1. Assessment of the coupling coordination relationship between the green financial system and the sustainable development system across China.
- Author
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Li, Chenggang, Bao, Youhui, Li, Yingjie, Yue, Mu, Wu, Liang, Mao, Yufeng, and Yang, Tingzhang
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CITIES & towns - Abstract
Green finance (GF) is recognized as a key driver of sustainable development. While existing studies have extensively discussed the relationship between GF and the Sustainable Development Goals (SDGs), few have explored the coupling coordination relationship between GF and SDGs. In this paper, we use data from thirty Chinese provinces (municipalities and autonomous regions) from 2008–2021 to examine the degree of coupling coordination development (CCD) between GF and the SDGs systems using the CCD model. We find that most SDGs and their sub-goals exhibit a significant upward trend, except for SDG8, 14–16. GF presents a fluctuating upward trend, with a significant decline in 2010 and 2019. The CCDs between GF and SDGs and their sub-goals generally show an M-shaped upward trend in most regions, with most of them experiencing a synchronous decline in 2011–2012 and 2019. In the analysis of regional heterogeneity, the eastern region performs better in SDG8–9, the central region performs better in SDG3, 14–15, while the western region performs better in SDG7. This paper provides empirical evidence for a further in-depth understanding of the relationship between GF and SDGs, which can contribute to advancing GF development and the SDG process. [ABSTRACT FROM AUTHOR]
- Published
- 2024
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