Offset or harmonious coexistence: untangling the interrelationship between green finance and rural revitalisation

Examining the relationship and its dynamics between green finance and rural revitalisation is crucial for achieving an equitable, sustainable economy and low-carbon transition. This paper develops a comprehensive evaluation system for green finance and rural revitalisation, utilising data from 31 pr...

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Main Authors: Yi Gao, Xiang Hua, Boris Ivanovich Sokolov, Fangfei Zhao, Simin Shen
Format: Article
Language:English
Published: Frontiers Media S.A. 2025-02-01
Series:Frontiers in Environmental Science
Subjects:
Online Access:https://www.frontiersin.org/articles/10.3389/fenvs.2025.1512889/full
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author Yi Gao
Xiang Hua
Boris Ivanovich Sokolov
Fangfei Zhao
Simin Shen
author_facet Yi Gao
Xiang Hua
Boris Ivanovich Sokolov
Fangfei Zhao
Simin Shen
author_sort Yi Gao
collection DOAJ
description Examining the relationship and its dynamics between green finance and rural revitalisation is crucial for achieving an equitable, sustainable economy and low-carbon transition. This paper develops a comprehensive evaluation system for green finance and rural revitalisation, utilising data from 31 provinces in China from 2000 to 2020, and reveals the coordinated relationship and spatial characteristics. From the system theory, the coordinated and interacting relationship between green finance and rural revitalisation and its geographic features are also described in this paper. The results show that green finance levels have significantly increased across 31 provinces in China. The rural revitalisation process is also moving forward, and there is mutual reinforcement that creates a balance of harmonious symbiosis and positive interaction between green finance and rural revitalization. The relationship between the two also exhibits distinct stages and notable regional disparities, resulting in a spatial and temporal pattern characterised by ‘high east, sluggish middle, and delayed in the west.’ At the same time, a pattern of green finance development has appeared in the demonstrative unit of development. However, to enable the revitalisation of rural areas through green policies, it must accelerate the development of rural revitalisation and provide more robust and focused policy support.
format Article
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institution Kabale University
issn 2296-665X
language English
publishDate 2025-02-01
publisher Frontiers Media S.A.
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series Frontiers in Environmental Science
spelling doaj-art-220556ee425a46ffbdbfca4ff8c9edb22025-02-03T06:33:23ZengFrontiers Media S.A.Frontiers in Environmental Science2296-665X2025-02-011310.3389/fenvs.2025.15128891512889Offset or harmonious coexistence: untangling the interrelationship between green finance and rural revitalisationYi Gao0Xiang Hua1Boris Ivanovich Sokolov2Fangfei Zhao3Simin Shen4Department of Credit Theory and Financial Management, Saint Petersburg State University, Saint Petersburg, RussiaSchool of Economics, Shandong Technology and Business University, Yantai, Shandong, ChinaDepartment of Credit Theory and Financial Management, Saint Petersburg State University, Saint Petersburg, RussiaSchool of Philosophy, Renmin University of China, Beijing, ChinaCollege of Business Administration, Capital University of Economics and Business, Beijing, ChinaExamining the relationship and its dynamics between green finance and rural revitalisation is crucial for achieving an equitable, sustainable economy and low-carbon transition. This paper develops a comprehensive evaluation system for green finance and rural revitalisation, utilising data from 31 provinces in China from 2000 to 2020, and reveals the coordinated relationship and spatial characteristics. From the system theory, the coordinated and interacting relationship between green finance and rural revitalisation and its geographic features are also described in this paper. The results show that green finance levels have significantly increased across 31 provinces in China. The rural revitalisation process is also moving forward, and there is mutual reinforcement that creates a balance of harmonious symbiosis and positive interaction between green finance and rural revitalization. The relationship between the two also exhibits distinct stages and notable regional disparities, resulting in a spatial and temporal pattern characterised by ‘high east, sluggish middle, and delayed in the west.’ At the same time, a pattern of green finance development has appeared in the demonstrative unit of development. However, to enable the revitalisation of rural areas through green policies, it must accelerate the development of rural revitalisation and provide more robust and focused policy support.https://www.frontiersin.org/articles/10.3389/fenvs.2025.1512889/fullgreen financerural revitalizationcoordinationregional developmentsocial development
spellingShingle Yi Gao
Xiang Hua
Boris Ivanovich Sokolov
Fangfei Zhao
Simin Shen
Offset or harmonious coexistence: untangling the interrelationship between green finance and rural revitalisation
Frontiers in Environmental Science
green finance
rural revitalization
coordination
regional development
social development
title Offset or harmonious coexistence: untangling the interrelationship between green finance and rural revitalisation
title_full Offset or harmonious coexistence: untangling the interrelationship between green finance and rural revitalisation
title_fullStr Offset or harmonious coexistence: untangling the interrelationship between green finance and rural revitalisation
title_full_unstemmed Offset or harmonious coexistence: untangling the interrelationship between green finance and rural revitalisation
title_short Offset or harmonious coexistence: untangling the interrelationship between green finance and rural revitalisation
title_sort offset or harmonious coexistence untangling the interrelationship between green finance and rural revitalisation
topic green finance
rural revitalization
coordination
regional development
social development
url https://www.frontiersin.org/articles/10.3389/fenvs.2025.1512889/full
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AT xianghua offsetorharmoniouscoexistenceuntanglingtheinterrelationshipbetweengreenfinanceandruralrevitalisation
AT borisivanovichsokolov offsetorharmoniouscoexistenceuntanglingtheinterrelationshipbetweengreenfinanceandruralrevitalisation
AT fangfeizhao offsetorharmoniouscoexistenceuntanglingtheinterrelationshipbetweengreenfinanceandruralrevitalisation
AT siminshen offsetorharmoniouscoexistenceuntanglingtheinterrelationshipbetweengreenfinanceandruralrevitalisation