Does Green Finance Improve Industrial Energy Efficiency? Empirical Evidence from China
Linmei Cai,
Jinsuo Zhang
Abstract:Improving industrial energy efficiency (IEE) is crucial for reducing CO2 emissions. Green finance (GF) provides an essential economic instrument for investment in IEE improvement. However, previous studies have not reached a consensus on whether GF can promote energy efficiency. In addition, more research is needed in the industrial sector. Therefore, this study focused on the industrial level to investigate GF’s impact on IEE and its heterogeneity using a two-way fixed effects model. The moderating effect, th… Show more
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