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Economic Change and Restructuring

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09.12.2022

Assessing the impact of green energy and finance on environmental performance in China and Japan

verfasst von: Abdulrasheed Zakari, Bahareh Oryani, Rafael Alvarado, Kadir Mumini

Erschienen in: Economic Change and Restructuring | Ausgabe 2/2023

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Abstract

China and Japan have enjoyed significant economic boosts due to technological progress. However, these are accompanied by serious environmental pollution, which has brought China and Japan’s commitments to climate treaties into question. Therefore, this study attempts to contribute to the literature on green finance, energy, and the environmental sustainability nexus. We investigate the role of green finance and energy in the environmental performance of Asia (China and Japan) between 2010 and 2020. The empirical results show that green finance promotes environmental sustainability, suggesting that green finance reduces environmental pollution. Similarly, green energy positively affects environmental performance; this validates the theory that green energy technology is environmentally friendly. Therefore, we recommend promoting the green energy system through subsidies and grants.

Vorheriger Artikel Semi-endogenous growth in a non-Walrasian DSEM for Brazil: estimation and simulation of changes in foreign income, human capital, R&D, and terms of trade

Nächster Artikel The arbitrage strategy in the crude oil futures market of shanghai international energy exchange

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Titel: Assessing the impact of green energy and finance on environmental performance in China and Japan
verfasst von: Abdulrasheed Zakari
Bahareh Oryani
Rafael Alvarado
Kadir Mumini
Publikationsdatum: 09.12.2022
Verlag: Springer US
Erschienen in: Economic Change and Restructuring / Ausgabe 2/2023
Print ISSN: 1573-9414
Elektronische ISSN: 1574-0277
DOI: https://doi.org/10.1007/s10644-022-09469-2

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