Exploring the synergies between digital finance and clean energy: a case study of green bond spillover effects

The impact of digital finance on green bonds and clean energy sources is analyzed. So, the primary objective of this study is to create a unique time-varying causality test to identify the relationship between ecological consciousness and green technology, clean energy, and digital currency. The Chi...

Ausführliche Beschreibung

Gespeichert in:
Bibliographische Detailangaben
Veröffentlicht in:Environmental science and pollution research international 2023-09, Vol.30 (44), p.100188-100202
1. Verfasser: Dai, Zhiguang
Format: Artikel
Sprache:eng
Schlagworte:
Online-Zugang:Volltext
Tags: Tag hinzufügen
Keine Tags, Fügen Sie den ersten Tag hinzu!
container_end_page 100202
container_issue 44
container_start_page 100188
container_title Environmental science and pollution research international
container_volume 30
creator Dai, Zhiguang
description The impact of digital finance on green bonds and clean energy sources is analyzed. So, the primary objective of this study is to create a unique time-varying causality test to identify the relationship between ecological consciousness and green technology, clean energy, and digital currency. The China region was established using data from 2001 to 2019. A dynamic connection model with spillover is employed to further guarantee stability. The empirical findings reveal that the clean energy to digital finance index (30.544%) and the clean energy to green economy index (30.544%) are the sources for the spillover shocks analysis. because the overall dynamic connection of assets throughout time is affected by financial events. For every additional percentage point that renewable energy sources are employed, long-term environmental costs are lowered by 0.68%. And yet, the transition from renewable energy to digital finance has been characterised by increasing instability and causal significance as it has advanced. The organizational environment is shown to have the second-greatest influence on the growth of the green bond market, behind the state of the local economy and environmental governance. Increasing the marketability of clean energy securities requires stable, predictable legislation that improves our knowledge of the risk profile of these investments.
doi_str_mv 10.1007/s11356-023-29205-1
format Article
fullrecord <record><control><sourceid>proquest_cross</sourceid><recordid>TN_cdi_proquest_miscellaneous_2857853786</recordid><sourceformat>XML</sourceformat><sourcesystem>PC</sourcesystem><sourcerecordid>2869392456</sourcerecordid><originalsourceid>FETCH-LOGICAL-c375t-789d3777b2da7ff45abd5d6c65ec1d4c28b0cb90c833f94fd219466f285e6d33</originalsourceid><addsrcrecordid>eNp9kT1P3TAUhq0KxPcf6FBZYmFJ8Udsx2wI0VIJqQu75djHt0G5TrCTwv33OFygiKGTz_C877HOg9BXSr5TQtR5ppQLWRHGK6YZERX9gg6opHWlaq13Psz76DDne0IY0UztoX2uJGeSsQMUr5_GfkhdXOHpD-C8iZBWHWTcwvQIELHvVt1kexy6aKMDbKPHrgcbMSzo5gJb7Gwu0Wn2GzwEvEpLrh0KmMeu74e_kDCEAG7Kx2g32D7Dyet7hO5-XN9d3VS3v3_-urq8rRxXYqpUoz1XSrXMWxVCLWzrhZdOCnDU1441LXGtJq7hPOg6eEZ1LWVgjQDpOT9CZ9vaMQ0PM-TJrLvsoO9thGHOpnCqEVw1sqCnn9D7YU6xfK5QUnPNarFQbEu5NOScIJgxdWubNoYSs8gwWxmmyDAvMgwtoW-v1XO7Bv8eebt-AfgWyONiANK_3f-pfQbdxZVp</addsrcrecordid><sourcetype>Aggregation Database</sourcetype><iscdi>true</iscdi><recordtype>article</recordtype><pqid>2869392456</pqid></control><display><type>article</type><title>Exploring the synergies between digital finance and clean energy: a case study of green bond spillover effects</title><source>MEDLINE</source><source>SpringerNature Complete Journals</source><creator>Dai, Zhiguang</creator><creatorcontrib>Dai, Zhiguang</creatorcontrib><description>The impact of digital finance on green bonds and clean energy sources is analyzed. So, the primary objective of this study is to create a unique time-varying causality test to identify the relationship between ecological consciousness and green technology, clean energy, and digital currency. The China region was established using data from 2001 to 2019. A dynamic connection model with spillover is employed to further guarantee stability. The empirical findings reveal that the clean energy to digital finance index (30.544%) and the clean energy to green economy index (30.544%) are the sources for the spillover shocks analysis. because the overall dynamic connection of assets throughout time is affected by financial events. For every additional percentage point that renewable energy sources are employed, long-term environmental costs are lowered by 0.68%. And yet, the transition from renewable energy to digital finance has been characterised by increasing instability and causal significance as it has advanced. The organizational environment is shown to have the second-greatest influence on the growth of the green bond market, behind the state of the local economy and environmental governance. Increasing the marketability of clean energy securities requires stable, predictable legislation that improves our knowledge of the risk profile of these investments.