Spatial Effects of Green Credit on Air Quality: An Empirical Test Based on the Dual Carbon Perspective

Based on balanced panel data from 30 provinces and cities (excluding Hong Kong, Macao, Taiwan, the Tibet Autonomous Region) 2016 to 2020, this article empirically analyses spatial effect of green credit (GD) air quality index (AQI) regulatory mechanism between them explores differences in impact GD AQI by dividing China into regions terms geographical distribution, financial development level, level. The empirical results found that depends significant characteristics. has a inverted U-shaped is currently at stage suppressing quality. more remarkable eastern region, areas with poor development, entered promoting levels regions, good development. Environmental regulation negative moderating relationship AQI, which less pronounced poorly better