Proceedings of the International Workshop on Navigating the Digital Business Frontier for Sustainable Financial Innovation (ICDEBA 2024)

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Impact of Fintech on the Development of Carbon Finance

Authors
Zefang Liu1, *
1Institute of Mathematics, Nanjing Audit University, 211815, Nanjing, China
*Corresponding author. Email: 233080112@alu.nau.edu.cn
Corresponding Author
Zefang Liu
Available Online 24 February 2025.
DOI
10.2991/978-94-6463-652-9_81How to use a DOI?
Keywords
Financial technology; Carbon market; Financial products; Big data
Abstract

The development of the world needs the promotion of science and technology, in the face of global environmental and climate problems, the development of carbon finance is even more important, and fintech as a new age tool, it also plays an irreplaceable role. The purpose of this article is objectively analyze the impact of fintech on the development of carbon finance by reviewing several relevant studies. The main body of this paper will describe the positive and negative impacts of fintech on the development of carbon finance. Specifically including blockchain technology, big data analysis, market transaction frequency, market transparency, market stability, data security and other dimensions are summarized. The result of research shows that fintech can play a very significant role in promoting the development of carbon finance in many aspects, such as market transaction frequency, transaction cost and innovation of carbon financial products. Fintech will negatively impact the stability, data security, balanced development, and other aspects of the carbon finance market simultaneously. In this regard, this paper proposes that the positive impact of financial technology on the development of carbon finance should be fully developed and utilized. For negative impacts, the government or market should actively take measures to address them and jointly promote the development of carbon finance and the improvement of the world's environmental climate.

Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the International Workshop on Navigating the Digital Business Frontier for Sustainable Financial Innovation (ICDEBA 2024)
Series
Advances in Economics, Business and Management Research
Publication Date
24 February 2025
ISBN
978-94-6463-652-9
ISSN
2352-5428
DOI
10.2991/978-94-6463-652-9_81How to use a DOI?
Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Zefang Liu
PY  - 2025
DA  - 2025/02/24
TI  - Impact of Fintech on the Development of Carbon Finance
BT  - Proceedings of the International Workshop on Navigating the Digital Business Frontier for Sustainable Financial Innovation (ICDEBA 2024)
PB  - Atlantis Press
SP  - 768
EP  - 773
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-652-9_81
DO  - 10.2991/978-94-6463-652-9_81
ID  - Liu2025
ER  -