1. Studying the green economic growth with clean energy and green finance: The role of financial policy.
- Author
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Liu, Xiaoyu, Zhao, Ti, and Li, Ran
- Subjects
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RENEWABLE energy sources , *FINANCIAL policy , *ECONOMIC expansion , *CLEAN energy , *SUSTAINABLE development , *RENEWABLE energy transition (Government policy) - Abstract
Recently, there has been an urgent need to fully implement renewable energy sources to realise green energy transitions and combat environmental pollution. This study uses a benchmark estimation model to analyse the links between green economic growth, green financing, and green energy from 2010 to 2020 and green energy advancement in China. Within the context of renewable energy, scholars have investigated various, unequal, and mediating influence connections. According to the extant literature, green economic expansion and green finance are significantly linked with renewable energy, but with diverse influences in various types of renewable technology and in various regions. The effect of green growth in the economy on green energy is non-linear, while green finance is coherent. Green technological advancement is efficiently facilitates green productivity expansion and green energy, and the investment impact is partially mediated. This study contributes significantly to the formulation of several practical initiatives to strengthen the green energy sector and facilitate sustainable growth. The results indicate that it is essential to maximise the potential of green economic activity to advance the green energy sector through the full utilisation of green accomplishments in their transformed forms. • Urgent need for renewable energy: Implementing renewables for green transitions. • Linking green growth, financing, and energy: Analyzing connections in China. • Diverse influences on renewables: Varied impacts by region and technology. [ABSTRACT FROM AUTHOR]
- Published
- 2023
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