The criticality of environmental sustainability in agriculture: The decarbonization role of green finance in China

  • 0School of Economics, Southwest University of Political Science and Law, Chongqing, 401120, China.

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Summary

This summary is machine-generated.

Green finance effectively reduces agricultural carbon emissions (ACE) in China. Digital infrastructure and green technological innovation play key mediating roles in this process, supporting sustainable agriculture.

Area Of Science

  • Environmental Economics
  • Agricultural Science
  • Sustainable Development

Background

  • Agricultural pollution is a significant concern for developing nations.
  • Green finance is crucial for transitioning agriculture away from carbon-intensive practices.
  • Globalization necessitates innovative financial solutions for agricultural sustainability.

Purpose Of The Study

  • To investigate the impact of green finance (GF) on agricultural carbon emissions (ACE).
  • To analyze the mediating roles of digital infrastructure (DI) and green technological innovation (GTI).
  • To provide policy recommendations for China's agricultural sector.

Main Methods

  • Utilized data from 207 Chinese cities spanning 2006-2022.
  • Employed a fixed-effect model to analyze the relationship between green finance and agricultural carbon emissions.
  • Incorporated digital infrastructure and green technological innovation as mediating variables.

Main Results

  • Green finance was found to significantly inhibit agricultural carbon emissions.
  • The inhibitory effect of green finance was more pronounced in China's western regions.
  • Digital infrastructure and green technological innovation demonstrated a significant mediating effect.

Conclusions

  • Green finance is an effective tool for mitigating agricultural carbon emissions in China.
  • Enhancing digital infrastructure and green technological innovation is vital for maximizing green finance's impact.
  • Policy support for green finance is recommended to foster agricultural green transformation and achieve sustainable development goals.

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