Digital finance and renewable energy consumption: evidence from China

نویسندگان

چکیده

Abstract While digital finance and renewable energy consumption (REC) are two timely issues, it remains unclear whether the former affects latter, especially in developing economies. This paper examines impact of on China’s REC between 2011 2018 explores underlying mechanisms. Results show that finance, along with its coverage breadth usage depth, significantly improved China area credit has had most significant impact. Additionally, results loan scale income level main mediation variables, through which REC. The findings also suggest economic growth technological progress have increased China, while carbon dioxide emissions no meaningful effect this consumption. further indicate policymakers must pay close attention to role when formulating policies To promote environmental sustainability, economies like should strengthen depth development, focus influence channels progress.

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ژورنال

عنوان ژورنال: Financial Innovation

سال: 2022

ISSN: ['2199-4730']

DOI: https://doi.org/10.1186/s40854-022-00362-5