Impact of Green Credit on Industrial Carbon Emissions in Guangxi

DOI

10.2991/978-94-6463-459-4_20How to use a DOI?

Keywords

Carbon Emission; Green credit; VAR Model

Abstract

Since the “double carbon” goal was proposed, a series of deployments have been made at the national level to accelerate the development of green finance in order to realize the path of carbon peak and carbon neutrality. In the green financial system, green credit is a very important form of finance. This study measures the industrial carbon emissions and the level of green credit in Guangxi Zhuang Autonomous Region and utilizes the VAR model to test between the two. The study finds that: when the level of green credit is low in the early stage, green credit has an inhibitory effect on the development of green and low-carbon technology of enterprises, and after the level of green credit develops to a certain degree, it significantly reduces the intensity of carbon emissions of high-energy-consuming industrial sectors.

Copyright

© 2024 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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TY  - CONF
AU  - Cuiying Pan
AU  - Yili Cheng
PY  - 2024
DA  - 2024/07/23
TI  - Impact of Green Credit on Industrial Carbon Emissions in Guangxi
BT  - Proceedings of the 2024 9th International Conference on Social Sciences and Economic Development (ICSSED 2024)
PB  - Atlantis Press
SP  - 162
EP  - 169
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-459-4_20
DO  - 10.2991/978-94-6463-459-4_20
ID  - Pan2024
ER  -