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

By Yao Wang, Qiang Zhi. 2016

581 citations recorded by the source corpus.

Abstract Green finance is a new financial pattern to integrate environmental protection with economic profits, emphasizing “green” and “finance”, two of which are controversial issues. This paper probes into the status quo of green finance in the field of renewable energy and finds out some inadequacies. We devote attention to development of market mechanism and formulation of policies. By revealing the internal contradictions between green finance and environmental protection, we propose solutions intrinsically for better achievement of ecological balance.

Subfields: Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/c3602384e129523e578c79aa667e1c636fb973b2

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Economics and Econometrics

1. Xiaoguang Zhou
2. Yadi Cui
3. Yifeng Wang
4. Bufang Zhang
5. Syed Shah Alam

In Finance

1. Yufei Xia
2. Xiaoguang Zhou
3. Yadi Cui
4. Yifeng Wang
5. Chuanzhe Liu
6. Bufang Zhang
7. Nana Liu

Citations in the corpus

• The Measurement of Green Finance Development Index and Its Poverty Reduction Effect: Dynamic Panel Analysis Based on Improved Entropy Method (2020, background): “Many scholars did many research studies in green development and green finance [6–9], such as Csete and Horváth (2012), Edward (2013), Wang and Zhi (2016), and Xiong and Qi (2018).”
• The Effect of Green Finance on Energy Sustainable Development: A Case Study in China (2019, background): “Wang and Zhi (2016) discussed the status quo of green finance in the field of renewable energy and found some shortcomings.”
• Examining the Coordination Between Green Finance and Green Economy Aiming for Sustainable Development: A Case Study of China (2020, background): “Second, as a new financial pattern combining environmental protection with economic profits, it attaches importance to the controversial issues “green” and “finance” [31].”
• Green Finance Development in Bangladesh: The Role of Private Commercial Banks (PCBs) (2021, background): “Wang, Y.; Zhi, Q.”
• Green Bonds, Corporate Performance, and Corporate Social Responsibility (2019, background): “Wang and Zhi analyzed the relationship between green finance and environmental protection and proposed a scheme that would enable green finance to provide better environmental protection [55].”