Related Experiment Video
Updated: Aug 25, 2025

05:18
Measuring Carbon Content in Airway Macrophages Exposed to Carbon-Containing Particulate Matters
Published on: July 12, 2024
381
Would Financial Development Help China Achieve Carbon Peak Emissions?
Ping Ji1, Weidong Huo1,2, Lan Bo3
1International Business School, Southwestern University of Finance and Economics, Chengdu 611130, China.
International Journal of Environmental Research and Public Health
|October 14, 2022
Summary
Financial development significantly lowers carbon intensity in China, especially in central regions. Industrial upgrading and technological innovation act as key mediators, highlighting the need for coordinated green economic strategies.
Area of Science:
- Environmental Economics
- Financial Economics
- Regional Economics
Background:
- China aims for carbon peak before 2030, necessitating green economic development.
- Financial development is crucial for achieving carbon peak goals and fostering a sustainable economy.
Purpose of the Study:
- To investigate the impact of financial development on carbon intensity in China.
- To analyze the mediating roles of industrial upgrading and technological innovation.
- To explore spatial spillover effects of carbon intensity and financial development.
Main Methods:
- Constructed a financial development index using the entropy method.
- Employed a spatial lag panel data model for empirical analysis (2006-2019, 30 provinces).
- Investigated mediating effects of industrial upgrading and technological innovation.
Main Results:
- Carbon intensity exhibits significant spatial spillover effects across Chinese provinces.
- Financial development substantially reduces carbon intensity, with greater impact in central China.
- Industrial upgrading and technological innovation mediate this reduction and show positive spatial spillovers.
Conclusions:
- Financial development is a key driver for reducing carbon intensity in China.
- Inter-regional cooperation in financial development, industrial upgrading, and technological innovation is vital for low-carbon targets.
- Findings offer practical insights for China and global reference for other nations.
Related Concept Videos
The Carbon Cycle
39.3K
Carbon is the basis of all organic matter on Earth, and is recycled through the ecosystem in two primary processes: one in which carbon is exchanged among living organisms, and one in which carbon is cycled over long periods of time through fossilized organic remains, weathering of rocks, and volcanic activity. Human activities, including increased agricultural practices and the burning of fossil fuels, has greatly affected the balance of the natural carbon cycle.
39.3K
Global Climate Change
24.7K
Throughout its ~4.5 billion year history, the Earth has experienced periods of warming and cooling. However, the current drastic increase in global temperatures is well outside of the Earth’s cyclic norms, and evidence for human-caused global climate change is compelling. Paleoclimatology, the study of ancient climate conditions, provides ample evidence for human-caused global climate change by comparing recent conditions with those in the past.
24.7K
Sustainable Development
13.5K
As the human population continues to grow and use resources, we must be mindful of our planet’s natural limits. Sustainable development provides a pathway to maintain and improve human life now while also ensuring that future generations will have the resources that they need. The long-term success of sustainability efforts rests on understanding the interplay between human actions and ecological systems.
13.5K
Phase Diagrams
42.7K
A phase diagram combines plots of pressure versus temperature for the liquid-gas, solid-liquid, and solid-gas phase-transition equilibria of a substance. These diagrams indicate the physical states that exist under specific conditions of pressure and temperature and also provide the pressure dependence of the phase-transition temperatures (melting points, sublimation points, boiling points). Regions or areas labeled solid, liquid, and gas represent single phases, while lines or curves represent...
42.7K
What is Climate?
18.8K
Climate refers to the prevailing weather conditions in a specific area over an extended period. As the saying goes, “Climate is what you expect. Weather is what you get.” Climate is influenced by geographic factors, such as latitude, terrain, and proximity to bodies of water.
18.8K

