Finance is quite important for low-carbon economy,and improving the level of financial innova-tion has become one of the key ways to reduce carbon emission and accelerate the process of carbon neutrality.Based on the panel data of Wenzhou,this paper calculates the total amount of carbon sink and carbon emission,evaluates the gap between the current status and carbon neutrality,constructs a financial innovation evalu-ation index system and summarizes the regional characteristics,then studies the nonlinear relationship be-tween financial innovation and carbon emission with threshold model.The empirical results show that finan-cial innovation can significantly reduce carbon emission and this effect will be greatly enhanced with the improvement of advanced industrial structure.Besides,economic growth and opening-up increase regional carbon emission,while the upgrading of industrial structure and population size can reduce carbon emission.
关键词
碳中和/金融创新/碳排放/面板门槛模型
Key words
Carbon Neutrality/Financial Innovation/Carbon Emission/Panel Threshold Model