</description><identifier>ISSN: 1614-7499</identifier><identifier>ISSN: 0944-1344</identifier><identifier>EISSN: 1614-7499</identifier><identifier>DOI: 10.1007/s11356-023-29205-1</identifier><identifier>PMID: 37632622</identifier><language>eng</language><publisher>Berlin/Heidelberg: Springer Berlin Heidelberg</publisher><subject>Alternative energy sources ; Aquatic Pollution ; Atmospheric Protection/Air Quality Control/Air Pollution ; China ; Clean energy ; Clean technology ; Conservation of Natural Resources ; Digital currencies ; Dynamic stability ; Earth and Environmental Science ; Ecological effects ; Economic Development ; Ecotoxicology ; Empirical analysis ; Energy ; Energy resources ; Energy-Generating Resources ; Environment ; Environmental Chemistry ; Environmental governance ; Environmental Health ; Environmental Policy ; Finance ; Green economy ; Investments ; Legislation ; Local economy ; Marketability ; Renewable Energy ; Renewable energy sources ; Renewable resources ; Research Article ; Risk assessment ; Waste Water Technology ; Water Management ; Water Pollution Control</subject><ispartof>Environmental science and pollution research international, 2023-09, Vol.30 (44), p.100188-100202</ispartof><rights>The Author(s), under exclusive licence to Springer-Verlag GmbH Germany, part of Springer Nature 2023. Springer Nature or its licensor (e.g. a society or other partner) holds exclusive rights to this article under a publishing agreement with the author(s) or other rightsholder(s); author self-archiving of the accepted manuscript version of this article is solely governed by the terms of such publishing agreement and applicable law.</rights><rights>2023. The Author(s), under exclusive licence to Springer-Verlag GmbH Germany, part of Springer Nature.</rights><lds50>peer_reviewed</lds50><woscitedreferencessubscribed>false</woscitedreferencessubscribed><citedby>FETCH-LOGICAL-c375t-789d3777b2da7ff45abd5d6c65ec1d4c28b0cb90c833f94fd219466f285e6d33</citedby><cites>FETCH-LOGICAL-c375t-789d3777b2da7ff45abd5d6c65ec1d4c28b0cb90c833f94fd219466f285e6d33</cites></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><linktopdf>$$Uhttps://link.springer.com/content/pdf/10.1007/s11356-023-29205-1$$EPDF$$P50$$Gspringer$$H</linktopdf><linktohtml>$$Uhttps://link.springer.com/10.1007/s11356-023-29205-1$$EHTML$$P50$$Gspringer$$H</linktohtml><link.rule.ids>314,780,784,27924,27925,41488,42557,51319</link.rule.ids><backlink>$$Uhttps://www.ncbi.nlm.nih.gov/pubmed/37632622$$D View this record in MEDLINE/PubMed$$Hfree_for_read</backlink></links><search><creatorcontrib>Dai, Zhiguang</creatorcontrib><title>Exploring the synergies between digital finance and clean energy: a case study of green bond spillover effects</title><title>Environmental science and pollution research international</title><addtitle>Environ Sci Pollut Res</addtitle><addtitle>Environ Sci Pollut Res Int</addtitle><description>The impact of digital finance on green bonds and clean energy sources is analyzed. So, the primary objective of this study is to create a unique time-varying causality test to identify the relationship between ecological consciousness and green technology, clean energy, and digital currency. The China region was established using data from 2001 to 2019. A dynamic connection model with spillover is employed to further guarantee stability. The empirical findings reveal that the clean energy to digital finance index (30.544%) and the clean energy to green economy index (30.544%) are the sources for the spillover shocks analysis. because the overall dynamic connection of assets throughout time is affected by financial events. For every additional percentage point that renewable energy sources are employed, long-term environmental costs are lowered by 0.68%. And yet, the transition from renewable energy to digital finance has been characterised by increasing instability and causal significance as it has advanced. The organizational environment is shown to have the second-greatest influence on the growth of the green bond market, behind the state of the local economy and environmental governance. Increasing the marketability of clean energy securities requires stable, predictable legislation that improves our knowledge of the risk profile of these investments.