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Green finance is a novel financial model that strikes a balance between economic gains and environmental preservation, and it is crucial in encouraging industrial companies to move towards environmentally friendly development. This paper examines the impact of green finance on the green transformation of industrial enterprises using the data of China's A-share listed industrial enterprises from 2009 to 2019. The study adopts a propensity score matching method and a difference-in-difference method (PSM-DID), based on the Green Credit Guidance (2012 Guidance) issued by China as a quasi natural experiment. The results suggest that: (1) Green finance contributes significantly to improving the green production efficiency of industrial enterprises. (2) Although the current impact of green finance on the green innovation of industrial enterprises is not statistically significant, it exhibits a positive influence in the subsequent period. (3) The results of the heterogeneity analysis show that the impact of green finance on the green transformation of industrial enterprises is asymmetric, with more emphasis on state-owned enterprises, enterprises with severe financial constraints, and enterprises with low industrial concentration. As a result, our study makes recommendations on how to best link CSR, green finance, and industrial green transformation. • We investigate the impact of green finance on green transformation of industrial enterprises. • Using the data of China's A-share listed industrial enterprises from 2009 to 2019. • The results suggest that green finance significantly improves industrial green production efficiency. • Our study makes recommendations on how to best link CSR, green finance, and industrial green transformation. [ABSTRACT FROM AUTHOR]

As a result of the COVID-19 epidemic, a worldwide economic slump has reduced the depletion of natural resources, lowering their costs. The loss of renewable energy profitability might hinder the attainment of specified goals of sustainable development goals. By using Chinese provinces data from 1995 to 2020, this research examined the relationships between renewable energy investment (REI), green finance (GFI), growth of the economy (GDP), renewable energy production (REP), and private sector participation (PSP) in China. According to this analysis, REI, REP, and GFI are more variable throughout the given period than GDP. And PSP. A bidirectional substantial causal correlation between REI and REP was identified using the Generalized method of moments (GMM). Still, the regression coefficient between GDP and REI and REI. and GFI has a one-way causal relationship. There was no evidence that the PSP directly impacted the REI. Based on the empirical findings of this research, we propose that policies be designed to reduce volatility in REI GFI, and REP and increase support to improve sustainable economic development and environmental and renewable energy production. Examine between green financing and environmental conservation for long-term environmental quality. • There is a dire need to measure the examined the relationships between renewable energy investment (REI), green finance (GFi). • Bidirectional substantial causal correlation between REI and REP was identified using the Generalized method of moments (GMM). • There was no evidence that the PSP had a direct impact on the REI. • This paper improve sustainable economic development as well as environmental and renewable energy production. [ABSTRACT FROM AUTHOR]

Corporate environmental information disclosure systems are important for controlling pollution caused by corporate activities. However, different motives associated with environmental information disclosure have different influences on the financing of companies. This paper adopts renewable energy companies instead of high pollution industries as a research object. The study analyzes the resource-dependent disclosure motivation of renewable energy companies, and the impact of environmental information disclosure on the scale and cost of direct and indirect financing. The results show the following. First, renewable energy companies in China have a resource-dependent motivation to disclose environmental information, with a gap between the level of environmental information disclosure and their actual environmental performance. Second, renewable energy companies may obtain more direct financing amount and lower indirect financing costs, but cannot obtain lower direct financing costs and more indirect financing amount by improving the level of environmental information disclosure with the resource-dependent motivation. Third, there are differences in the specific incentives for environmental information disclosure among the Eastern, Middle, and Western regions of China. The government needs to standardize the detailed rules and standards of the corporate environmental information disclosure system, and improve the environmental protection awareness and the implementation of green credit in the Western region. [ABSTRACT FROM AUTHOR]

Abstract: This paper analyzed the interactions among China’s economic growth and its energy consumption, air emissions and air environmental protection investment during 2000–2007. Conventional energy and emergy are applied to quantify energy consumption and emissions’ impact, respectively. The five indicators based on money, energy and emergy, including ratio of nonrenewable energy to renewable energy (RNR), energy use per unit GDP (EUPG), environmental cost per unit GDP (ECPG), impact of emissions per unit energy consumption (IEPEC), and environmental benefit per unit environmental protection investment (EBPEI), are presented to depict the relationships among economic growth and energy consumption and impact of air emissions and air environmental protection investment. The results show that energy consumption rapidly rises with China’s fast economic growth; however, energy efficiency and environmental loading intensity from energy consumption are reduced simultaneously but their improvements fall far behind economic growth rate. Impact of air emissions, mainly composed of impact of emissions on human health (especially dust), is slightly decreased. The performance of air environmental protection investment is obviously declined in the study period. Generally speaking, the conflict among economy, energy and air environment protection is slightly mitigated but still acute due to great dependence of China’s economy on fossil energy and inefficient environmental protection measures. Finally, this paper discusses the corresponding issues, and then puts forward some related suggestions. [Copyright &y& Elsevier]

