Lu Jingfu, Gulzar Fatime, Lai Yifan
School of Economics and Management, Yango University, Fuzhou, Fujian, 350015, China.
Faculty of Humanities, Management and Science, Universiti Putra Malaysia, Bintulu, Negeri Sarawak, 97000, Malaysia.
Heliyon. 2024 Jul 10;10(15):e34467. doi: 10.1016/j.heliyon.2024.e34467. eCollection 2024 Aug 15.
In the context of China's transportation sector, which has faced escalating challenges in carbon emissions, this study delves into the intricate nexus between sustainable finance strategies and the imperative of achieving carbon neutrality. Spanning the years 2010-2022 across 30 provinces of China and employing a rigorous Panel Model methodology, our research sets out to achieve several pivotal objectives. These include assessing the tangible impact of sustainable finance initiatives on curtailing carbon emissions within the transportation domain, discerning the pivotal drivers that influence the trajectory of carbon neutrality endeavors, and critically evaluating the efficacy of policy interventions aimed at fostering sustainability. Our findings unearth a compelling narrative. Firstly, we observe a discernible positive correlation between the implementation of sustainable finance mechanisms-such as green bonds, sustainable investment portfolios, and innovative financial instruments-and the tangible reduction of carbon emissions within the transportation sector. Secondly, our analysis underscores the indispensable role of key drivers, ranging from technological advancements and regulatory frameworks to evolving consumer behavior and public consciousness, in steering the course towards carbon neutrality. Thirdly, our research underscores the pivotal impact of targeted policy interventions, emphasizing the efficacy of measures aimed at incentivizing sustainable practices, fostering stakeholder collaborations, and bolstering industry-wide accountability frameworks. In light of these insights, our study advocates for a nuanced policy landscape characterized by a multifaceted approach. By aligning financial incentives with sustainability goals, fostering technological innovation, and fostering robust regulatory frameworks, policymakers can catalyze a paradigm shift towards carbon neutrality in the transportation sector.
在中国交通运输部门面临日益严峻的碳排放挑战的背景下，本研究深入探讨了可持续金融战略与实现碳中和紧迫性之间的复杂联系。我们的研究跨越2010年至2022年的中国30个省份，并采用严格的面板模型方法，旨在实现几个关键目标。这些目标包括评估可持续金融举措对减少交通领域碳排放的实际影响，识别影响碳中和努力轨迹的关键驱动因素，以及批判性地评估旨在促进可持续性的政策干预措施的有效性。我们的研究结果揭示了一个引人注目的情况。首先，我们观察到可持续金融机制（如绿色债券、可持续投资组合和创新金融工具）的实施与交通部门碳排放的切实减少之间存在明显的正相关关系。其次，我们的分析强调了关键驱动因素的不可或缺作用，从技术进步、监管框架到不断演变的消费者行为和公众意识，这些因素都在引导实现碳中和的道路。第三，我们的研究强调了有针对性的政策干预的关键影响，强调了旨在激励可持续做法、促进利益相关者合作以及加强全行业问责框架的措施的有效性。鉴于这些见解，我们的研究倡导一种以多方面方法为特征的细致入微的政策格局。通过使金融激励与可持续发展目标保持一致、促进技术创新以及建立强大的监管框架，政策制定者可以推动交通运输部门向碳中和的范式转变。
