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ORIGINAL RESEARCH article

Front. Environ. Sci.
Sec. Environmental Economics and Management
Volume 12 - 2024 | doi: 10.3389/fenvs.2024.1485614
This article is part of the Research Topic Climate Risk and Green and Low-Carbon Transformation: Economic Impact and Policy Response View all 6 articles

Green finance innovation and carbon neutrality strategies: sustainable development pathways and policy frameworks

Provisionally accepted
Dong Xueqin Dong Xueqin 1Dongdong Dong Dongdong Dong 2Qing Yu Qing Yu 3*
  • 1 Sun Yat-sen University, Guangzhou, Guangdong Province, China
  • 2 Wuchang University of Technology, Wuhan, Hebei Province, China
  • 3 Guangzhou City University of Technology, Guangzhou, China

The final, formatted version of the article will be published soon.

    This paper analyzes the influence of green finance innovation on the green innovation ability of Shanxi Huangtupo Coal Industry Group Co., Ltd. by constructing a fixed-effect model.This study uses the number of green patent applications by enterprises as indicator to measure green innovation, with the green finance development index as a key explanatory variable, while controlling for other factors such as asset-liability ratio and listing time. The results show that there is a significant positive correlation between green finance innovation and the green innovation of enterprises, indicating that the development of green finance has effectively promoted the green technology innovation in enterprises, which helps to achieve carbon neutrality. The study provides a reference for policy makers to promote the development of low-carbon economy through financial policies. Linking green finance innovation with the green innovation capabilities of specific high emission sector enterprises provides new insights into the role of green finance in promoting enterprise carbon neutrality.

    Keywords: green finance, carbon neutrality, Entropy method, sustainable development, Fixed-effect model

    Received: 27 Aug 2024; Accepted: 31 Oct 2024.

    Copyright: © 2024 Xueqin, Dong and Yu. This is an open-access article distributed under the terms of the Creative Commons Attribution License (CC BY). The use, distribution or reproduction in other forums is permitted, provided the original author(s) or licensor are credited and that the original publication in this journal is cited, in accordance with accepted academic practice. No use, distribution or reproduction is permitted which does not comply with these terms.

    * Correspondence: Qing Yu, Guangzhou City University of Technology, Guangzhou, China

    Disclaimer: All claims expressed in this article are solely those of the authors and do not necessarily represent those of their affiliated organizations, or those of the publisher, the editors and the reviewers. Any product that may be evaluated in this article or claim that may be made by its manufacturer is not guaranteed or endorsed by the publisher.