Does green finance reduce environmental pollution?-a study based on China's provincial panel data

Wenhai Zhou1,2, Xiaomin Wu3, Deyu Zhou4

  • 1School of Economics, Hebei University, Baoding, 071002, Hebei, China.

Summary

Green finance significantly reduces environmental pollution, with green credit being most effective. This approach also drives green technology innovation and industrial upgrading, crucial for sustainable development.