The Role of Green Finance in Environmental Protection: Two Aspects of Market Mechanism and Policies

Wang, Yao; Zhi, Qiang

doi:10.1016/j.egypro.2016.12.053

Cited by 424 publications

(203 citation statements)

References 2 publications

Supporting

Mentioning

160

Contrasting

Unclassified

Order By: Relevance

“…Finance is defined as economic activities including currency issuance, loans, deposits, exchange transactions, circulation of securities, trust, domestic and international currency payment, and settlement [15][16][17]. Air environment refers to the functions of the atmosphere that provides stable ecological services for human activities [18] and reflects the status of the ecological environment and the effects of human activities.…”

Section: Literature Reviewmentioning

confidence: 99%

Measurement and Prediction: Coupling Coordination of Finance and Air Environment

Geng

Tan

2020

Discrete Dynamics in Nature and Society

View full text Add to dashboard Cite

This study finds that the comprehensive development degree (CDD) of the finance subsystem is less fluctuated than that of the air environment subsystem, and both subsystems share similarities in spatial distributions. The coupling coordination degrees (CCD) keep fluctuating with varied development directions and extents in different regions; besides, the eastern regions are higher than the western ones for the coupling coordination degrees. In the next years, the coordination degrees of the regions will have different tendencies: despite of the former fluctuation trends, regions in the coordination range will have upward trends, while those in the transition range will be likely to decline. The results are useful in proposing corresponding measures to promote the coordination development between finance and air environment.

show abstract

Section: Literature Reviewmentioning

confidence: 99%

Measurement and Prediction: Coupling Coordination of Finance and Air Environment

Geng

Tan

2020

Discrete Dynamics in Nature and Society

View full text Add to dashboard Cite

show abstract

“…On the other hand, an environmental tax is levied to provide funds for subsequent environmental governance. As we all know, energy saving and emission reduction is a long-term environmental protection task with large capital demand [11,13,53] and high technical requirements, which requires a lot of manpower, materials, and financial resources. Developed countries, such as the United States and Australia, use environmental tax revenue to set up special environmental protection funds.…”

Section: Hypothesismentioning

confidence: 99%

Can Environmental Tax Policy Really Help to Reduce Pollutant Emissions? An Empirical Study of a Panel ARDL Model Based on OECD Countries and China

Ning

et al. 2019

Sustainability

View full text Add to dashboard Cite

Under the background that environmental tax has increasingly become the main means of environmental governance in various countries, it is particularly important to study the effect of environmental tax on reducing pollutants and then put forward suggestions for building a scientific and rational environmental tax system. The novelty of this paper is the investigation of the pollutant emission reduction effects of environmental taxes in Organization for Economic Cooperation and Development (OECD) countries and Chinese provinces at the same time, and further comparison of the pollutant emission reduction effects of environmental taxes in OECD and China under different environmental tax collection scales, industrial added value levels, and economic development conditions based on Auto-Regressive Distributed Lag Modelling Approach (ARDL). The data are derived from environmental taxes and pollutants of OECD countries from 1994 to 2016 and Chinese provinces from 2004 to 2016. The results show that from the overall regression results, environmental taxes really help to reduce pollutant emissions, both in OECD countries and China. From the grouping regression results, the OECD countries and Chinese inland provinces with small-scale or medium-level of environmental tax revenue and higher level of economic growth all show better emission reduction effects, while OECD countries with low industrial added value and Chinese inland provinces with high industrial added value have more significant effects on pollutant emission reduction via environmental taxes.

show abstract

“…These new administrative reforms for greater accountability are no longer enough just to report compliance with the rules, but the allocation and use of resources are also of special interest [53,54]. In this regard, the use of funds in activities to protect the environment in which the organization carries out its mission has been gaining strength [55,56]. These types of operations, called "green finance", strengthen the reputation of the organization and improves legitimacy vis-à-vis all affected stakeholders [57,58].…”

Section: Non-financial Information As a Necessary Way For Transparencmentioning

confidence: 99%

Non-Financial Information versus Financial as a Key to the Stakeholder Engagement: A Higher Education Perspective

et al. 2019

View full text Add to dashboard Cite

In light of the increased demand for greater accountability and legitimacy, new disclosure mechanisms based on non-financial transparency have emerged. Universities cannot be left behind with respect to these social demands. In addition, continuous competition in excellence is driving higher education organizations to exhibit a greater visibility of their results, necessarily incorporating more non-financial aspects to boost stakeholder engagement. The novelty of this work lies in the analysis of the real state of non-financial vs. financial information in both public and private universities and in the exploration of their influence on stakeholder online engagement. To this end, a content analysis of the universities’ web pages and Facebook profiles was conducted, and a multivariable linear regression analysis was performed. The main results show that private and larger universities that lead Webometrics for Google Scholar Citations, and those that have gradually been adopting financial reporting, are the most interested in implementing Facebook as a two-way communication strategy. It seems that stakeholders react more to financial transparency and, therefore, universities still prefer financial disclosure to improve accountability.

show abstract

The Role of Green Finance in Environmental Protection: Two Aspects of Market Mechanism and Policies

Cited by 424 publications

References 2 publications

Measurement and Prediction: Coupling Coordination of Finance and Air Environment

Measurement and Prediction: Coupling Coordination of Finance and Air Environment

Can Environmental Tax Policy Really Help to Reduce Pollutant Emissions? An Empirical Study of a Panel ARDL Model Based on OECD Countries and China

Non-Financial Information versus Financial as a Key to the Stakeholder Engagement: A Higher Education Perspective

Contact Info

Product

Resources

About