, which hindered conservation planning and decision-making.Methods： With interview and line transects methods, we figured out the population and distribution changes of Green Peafowl across its historical ranges over the past three decades in China during 2014-2017.Results： The Green Peafowl once habituated in 54 counties in China. Nearly 60% of the distribution counties were lost in the past three decades, with the left 22 counties distributed in central, southern and western Yunnan, SW China. Population decrease detected in all distribution areas except for Shuangbai and Xinping county where more than 60% of the total population is located. Only about 30% of the former bird population were recorded with the same interviewing method as 20 years ago.Three birds, 1 carcass, 6 calls and 12 footprints were detected along the 865 km line transects, indicating extremely low encounter rate of Green Peafowl in field. Sharp decreases in flock sizes were also detected, from 8-20 birds per flock in the 1990s to 3-5 birds at present. Poaching and habitat conversion are two widespread and long-lasting threats, while poison tion affect regional population＇s survival. Large flocks of 18 ng caused mortality in the past and hydropower construc -27 birds were discovered in the field, which increases our confidence of population recovery of this endangered pheasant in China.Conclusions： Only interviewed bird number and counts based on line transects were presented in this study, without further population estimation due to limitation of the data sets. Although the actual population of this cryptic bird must be underestimated, dramatic population declines and distribution concentrations of the endangered Green Peafowl occurred over the past 30 years in China undoubtedly.

Problems and Countermeasures of Green Logistics Development in China

Green logistics represents direction and trend of future logistics development, and is a kind of new mode of the logistics industry under the guidance of strategic guidance of scientific development concept and construction guideline of ecological civilization. Various countries in the world gradually make green logistics activity as the focus of logistics industry development and actively study special technology of green logistics, thereby laying foundation for green and sustainable development of logistics. In China, green logistics starts later, and awareness on green logistics is very limited, We study current situation of green logistics development in China, analyze many problems at concept, regulations and policies, in- frastructure, technical information and logistics personnel of green logistics, and put forward specific suggestions for improving green logistics devel- opment in China.

Issues and Challenges in Implementing China’sGreen Public Procurement Program

Sustainable development and environmental protection are the themes of the day. One popular policy tool that government uses to promote sustainable development and to protect the environment is green public procurement. Chinese government established its public procurement system in the late 1990s. It has moved to implement green procurement since 2004. In this paper, the authors will first trace the development of Chinese green public procurement program. The authors will then examine the issues involved in its implementation and make suggestions as to how to make green public procurement program more effective. This is one of the first papers examining China’s green public procurement program.

Evaluation and Influence Factor of Green Efficiency of China’s Agricultural Innovation from the Perspective of Technical Transformation

Agricultural innovation is important for the green transformation of agriculture.Based on the perspective of technology transformation,this paper builds a theoretical analysis framework and evaluation index system for green efficiency of agricultural innovation,and discusses the evolution laws and influencing factors of the green efficiency of China’s agricultural innovation from 2005 to 2017 utilizing the DEA model,Malmquist index,and Tobit regression analysis.The results show that:1)The overall green efficiency of China’s agricultural innovation is not high,the green efficiency of agricultural innovation in eastern China is mainly driven by pure technical efficiency,while that in central and western China is mainly driven by the scale efficiency.The green efficiency of agricultural innovation shows significant spatial differences,and the low efficiency and relatively low-efficiency regions moved to central and southeastern China.2)Technical progress is the main force affecting the change of green total factor productivity of China’s agricultural innovation,seeing a trend of decrease followed by an increase.Pure technical efficiency and scale efficiency exhibit an increasing-decreasing trend,and gradually transform into key factors that restrict the improvement of the green total factor productivity of agricultural innovation.3)Agricultural technologies’diffusion,absorption,and implementation are three influencing factors of the green efficiency of agricultural innovation.The local level of informatization,the number of agricultural technicians in enterprises and institutions,average education level of residents,and the level of agricultural mechanization have positive impacts on the promotion of the green efficiency of agricultural innovation,promoting the diffusion,absorption and implementation of agricultural innovation technology can significantly improve the green efficiency of agricultural innovation.