</description><subject>Alternative energy sources</subject><subject>Aquatic Pollution</subject><subject>Atmospheric Protection/Air Quality Control/Air Pollution</subject><subject>China</subject><subject>Clean energy</subject><subject>Clean technology</subject><subject>Conservation of Natural Resources</subject><subject>Digital currencies</subject><subject>Dynamic stability</subject><subject>Earth and Environmental Science</subject><subject>Ecological effects</subject><subject>Economic Development</subject><subject>Ecotoxicology</subject><subject>Empirical analysis</subject><subject>Energy</subject><subject>Energy resources</subject><subject>Energy-Generating Resources</subject><subject>Environment</subject><subject>Environmental Chemistry</subject><subject>Environmental governance</subject><subject>Environmental Health</subject><subject>Environmental Policy</subject><subject>Finance</subject><subject>Green economy</subject><subject>Investments</subject><subject>Legislation</subject><subject>Local economy</subject><subject>Marketability</subject><subject>Renewable Energy</subject><subject>Renewable energy sources</subject><subject>Renewable resources</subject><subject>Research Article</subject><subject>Risk assessment</subject><subject>Waste Water Technology</subject><subject>Water Management</subject><subject>Water Pollution Control</subject><issn>1614-7499</issn><issn>0944-1344</issn><issn>1614-7499</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>2023</creationdate><recordtype>article</recordtype><sourceid>EIF</sourceid><sourceid>ABUWG</sourceid><sourceid>AFKRA</sourceid><sourceid>AZQEC</sourceid><sourceid>BENPR</sourceid><sourceid>CCPQU</sourceid><sourceid>DWQXO</sourceid><sourceid>GNUQQ</sourceid><recordid>eNp9kT1P3TAUhq0KxPcf6FBZYmFJ8Udsx2wI0VIJqQu75djHt0G5TrCTwv33OFygiKGTz_C877HOg9BXSr5TQtR5ppQLWRHGK6YZERX9gg6opHWlaq13Psz76DDne0IY0UztoX2uJGeSsQMUr5_GfkhdXOHpD-C8iZBWHWTcwvQIELHvVt1kexy6aKMDbKPHrgcbMSzo5gJb7Gwu0Wn2GzwEvEpLrh0KmMeu74e_kDCEAG7Kx2g32D7Dyet7hO5-XN9d3VS3v3_-urq8rRxXYqpUoz1XSrXMWxVCLWzrhZdOCnDU1441LXGtJq7hPOg6eEZ1LWVgjQDpOT9CZ9vaMQ0PM-TJrLvsoO9thGHOpnCqEVw1sqCnn9D7YU6xfK5QUnPNarFQbEu5NOScIJgxdWubNoYSs8gwWxmmyDAvMgwtoW-v1XO7Bv8eebt-AfgWyONiANK_3f-pfQbdxZVp</recordid><startdate>20230901</startdate><enddate>20230901</enddate><creator>Dai, Zhiguang</creator><general>Springer Berlin Heidelberg</general><general>Springer Nature B.V</general><scope>CGR</scope><scope>CUY</scope><scope>CVF</scope><scope>ECM</scope><scope>EIF</scope><scope>NPM</scope><scope>AAYXX</scope><scope>CITATION</scope><scope>3V.</scope><scope>7QL</scope><scope>7SN</scope><scope>7T7</scope><scope>7TV</scope><scope>7U7</scope><scope>7WY</scope><scope>7WZ</scope><scope>7X7</scope><scope>7XB</scope><scope>87Z</scope><scope>88E</scope><scope>88I</scope><scope>8AO</scope><scope>8C1</scope><scope>8FD</scope><scope>8FI</scope><scope>8FJ</scope><scope>8FK</scope><scope>8FL</scope><scope>ABUWG</scope><scope>AFKRA</scope><scope>ATCPS</scope><scope>AZQEC</scope><scope>BENPR</scope><scope>BEZIV</scope><scope>BHPHI</scope><scope>C1K</scope><scope>CCPQU</scope><scope>DWQXO</scope><scope>FR3</scope><scope>FRNLG</scope><scope>FYUFA</scope><scope>F~G</scope><scope>GHDGH</scope><scope>GNUQQ</scope><scope>HCIFZ</scope><scope>K60</scope><scope>K6~</scope><scope>K9.</scope><scope>L.-</scope><scope>M0C</scope><scope>M0S</scope><scope>M1P</scope><scope>M2P</scope><scope>M7N</scope><scope>P64</scope><scope>PATMY</scope><scope>PQBIZ</scope><scope>PQBZA</scope><scope>PQEST</scope><scope>PQQKQ</scope><scope>PQUKI</scope><scope>PRINS</scope><scope>PYCSY</scope><scope>Q9U</scope><scope>7X8</scope></search><sort><creationdate>20230901</creationdate><title>Exploring the synergies between digital finance and clean energy: a case study of green bond spillover effects</title><author>Dai, Zhiguang</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-c375t-789d3777b2da7ff45abd5d6c65ec1d4c28b0cb90c833f94fd219466f285e6d33</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>2023</creationdate><topic>Alternative energy sources</topic><topic>Aquatic Pollution</topic><topic>Atmospheric Protection/Air