RETRACTED ARTICLE: The role of green financing to enhance tourism growth by mitigating carbon emission in China

Abstract

The tourism industry has undergone rapid inquiry in modern times. Based on climatic importance, current research intends to inquire about the role of green financing in enhancing tourism growth by mitigating carbon emissions in China. The study used Data Envelopment Analysis to infer the efficiency of the study model in the study context based on research topicality. Our findings highlighted that China’s local tourism destination, renowned for its health and wellness tourism, indicated tourist inspiration to visit climate-supporting visit stations. Study results extended that using green financing for climate change mitigation in a Chinese tourist destination is essential. Empirical results confirmed that green funding directly mitigated climate change and enhanced tourism growth in Chinese settings by solving related issues. On such findings, the study yielded the practical implications for green financing institutions, climate change policymakers and Chinese officials for tourism development.

Bibliometrics Analysis of Green Financing Research

“…Concurrently, other scholars have delved into the global and local concerns intersecting with green financing. The landscape of sustainable finance increasingly takes into account both global and localized issues, spanning from climate change [25][26][27] to renewable energy [3,5,28], and the broader global economic panorama [20,29,30]. These investigations aim to bridge the gap between sustainable finance and tangible solutions for the complex interplay of global economic and environmental challenges.…”

Urban professionals’ restorative tourism: exploring the role of perceived environmental restorativeness, push and pull motivations and destination attributes on tourism expectations

“…In particular, after the COVID-19 pandemic, urban professionals have begun to seek a slow and healthy lifestyle ( Chi and Han, 2020 ), with growing tourism demands for weekend getaways and temporary relaxation in rural retreats ( Demirovic et al, 2019 ). Urban professionals’ demand for restorative sites has generated a tremendous market, attracting urban planners and tourism bureaus to provide health and wellness services on greenery sites to attract customers ( Xu and Wang, 2023 ).…”