Game analysis of green finance assisting enterprises in carbon reduction under the participation of four parties.

ABSTRACT: Green finance is an important measure to promote industries' green and low-carbon development, which is of great significance for achieving high-quality economic development. This article constructs a four-party evolutionary game model of "government regulatory departments, banks, non-bank financial institutions, and high-carbon enterprises," exploring the strategic choices and evolutionary trends of the four parties in the process of green finance and promoting the green development of high-carbon enterprises. Research has shown that: (1) Government regulatory agencies should establish a sound reward and punishment mechanism. Increasing subsidies and punishment will promote the system to evolve to an ideal stable state. Still, there is a threshold for reward and punishment intensity, and

SUBMITTER: Wang J 

PROVIDER: S-EPMC12434104 | biostudies-literature | 2025

REPOSITORIES: biostudies-literature