Research Article
Empirical Analysis of the Impact of Green Finance Development on the Development of New Energy Industry under the Background of Double Carbon
@INPROCEEDINGS{10.4108/eai.9-12-2022.2327668, author={Siyun Wang and Jingyi Sun}, title={Empirical Analysis of the Impact of Green Finance Development on the Development of New Energy Industry under the Background of Double Carbon}, proceedings={Proceedings of the 4th Management Science Informatization and Economic Innovation Development Conference, MSIEID 2022, December 9-11, 2022, Chongqing, China}, publisher={EAI}, proceedings_a={MSIEID}, year={2023}, month={3}, keywords={carbon neutral carbon peak green finance new energy industry}, doi={10.4108/eai.9-12-2022.2327668} }- Siyun Wang
Jingyi Sun
Year: 2023
Empirical Analysis of the Impact of Green Finance Development on the Development of New Energy Industry under the Background of Double Carbon
MSIEID
EAI
DOI: 10.4108/eai.9-12-2022.2327668
Abstract
High carbon dioxide emissions and the imminent depletion of primary energy are urgent problems to be solved. In order to improve global climate warming and air quality, China formally put forward the carbon neutrality target in September 2020, and the development of green finance has played a decisive role in realizing this target. In addition, the new en-ergy sector is dedicated to energy transformation and lowering carbon dioxide emissions, both of which are essential steps in the attainment of carbon neutrality. The purpose of this study is to examine the relationship between green finance and the expansion of the new energy sector from the perspective of the three primary effects of green finance on the new energy sector using SPSS software and a regression model. The conclusion shows that green finance has a significant role in promoting the development of new energy industry.