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Green financing and technological innovation influence on e-commerce industry green environment
Caishuang Hu1, Canghong Wang2, Yibin Luo1
1School of Management, Guangzhou Huashang College, Guangzhou, 511300, China.
Environmental Science and Pollution Research International
|September 15, 2023
Summary
Green financing and technological innovation significantly boost green e-commerce adoption and sustainable production. These factors are crucial for businesses aiming to meet environmental targets and reduce carbon dioxide emissions.
Area of Science:
- Environmental Economics
- Sustainable Business Practices
- E-commerce Technology
Background:
- Businesses globally are adopting green production targets due to environmental concerns.
- Green financing and technological innovation are key drivers for achieving these targets, particularly within e-commerce.
Purpose of the Study:
- To investigate the influence of green financing and technological innovation on green e-commerce.
- To analyze the impact of institutional and technological factors on carbon dioxide (CO2) emissions in South Asia.
Main Methods:
- Qualitative research design using semi-structured interviews with industry experts.
- Second-generation panel methodologies applied to analyze South Asian nations' data (1995-2020).
Main Results:
- Green financing positively impacts green production and technological innovation adoption in e-commerce.
- Switching to renewable energy and implementing green technology reduce CO2 emissions by 0.084% and 0.054%, respectively.
- Poor institutional quality, population growth, trade openness, and economic growth correlate with environmental quality deterioration.
Conclusions:
- Green financing and green technological innovation are essential for achieving green production targets in e-commerce.
- Policy interventions should focus on promoting renewable energy and sustainable technologies to mitigate CO2 emissions and enhance environmental quality.
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