<abstract xmlns="http://www.w3.org/1999/xhtml">

<p>This study builds a green equilibrium utility model to analyze how green finance affects the transition to a low-carbon economy, with a focus on examining the utility mechanism of green credit financial instruments on regional carbon emissions. Also included are appropriate data and variable indicators for green funding and carbon emission reduction initiatives. Additionally, the empirical study was carried out using the unit root test, co-integration test, optimal lag order and model stability test, and impulse response analysis. The findings indicate that the regional carbon emissions will decrease by around 0.6 units for every unit rise in the level of green financing development. Financial instruments that support green credits have a major beneficial impact on local carbon emissions, helping to accelerate the transition to a low-carbon economy and lower local carbon emissions.</p>
</abstract>

This study builds a green equilibrium utility model to analyze how green finance affects the transition to a low-carbon economy, with a focus on examining the utility mechanism of green credit financial instruments on regional carbon emissions. Also included are appropriate data and variable indicators for green funding and carbon emission reduction initiatives. Additionally, the empirical study was carried out using the unit root test, co-integration test, optimal lag order and model stability test, and impulse response analysis. The findings indicate that the regional carbon emissions will decrease by around 0.6 units for every unit rise in the level of green financing development. Financial instruments that support green credits have a major beneficial impact on local carbon emissions, helping to accelerate the transition to a low-carbon economy and lower local carbon emissions.

Effect analysis of green credit financial products on regional carbon emissions

Applied Mathematics and Nonlinear Sciences

This work is licensed under the Creative Commons Attribution 4.0 International License.

{"article-title":"Effect analysis of green credit financial products on regional carbon emissions"}

This study builds a green equilibrium utility model to analyze how green finance affects the transition to a low-carbon economy, with a focus on examining the...

Effect analysis of green credit financial products on regional carbon emissions

Published Online: Oct 17, 2023

Page range: -

Received: Nov 05, 2022

Accepted: Apr 27, 2023

DOI: https://doi.org/10.2478/amns.2023.2.00661

Keywords
Green credit finance, Regional carbon emissions, Equilibrium utility model, Cointegration test, Lag order

© 2023 Chunmiao Liu, published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

Effect analysis of green credit financial products on regional carbon emissions

Published Online: Oct 17, 2023

Page range: -

Received: Nov 05, 2022

Accepted: Apr 27, 2023

DOI: https://doi.org/10.2478/amns.2023.2.00661

KeywordsGreen credit finance, Regional carbon emissions, Equilibrium utility model, Cointegration test, Lag order

© 2023 Chunmiao Liu, published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

Keywords
Green credit finance, Regional carbon emissions, Equilibrium utility model, Cointegration test, Lag order