Quality Control/Air Pollution</topic><topic>China</topic><topic>Clean energy</topic><topic>Clean technology</topic><topic>Conservation of Natural Resources</topic><topic>Digital currencies</topic><topic>Dynamic stability</topic><topic>Earth and Environmental Science</topic><topic>Ecological effects</topic><topic>Economic Development</topic><topic>Ecotoxicology</topic><topic>Empirical analysis</topic><topic>Energy</topic><topic>Energy resources</topic><topic>Energy-Generating Resources</topic><topic>Environment</topic><topic>Environmental Chemistry</topic><topic>Environmental governance</topic><topic>Environmental Health</topic><topic>Environmental Policy</topic><topic>Finance</topic><topic>Green economy</topic><topic>Investments</topic><topic>Legislation</topic><topic>Local economy</topic><topic>Marketability</topic><topic>Renewable Energy</topic><topic>Renewable energy sources</topic><topic>Renewable resources</topic><topic>Research Article</topic><topic>Risk assessment</topic><topic>Waste Water Technology</topic><topic>Water Management</topic><topic>Water Pollution Control</topic><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>Dai, Zhiguang</creatorcontrib><collection>Medline</collection><collection>MEDLINE</collection><collection>MEDLINE (Ovid)</collection><collection>MEDLINE</collection><collection>MEDLINE</collection><collection>PubMed</collection><collection>CrossRef</collection><collection>ProQuest Central (Corporate)</collection><collection>Bacteriology Abstracts (Microbiology B)</collection><collection>Ecology Abstracts</collection><collection>Industrial and Applied Microbiology Abstracts (Microbiology A)</collection><collection>Pollution Abstracts</collection><collection>Toxicology Abstracts</collection><collection>ABI/INFORM Collection</collection><collection>ABI/INFORM Global (PDF only)</collection><collection>Health &amp; Medical Collection</collection><collection>ProQuest Central (purchase pre-March 2016)</collection><collection>ABI/INFORM Collection</collection><collection>Medical Database (Alumni Edition)</collection><collection>Science Database (Alumni Edition)</collection><collection>ProQuest Pharma Collection</collection><collection>Public Health Database</collection><collection>Technology Research Database</collection><collection>Hospital Premium Collection</collection><collection>Hospital Premium Collection (Alumni Edition)</collection><collection>ProQuest Central (Alumni) (purchase pre-March 2016)</collection><collection>ABI/INFORM Collection (Alumni Edition)</collection><collection>ProQuest Central (Alumni)</collection><collection>ProQuest Central</collection><collection>Agricultural &amp; Environmental Science Collection</collection><collection>ProQuest Central Essentials</collection><collection>ProQuest Central</collection><collection>ProQuest Business Premium Collection</collection><collection>ProQuest Natural Science Collection</collection><collection>Environmental Sciences and Pollution Management</collection><collection>ProQuest One Community College</collection><collection>ProQuest Central Korea</collection><collection>Engineering Research Database</collection><collection>Business Premium Collection (Alumni)</collection><collection>Health Research Premium Collection</collection><collection>ABI/INFORM Global (Corporate)</collection><collection>Health Research Premium Collection (Alumni)</collection><collection>ProQuest Central Student</collection><collection>SciTech Premium Collection</collection><collection>ProQuest Business Collection (Alumni Edition)</collection><collection>ProQuest Business Collection</collection><collection>ProQuest Health &amp; Medical Complete (Alumni)</collection><collection>ABI/INFORM Professional Advanced</collection><collection>ABI/INFORM global</collection><collection>Health &amp; Medical Collection (Alumni Edition)</collection><collection>Medical Database</collection><collection>Science Database</collection><collection>Algology Mycology and Protozoology Abstracts (Microbiology C)</collection><collection>Biotechnology and BioEngineering Abstracts</collection><collection>Environmental Science Database</collection><collection>ProQuest One Business</collection><collection>ProQuest One Business (Alumni)</collection><collection>ProQuest One Academic Eastern Edition (DO NOT USE)</collection><collection>ProQuest One Academic</collection><collection>ProQuest One Academic UKI Edition</collection><collection>ProQuest Central China</collection><collection>Environmental