绿色金融政策和新能源系统:信息披露,共享和成本
Chien-Chiang Lee1, Liujun Wang2, Jiangnan Li3
1Faculty of Finance, City University of Macau, Taipa, 999078, Macao SAR, China.
Journal of environmental management
|October 12, 2025
概括
绿色金融政策 (GFP) 对中国的新能源系统 (ES) 有积极的影响. 然而,信息环境,特别是披露,共享和成本,显著减轻了这种影响,影响了政策的有效性.
科学领域:
- 环境经济学环境经济学
- 能源政策 能源政策
- 信息经济学 信息经济学
背景情况:
- 实现"双碳"目标需要能源转型,绿色金融政策 (GFP) 作为关键驱动力.
- 不断变化的信息环境,包括可持续的披露,透明度和数字化转型,起着至关重要的作用.
研究的目的:
- 通过信息透视来研究GFP对新能源系统 (ES) 的影响.
- 分析信息披露,共享和成本对GFP对ES的影响的缓和效应.
- 为推进中国和其他发展中国家的ES提供政策见解.
主要方法:
- 利用中国A股上市公司 (2010-2023) 的数据.
- 使用差异差异 (DID) 方法来评估政策影响.
- 将信息环境分解为披露,共享和细微分析的成本.
主要成果:
- GFP显示对ES产生积极影响.
- 信息披露增强了GFP的影响力,而信息共享和成本有不利影响.
- 政策有效性在具有先进的ES的公司中更高,特别是非国有,大规模,高污染,依赖金融和管理良好的公司.
结论:
- 信息环境显著减轻了GFP对ES的有效性.
- 政策设计应考虑信息的多面性质,以优化能源转型战略.
- 研究结果为发展中国家的政策制定者提供了宝贵的见解,旨在推进其能源系统.
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