Development Experience of Foreign Green Shipping and Its Enlightenment to China

Based on analysis of green shipping practices of foreign ships manufacturers, ocean carriers ad port countries, their advanced experience was summarized, and its enlightenment to China＇s ＂green shipping＂ was analyzed to realize China＇s dream of becoming ＂ a strong shipping country＂ eady.

Explaining farmers'reluctance to adopt green manure cover crops planting for sustainable agriculture in Northwest China

Green manure cover crops(GMCCs)planting has a potential for mitigating greenhouse gas emissions(GHG)in agroecosystems and provides important ecosystem services,thereby achieving the Sustainable Development Goals(SDGs)stipulated by the United Nations.However,the advantages of cultivating GMCCs on arable land are not widely recognized.For example,in the whole of China,the GMCCs planting area is less than 3.5%of total arable land.The aim of this study is to explore reasons for the low adoption rate of GMCCs planting.Using best–worst scaling(BWS)approach,farmers ranked their preferred conservation practices including three types of GMCC cropping systems.Taking Gansu Province in Northwest China as a case study,a survey with 276 farmers was conducted.The findings indicated that three factors are related to the low adoption rate of GMCCs:1)farmers preferred improving farmland irrigation facilities and substituting chemical fertilizers with organic rather than planting GMCCs;2)lack of awareness and understanding of government policy on GMCCs and limited access to training courses;3)financial support and subsidies from the government are insufficient.This study provides insights and strategic implications for policymakers on how to further promote GMCCs in the future.

Impacts of Drought and Human Activity on Vegetation Growth in the Grain for Green Program Region,China

The Chinese government adopted six ecological restoration programs to improve its natural environments. Although these programs have proven successful in improving local environments, some studies have questioned their performance when regions suffer from drought. Whether we should consider the effects of drought on vegetation change in assessments of the benefits of ecological restoration programs is unclear. Therefore, taking the Grain for Green Program(GGP) region as a study area, we estimated vegetation growth in the region from 2000–2010 to clarify the trends in vegetation and their driving forces. Results showed that: 1) vegetation growth increased in the GGP region during 2000–2010, with 59.4% of the area showing an increase in the Normalized Difference Vegetation Index(NDVI). This confirmed the benefits of the ecological restoration program. 2) Drought can affect the vegetation change trend, but human activity plays a significant role in altering vegetation growth, and the slight downward trend in the NDVI was not consistent with the severity of the drought. Positive human activity led to increased NDVI in 89.13% of areas. Of these, 22.52% suffered drought, but positive human activity offset the damage in part. 3) Results of this research suggest that appropriate human activity can maximize the benefits of ecological restoration programs and minimize the effects of extreme weather. We therefore recommend incorporating eco-risk assessment and scientific management mechanisms in the design and management of ecosystem restoration programs.

Impact of Green Buildings( LEED and Estidama) in the Middle East and China

0 Introduction The growing number of accredited green buildings reflects the development and adoption of various green building rating systems in our building construction industry globally and within the Middle East over the past 5 years.While the US based LEED system,Leadership in Energy and Environmental Design,has been widely utilized as an international

Trade-offs and Synergies of Ecosystem Services in Karst Area of China Driven by Grain-for-Green Program

As an important means regulating the relationship between human and natural ecosystem,ecological restoration program plays a key role in restoring ecosystem functions.The Grain-for-Green Program(GFGP,One of the world’s most ambitious ecosystem conservation set-aside programs aims to transfer farmland on steep slopes to forestland or grassland to increase vegetation coverage)has been widely implemented from 1999 to 2015 and exerted significant influence on land use and ecosystem services(ESs).In this study,three ecological models(In VEST,RUSLE,and CASA)were used to accurately calculate the three key types of ESs,water yield(WY),soil conservation(SC),and net primary production(NPP)in Karst area of southwestern China from 1982 to 2015.The impact of GFGP on ESs and trade-offs was analyzed.It provides practical guidance in carrying out ecological regulation in Karst area of China under global climate change.Results showed that ESs and trade-offs had changed dramatically driven by GFGP.In detail,temporally,SC and NPP exhibited an increasing trend,while WY exhibited a decreasing trend.Spatially,SC basically decreased from west to east;NPP basically increased from north to south;WY basically increased from west to east;NPP and SC,SC and WY developed in the direction of trade-offs driven by the GFGP,while NPP and WY developed in the direction of synergy.Therefore,future ecosystem management and restoration policy-making should consider trade-offs of ESs so as to achieve sustainable provision of ESs.

