Tracing embodied CO₂ emissions and drivers in China's financial industry under inter-provincial trade.

ABSTRACT: With the establishment of "Dual Carbon" targets and industrial restructuring in China, the transition from the secondary industry to the tertiary industry has facilitated the rapid development of the financial sector. However, the significant CO₂ emissions embodied within inter-provincial trade result in carbon leakage, posing challenges in assigning equitable carbon reduction responsibilities to the financial sectors across the 31 provinces of China. This study establishes a framework for evaluating CO₂ emissions of financial sectors through 134 samples of 60 listed financial enterprises in the 31 provinces, tracking the embodied CO₂ emissions within inter-provincial trade by using a multiregional input-output approach. The results reveal that the total CO

SUBMITTER: Xiao D 

PROVIDER: S-EPMC11577053 | biostudies-literature | 2024 Nov

REPOSITORIES: biostudies-literature