Leveraging green finance and technological innovations for sustainable urban development: A comparative study of Chinese mega-cities

• DOI: 10.1016/j.heliyon.2024.e26457
• Publication Date: 2024-02-17T10:24:02Z
• Authors: Jing Li; Xiaoya Gu; Tonglaga Han; Chan Juan
• Keywords: Promotion (chess); Green Economy; Investment

Being worlds' largest population, China is the biggest consumer of natural resources and causes highest Carbon emissions due to its energy needs for economic development. This research aims analyze relationship between green finance, resources, carbon releases, foreign direct investment on China's efforts towards durable sustainability. Difference-in-Difference frameworks are utilized statistics acquired from 270 Chinese cities 2002 2022. The findings indicate that financial implications significantly affect sustainable economy. However, short-term growth economy enhanced by use advancement markets. results this study provide empirical evidence supports theory positing a linear association among expansion, resources. provides guidance policymakers make policies efficient may potentially contribute promotion long-term sustainability in facilitation growth.