Preliminary Analysis of Modular Vertical Greening in Office Spaces in Northeast China

Environmental problem is a key problem for modern society. This paper analyzed indoor environment of the offi ce space in northeast China, explored the plants suitable for modular vertical greening in the offi ce space, and the key points for selection, and further analyzed the benefi ts of modular vertical greening for the indoor offi ce environment and the process fl ow. New technologies in modular vertical greening can be applied to improve the quality of indoor environment, and enhance the active atmosphere of indoor environment.

Global Climate Change and China's Green Development

For China, green industrial revolution induced by global climate change poses not only the greatest challenge, but also the greatest opportunity. In the perspective of China's basic national conditions, and especially its natural conditions, China's green development is the inevitable path of choice for the realization of sustainable development and scientific development. The essence of China's modernization 2050 is green modernization, taking the three-step strategy towards China's own green development and energy conservation and emission reduction. In combination with the 12 th Five Year Plan, its innovative positioning is "green development plan".

Green Inefficiency for Regions in China

We used the directional output distance function to derive estimates of green inefficiency, shadow prices, and waste costs of three wastes (waste water, waste gas, and solid waste) for thirty regions in China during the 1996-2003 periods. There is an upward trend in green inefficiency in Chinese regions from 1996 to 2003. The green inefficiency score in west area is the lowest but in central and east areas are higher. The costs of wastes have an upward trend in east and central areas but downward trend in west area in the last two observation years.

Present Situation and Control Ideas of Outbreak of Blue-green Algae in Freshwater Lakes in China

Based on the experience and lessons from previous control of lakes, as well as the present situation of water eutrophication and outbreak of blue-green algae in lakes, general ideas of controlling outbreak of blue-green algae in large and middle lakes were proposed. Firstly, it is needed to control serious outbreak of blue-green algae and then build health aquatic ecosystems and corresponding control goals finally. Secondly, quantity of blue-green algae in lakes and lake eutrophication should be reduced at the same time. Thirdly, quantity of reduced blue-green algae must exceed the natural increase of them in quantity persistently, so that outbreak of blue-green algae will reduce and even be eliminated. Fourthly, engineering measures and corresponding safeguard measures to control outbreak of blue-green algae in lakes should be combined.

Green Development for Supporting Sustainability of Northeast China:Performance Quantification,Spatio-temporal Dynamics and Implications

Green development is the cognition of geography to human-nature nexus under the background of the new era.As China is facing various eco-environment problems,green development has become a key approach towards ecological progress,and it is ultimately an explicit means to respond to support sustainable development in China.Quantifying green development performance is essential to track efforts towards sustainability and guide policymakers.However,applying the balanced property of’Economy-Ecology-Society’of green development to its performance assessment is rarely discussed.Here we elaborated the connotation of green development and developed a quantification model with coupling coordination degree to assess green development performance of the largest old industrial base of China,Northeast China.We found that the green development performance has been improved from a score of 0.443 in 2003 to 0.530 in 2019 but the disparities of green development performance were enlarging over time,especially for the cities in Heilongjiang.A positive spatial autocorrelation phenomenon of green development performance was confirmed,and Low-Low clusters in the northeastern Heilongjiang and High-High clusters in the central-eastern Liaoning were discovered.This study suggests the need to track the spatio-temporal dynamics of green development performance to provide references for achieving sustainable development goals in northeast China and other regions.

Spatial Green Belt Development Report in China

The green belt, located on the outskirts of a metropolis, has many characteristics such as good location, better landscape environment than urban areas, high availability in an original environment, low development costs and large and concentrated open spaces. With the huge population in China, this has led to a shortage of green space per capita and the shortage of recreational space. In view of such conditions, the recreational function of the green belt is very important, and can compensate for the shortcomings of tight urban recreation space. However,there has always been an important question about the scientific aspects and rationality of green belt use and control measures. In this paper, some outcomes of the Chinese green belt policy will be introduced. Then, three advantages and two disadvantages will be shown. Finally, reasons analyse and comparisons between China's main cities and cities with a successfiil green belt will be given.