Can green financial development promote regional ecological efficiency? A case study of China

By Rongyan Liu, Deqing Wang, Li Zhang, Lihong Zhang. Natural Hazards, 2018

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Examining the Coordination Between Green Finance and Green Economy Aiming for Sustainable Development: A Case Study of China (2020, background): “Specifically, regarding the index of green credit, due to the limited disclosure of provincial green credit information by financial institutions, the proportion of interest expenses of high-energyconsumption industries (X1) was introduced as a reverse indicator with reference to [19].”
A review of studies on green finance of banks, research gaps and future directions (2021, background): “Green finance reached a crescendo of importance during the eleventh meeting of the G-20 nations in Hangzhou, China in 2016 (Liu et al. 2019; Schäfer 2018) where it was widely publicised and discussed.”