Green Finance,Carbon Emission Constraints and Energy Technology Innovation
Energy technology innovation plays a vital role in achieving global long-term sustainable development and meeting the"dual carbon"goals.To empirically analyze the impact and mechanism of green finance on energy technology innovation,this article utilized panel data from 30 provinces spanning from 2010 to 2019.This study employed both a fixed-effect model and a moderating effect model.The results show that:(1)Green finance significantly enhances technological innovation in the energy sector.The synergistic and complementary effects between green finance and carbon emission constraints also positively influence energy technology innovation,and the conclusion is still valid after multiple robustness tests.(2)Mechanism analysis reveals that capital deepening negatively moderates the influence of green finance on energy technology innovation,thereby weakening its positive impact.(3)The results of heterogeneity analysis indicate significant regional variations in the impact of green finance on energy technology innovation.Green finance has a more substantial promoting effect in the central and western regions compared to the eastern regions.This research offers both theoretical foundations and empirical evidence to enhance the influence of green finance on energy technology innovation,providing valuable insights for green finance to better support the transformation and development of the energy sector.
green financecarbon emission constraintscapital deepeningenergy technology innovation
NETL
NSTL
万方数据
