Can Green Finance Policy Achieve Collaborative Governance of Air Pollution? Evidence from Prefecture-Level Cities in China
文献类型：期刊论文
| 作者 | Chen, Li2,3; Li, Fujia2; Zhang, Haonan1; Cheng, Hao2 |
| 刊名 | SUSTAINABILITY
 |
| 出版日期 | 2025-08-18 |
| 卷号 | 17期号:16页码:7460 |
| 关键词 | green finance policy air pollution resource allocation green innovation quasi-natural experiment |
| DOI | 10.3390/su17167460 |
| 产权排序 | 1 |
| 文献子类 | Article |
| 英文摘要 | Green finance policy represents a critical market-oriented instrument that channels financial resources toward environmentally sustainable development. This study employs the difference-in-differences (DID) model to empirically analyze the panel data of 276 cities in China spanning 2011 to 2020, using China's 2017 green finance policy as a quasi-natural experiment. The results demonstrate that after passing a series of robustness tests, green finance policy can effectively alleviate air pollution. In addition, the mechanism test shows that green finance policy can significantly reduce air pollution through the resource allocation effect and green innovation effect. According to heterogeneity analysis, the effects of policy are more noticeable in Western cities, resource-based cities, and cities with higher levels of financial development. These findings provide scientific support for the policy pathways through which green finance facilitates coordinated pollution reduction and high-quality development, offering valuable insights for developing countries in advancing sustainable urban governance. |
| URL标识 | 查看原文 |
| WOS关键词 | ENERGY |
| WOS研究方向 | Science & Technology - Other Topics ; Environmental Sciences & Ecology |
| 语种 | 英语 |
| WOS记录号 | WOS:001558324700001 |
| 出版者 | MDPI |
| 源URL | [http://ir.igsnrr.ac.cn/handle/311030/216107]  |
| 专题 | 资源利用与环境修复重点实验室_外文论文 |
| 通讯作者 | Li, Fujia; Cheng, Hao |
| 作者单位 | 1.Univ Int Business & Econ, China Sch Banking & Finance, Beijing 100029, Peoples R China 2.Chinese Acad Sci, Inst Geog Sci & Nat Resources Res, CAS, Beijing 100101, Peoples R China; 3.Univ Chinese Acad Sci, Coll Resource & Environm, Beijing 100049, Peoples R China; |
| 推荐引用方式 GB/T 7714 | Chen, Li,Li, Fujia,Zhang, Haonan,et al. Can Green Finance Policy Achieve Collaborative Governance of Air Pollution? Evidence from Prefecture-Level Cities in China[J]. SUSTAINABILITY,2025,17(16):7460. |
| APA | Chen, Li,Li, Fujia,Zhang, Haonan,&Cheng, Hao.(2025).Can Green Finance Policy Achieve Collaborative Governance of Air Pollution? Evidence from Prefecture-Level Cities in China.SUSTAINABILITY,17(16),7460. |
| MLA | Chen, Li,et al."Can Green Finance Policy Achieve Collaborative Governance of Air Pollution? Evidence from Prefecture-Level Cities in China".SUSTAINABILITY 17.16(2025):7460. |
入库方式： OAI收割
来源：地理科学与资源研究所
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