4.7 Article

The impact of green digital finance on energy resources and climate change mitigation in carbon neutrality: Case of 60 economies

Journal

RESOURCES POLICY
Volume 79, Issue -, Pages -

Publisher

ELSEVIER SCI LTD
DOI: 10.1016/j.resourpol.2022.103116

Keywords

Digital finance; Green finance; Climate change mitigation; CO2 emission; Energy resources

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The study demonstrates that digital finance plays a crucial role in the development of renewable energy projects and reduction of CO2 emissions, and provides practical policy recommendations.
Renewable energy projects have difficulties accessing finance, and digital finance can help fill the green finance gap. This study uses panel data from 60 emerging and non-emerging economies collected between 2010 and 2020 by employing pooled mean group method to show how green digital finance affects climate change mitigation from a resource-constraint viewpoint. The findings demonstrate that advocating for digitally accessible green finance helps to develop green and renewable energy resources and reduce CO2 emissions. The study provides practical policy recommendations.

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