Does green credit promote green sustainable development in regional economies?-Empirical evidence from 280 cities in China.

ABSTRACT:

Background

China has been exploring a sustainable development path that harmonizes economic growth and environmental protection, targeting to build a beautiful China. The role of green finance in adjusting the misallocation of financial resources and leading the green sustainable development of the real economy is receiving increasingly more attention. Currently, green credit accounts for more than 90% of the total green finance funding in China and constitutes the most significant component of the green finance matrix. Whether green credit effectively promotes the green and sustainable development of the regional economy largely determines the success of China's economic green transformation.

Objective

Existing studies of green credit mainly focus on its influences on finan

SUBMITTER: Bao J 

PROVIDER: S-EPMC9648747 | biostudies-literature | 2022

REPOSITORIES: biostudies-literature