Green finance, Green technology Innovation and Carbon Emission Reduction
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This study explores the mechanism of the carbon emission reduction effect and technological innovation of green finance in Chinese cities, especially analyzes the comprehensive effect of green finance in the process of low-carbon transformation of Chinese urban agglomerations.Based on the panel data of China's cities from 2000 to 2023, this paper uses interaction model, mediation model and other models to evaluate the impact of Green Finance on carbon emissions.The results show that green finance and green technology innovation can significantly reduce carbon emissions, and the synergistic effect of the two is significantly stronger than the single path.Mechanism analysis shows that green finance can achieve collaborative emission reduction by promoting green technology innovation, promoting industrial structure upgrading and improving the level of regional digital economy.Heterogeneity analysis shows that the regional emission reduction effect of the Yangtze River Delta urban agglomeration with developed digital economy, high degree of digital transformation and concentrated cities is more significant.This study not only expands the theoretical framework of collaborative governance of green finance, but also provides a new empirical basis and policy reference for other international urban agglomerations to achieve high-quality and low-carbon development.