Science Collection</collection><collection>ProQuest Central Basic</collection><collection>MEDLINE - Academic</collection><jtitle>Environmental science and pollution research international</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext</fulltext></delivery><addata><au>Dai, Zhiguang</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>Exploring the synergies between digital finance and clean energy: a case study of green bond spillover effects</atitle><jtitle>Environmental science and pollution research international</jtitle><stitle>Environ Sci Pollut Res</stitle><addtitle>Environ Sci Pollut Res Int</addtitle><date>2023-09-01</date><risdate>2023</risdate><volume>30</volume><issue>44</issue><spage>100188</spage><epage>100202</epage><pages>100188-100202</pages><issn>1614-7499</issn><issn>0944-1344</issn><eissn>1614-7499</eissn><abstract>The impact of digital finance on green bonds and clean energy sources is analyzed. So, the primary objective of this study is to create a unique time-varying causality test to identify the relationship between ecological consciousness and green technology, clean energy, and digital currency. The China region was established using data from 2001 to 2019. A dynamic connection model with spillover is employed to further guarantee stability. The empirical findings reveal that the clean energy to digital finance index (30.544%) and the clean energy to green economy index (30.544%) are the sources for the spillover shocks analysis. because the overall dynamic connection of assets throughout time is affected by financial events. For every additional percentage point that renewable energy sources are employed, long-term environmental costs are lowered by 0.68%. And yet, the transition from renewable energy to digital finance has been characterised by increasing instability and causal significance as it has advanced. The organizational environment is shown to have the second-greatest influence on the growth of the green bond market, behind the state of the local economy and environmental governance. Increasing the marketability of clean energy securities requires stable, predictable legislation that improves our knowledge of the risk profile of these investments.</abstract><cop>Berlin/Heidelberg</cop><pub>Springer Berlin Heidelberg</pub><pmid>37632622</pmid><doi>10.1007/s11356-023-29205-1</doi><tpages>15</tpages></addata></record>
fulltext fulltext
identifier ISSN: 1614-7499
ispartof Environmental science and pollution research international, 2023-09, Vol.30 (44), p.100188-100202
issn 1614-7499
0944-1344
1614-7499
language eng
recordid cdi_proquest_miscellaneous_2857853786
source MEDLINE; SpringerNature Complete Journals
subjects Alternative energy sources
Aquatic Pollution
Atmospheric Protection/Air Quality Control/Air Pollution
China
Clean energy
Clean technology
Conservation of Natural Resources
Digital currencies
Dynamic stability
Earth and Environmental Science
Ecological effects
Economic Development
Ecotoxicology
Empirical analysis
Energy
Energy resources
Energy-Generating Resources
Environment
Environmental Chemistry
Environmental governance
Environmental Health
Environmental Policy
Finance
Green economy
Investments
Legislation
Local economy
Marketability
Renewable Energy
Renewable energy sources
Renewable resources
Research Article
Risk assessment
Waste Water Technology
Water Management
Water Pollution Control
title Exploring the synergies between digital finance and clean energy: a case study of green bond spillover effects
url https://sfx.bib-bvb.de/sfx_tum?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&ctx_tim=2024-12-28T07%3A06%3A07IST&url_ver=Z39.88-2004&url_ctx_fmt=infofi/fmt:kev:mtx:ctx&rfr_id=info:sid/primo.exlibrisgroup.com:primo3-Article-proquest_cross&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.atitle=Exploring%20the%20synergies%20between%20digital%20finance%20and%20clean%20energy:%20a%20case%20study%20of%20green%20bond%20spillover%20effects&rft.jtitle=Environmental%20science%20and%20pollution%20research%20international&rft.au=Dai,%20Zhiguang&rft.date=2023-09-01&rft.volume=30&rft.issue=44&rft.spage=100188&rft.epage=100202&rft.pages=100188-100202&rft.issn=1614-7499&rft.eissn=1614-7499&rft_id=info:doi/10.1007/s11356-023-29205-1&rft_dat=%3Cproquest_cross%3E2869392456%3C/proquest_cross%3E%3Curl%3E%3C/url%3E&disable_directlink=true&sfx.directlink=off&sfx.report_link=0&rft_id=info:oai/&rft_pqid=2869392456&rft_id=info:pmid/37632622&rfr_iscdi=true