Research Article
Impact of Green Credit on Energy Consumption Intensity: Empirical Analysis Based on Inter-provincial Panel Data in China
@INPROCEEDINGS{10.4108/eai.1-9-2023.2338712, author={Qin Liu}, title={Impact of Green Credit on Energy Consumption Intensity: Empirical Analysis Based on Inter-provincial Panel Data in China}, proceedings={Proceedings of the 2nd International Conference on Public Management, Digital Economy and Internet Technology, ICPDI 2023, September 1--3, 2023, Chongqing, China}, publisher={EAI}, proceedings_a={ICPDI}, year={2023}, month={11}, keywords={green credit energy consumption intensity regional heterogeneity}, doi={10.4108/eai.1-9-2023.2338712} }- Qin Liu
Year: 2023
Impact of Green Credit on Energy Consumption Intensity: Empirical Analysis Based on Inter-provincial Panel Data in China
ICPDI
EAI
DOI: 10.4108/eai.1-9-2023.2338712
Abstract
Green credit policy, as one type of social responsibility taken on by financial institutions, is critical in promoting energy saving and emission reduction. To investigate the impact of green credit on energy consumption intensity, this research builds a panel model using data samples from 30 Chinese provinces, cities, and autonomous areas from 2012 to 2020. The findings reveal that green credit policies have a significant inhibitory influence on energy consumption, with the inhibitory effect being more prominent in the eastern and western regions. Local governments and financial institutions should promote the expansion of green credit scale with policy orientation, allocate loan resources rationally, and build a green credit policy system in line with local development laws to give full play to its energy-saving and emission reduction effects.