Passive design strategies are important for achieving building sustainability given their proved influences over the building performance in both energy and indoor environmental aspects. The building layout, envelope thermophysics, building geometry and infiltration & air-tightness are major passive architectural parameters to improve the building energy efficiency. In this paper, a comprehensive literature review on simulation-based approaches to optimize passively designed buildings is conducted and corresponding research gaps are identified. Based on existing research methods, modelling experiments on a generic building are conducted to integrate robust variance-based sensitivity analyses with an early-stage design optimization process. Proposed mixed-mode ventilation and lighting dimming control algorithms are applied to the EnergyPlus model to simulate the total lighting and cooling energy demands by incorporating the related design criteria in a local green building assessment scheme. The non-dominated sorting genetic algorithm (NSGA-II) is then coupled with the modelling experiment to obtain the Pareto frontier as well as the final optimum solution. Different settings of NSGA-II are also investigated to improve the computational efficiency without jeopardizing the optimization productivity. Furthermore, the sensitivity of optimum design solutions to external environmental parameters in hot and humid areas are explored. Findings from this study will guide decision-makers through a holistic optimization process to fulfill energy-saving targets in a passively designed green building. [ABSTRACT FROM AUTHOR]

As a clean, renewable energy source with low carbon content, geothermal energy has the advantages of wide resource availability coverage, low environmental impact, low operating costs, and high reliability. For the development and production of more sustainable energy, geothermal energy has become one of the key areas of development in many countries. Geothermal resources are abundant in China and mainly distributed in the eastern region where the energy demand is the highest; therefore, the resources have the advantage of local development and consumption, which can alleviate the mismatch between resource distribution and demand in China's eastern and western regions. However, the development of geothermal energy started relatively late in China and has confronted many difficulties. This paper summarizes the status of geothermal energy in China and analyzes the existing problems with respect to policies and regulations, technological development, financial investment, and environmental protection. Some policy recommendations are put forward for promoting geothermal energy in China. This paper argues that the period of the "13th Five-Year Plan" is the opportunity for geothermal energy development. With the attention increasing, a series of policies to promote the development and utilization of geothermal energy could be introduced, and this resource could experience scaled development in China. • A review of China's geothermal energy reserves and development status is proposed. • Related policies and regulations, development goals and trends of geothermal energy are summarized. • The main problems of geothermal energy development and utilization in China are analyzed. • The policy recommendations aimed to solve the problem are proposed. [ABSTRACT FROM AUTHOR]

Renewable energy is an important factor in achieving a low-carbon economic development path in China. This paper investigates the factors influencing renewable electricity consumption in China. Specifically, the factors that influence the share of renewable electricity in total electricity consumption in China is investigated using data from 1980 to 2011 and employing the Johansen cointegration technique and vector error correction model. The result of the analysis shows that there is a long run relationship between renewable electricity consumption and GDP per capita, trade openness, foreign direct investment, financial development and share of fossil fuel in energy consumption. Economic development and financial development promotes renewable electricity consumption while foreign direct investment, trade openness and the lobby of conventional energy sources undermine the share of renewables in total electricity consumption in China. While the effects of shocks to the other variables appear to die out over time, the “lobby effect” is persistent and explosive. The results also show that there is a uni-directional short run causality from financial development to renewable electricity consumption and from renewable electricity consumption to trade openness. The Chinese government should pursue policies that not only increase the amount of renewable electricity, but also increase the share of renewables in total electricity consumption. [ABSTRACT FROM AUTHOR]

Abstract: The rapid growth of Chinese economy has tremend-ously stimulated the expansion of energy consumption. The structure of energy consumption in China is featured with the coal domination. Air pollution is becoming increasingly severe and causes enormous economic losses. As a result, we are confronted with the extremely arduous task to balance energy consumption and environmental protection. In order to avoid the situation that its rampant environmental pollution problem will worsen before it gets better, Chinese government has put high emphasis on the problem. The efforts made by Chinese government, including energy consumption structure improve-ment and control measures to air pollution, have been introduced and discussed in this paper. China possesses very abundant renewable energies such as wind, solar, geothermal and tidal. Applications of renewable energies, especially solar energy, can coordinate and improve the relationship between energy consumption and environmental protection. Therefore, Chinese government should make more efforts to set up priority of development for renewable energies. [Copyright &y& Elsevier]

Abstract: Renewable energy resources have a positive effect on energy supply security as well as environmental protection. By analyzing the situation of the world and China''s solar industry, the paper indicates there is of great potential in China''s solar industry. However, there are capital, technology, market and policy obstacles in the development of solar industry. So we need not only the regulation of the market, but also the support of government policy, particularly economic incentives to promote solar industry in China. [Copyright &y& Elsevier]

Abstract: With the largest population living in rural areas, the lack of clean energy supply is an important problem in China, and the utilization of renewable energy not only meets the demand of energy, but also provides a basis for environmental protection and sustainable development. This paper reviews use of clean energy in a resource-rich region, including the basic principle of the development of recycling agriculture, the potential, the present status and the future of renewable energy in the region rural areas. If the project will be finished, there will be 300,000 families benefiting from it and it can bring at least 2.2×108 US dollars revenue increase directly, the indirect revenue increase will be 0.15billion US dollars, the environment will be improved and the living standard in Jincheng''s rural areas is also be greatly improved because of developing biogas project. Based on the developing status and constraint conditions, the solutions to further promote renewable energy projects in this region are also proposed. [Copyright &y& Elsevier]