Retracted: Impact of Green Financing on Carbon Drifts to Mitigate Climate Change: Mediating Role of Energy Efficiency

Climate change mitigation (CCM) has not been mainly understood and assessed in the terms of carbon drifts persisting at provincial level of China, and to respond the question that how green financing is better financing option for CCM. Thus, our study intends to test the role of green finance on car...

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Main Authors: Lei Chang, Jianhe Wang, Ziman Xiang, Hongda Liu
Format: Article
Language:English
Published: Frontiers Media S.A. 2021-10-01
Series:Frontiers in Energy Research
Subjects:
Online Access:https://www.frontiersin.org/articles/10.3389/fenrg.2021.785588/full
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author Lei Chang
Jianhe Wang
Ziman Xiang
Hongda Liu
author_facet Lei Chang
Jianhe Wang
Ziman Xiang
Hongda Liu
author_sort Lei Chang
collection DOAJ
description Climate change mitigation (CCM) has not been mainly understood and assessed in the terms of carbon drifts persisting at provincial level of China, and to respond the question that how green financing is better financing option for CCM. Thus, our study intends to test the role of green finance on carbon drifts to manage for the mitigation of climate change. For this, unit root test and panel co-integration technique is applied. Study findings reported that the intricate connection between place-and-time-specific GHG emission reduction responsibilities is significant with 18% and the ‘production’, trading and consumption of carbon allowances with 21% and offsets across vast time-space stretches related carbon drift is significant with 19.5% for climate change mitigation. For such significance, green financing is found imperative indicators which is significant at 27.1% with carbon drifts, and mitigates the climate change with 31.3%, which is, relatively high than usual climate change control practices. Our study also provides detailed policy implication on this topicality for associated stakeholder.
format Article
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institution Kabale University
issn 2296-598X
language English
publishDate 2021-10-01
publisher Frontiers Media S.A.
record_format Article
series Frontiers in Energy Research
spelling doaj-art-74d5e9238ad14440823759aec693f4a72025-01-29T13:50:46ZengFrontiers Media S.A.Frontiers in Energy Research2296-598X2021-10-01910.3389/fenrg.2021.785588785588Retracted: Impact of Green Financing on Carbon Drifts to Mitigate Climate Change: Mediating Role of Energy EfficiencyLei Chang0Jianhe Wang1Ziman Xiang2Hongda Liu3China Science and Technology University, Hefei, ChinaChina University of Political Science and Law, Beijing, ChinaCentral Conservatory of Music, Xicheng, ChinaSchool of Economics and Management, Tongji University, Shanghai, ChinaClimate change mitigation (CCM) has not been mainly understood and assessed in the terms of carbon drifts persisting at provincial level of China, and to respond the question that how green financing is better financing option for CCM. Thus, our study intends to test the role of green finance on carbon drifts to manage for the mitigation of climate change. For this, unit root test and panel co-integration technique is applied. Study findings reported that the intricate connection between place-and-time-specific GHG emission reduction responsibilities is significant with 18% and the ‘production’, trading and consumption of carbon allowances with 21% and offsets across vast time-space stretches related carbon drift is significant with 19.5% for climate change mitigation. For such significance, green financing is found imperative indicators which is significant at 27.1% with carbon drifts, and mitigates the climate change with 31.3%, which is, relatively high than usual climate change control practices. Our study also provides detailed policy implication on this topicality for associated stakeholder.https://www.frontiersin.org/articles/10.3389/fenrg.2021.785588/fullgreen financingcarbon driftsclimate change mitigationGHG emissionenergy frontiers
spellingShingle Lei Chang
Jianhe Wang
Ziman Xiang
Hongda Liu
Retracted: Impact of Green Financing on Carbon Drifts to Mitigate Climate Change: Mediating Role of Energy Efficiency
Frontiers in Energy Research
green financing
carbon drifts
climate change mitigation
GHG emission
energy frontiers
title Retracted: Impact of Green Financing on Carbon Drifts to Mitigate Climate Change: Mediating Role of Energy Efficiency
title_full Retracted: Impact of Green Financing on Carbon Drifts to Mitigate Climate Change: Mediating Role of Energy Efficiency
title_fullStr Retracted: Impact of Green Financing on Carbon Drifts to Mitigate Climate Change: Mediating Role of Energy Efficiency
title_full_unstemmed Retracted: Impact of Green Financing on Carbon Drifts to Mitigate Climate Change: Mediating Role of Energy Efficiency
title_short Retracted: Impact of Green Financing on Carbon Drifts to Mitigate Climate Change: Mediating Role of Energy Efficiency
title_sort retracted impact of green financing on carbon drifts to mitigate climate change mediating role of energy efficiency
topic green financing
carbon drifts
climate change mitigation
GHG emission
energy frontiers
url https://www.frontiersin.org/articles/10.3389/fenrg.2021.785588/full
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AT jianhewang retractedimpactofgreenfinancingoncarbondriftstomitigateclimatechangemediatingroleofenergyefficiency
AT zimanxiang retractedimpactofgreenfinancingoncarbondriftstomitigateclimatechangemediatingroleofenergyefficiency
AT hongdaliu retractedimpactofgreenfinancingoncarbondriftstomitigateclimatechangemediatingroleofenergyefficiency