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<p>This paper examines the spatial-temporal evolution of green finance development (GFD) and the synergistic effects of pollution and carbon emission reduction (SEPCR) in China, using data from 2008 to 2022. It elucidates: (1) GFD in China is progressively improving, showing a regional disparity pattern of “eastern region &gt; central region &gt; western region”. The SEPCR index initially increases and then decreases, displaying a regional disparity pattern of “central region &gt; eastern region &gt; western region”, with the gap between the eastern and western regions narrowing and the gap between the eastern and central regions widening. (2) GFD can enhance SEPCR; however, as the level of GFD intensifies, its impact diminishes, demonstrating nonlinear characteristics. (3) The impact of GFD on SEPCR is more prominent in regions with high levels of financial development, high levels of information technology development, and high environmental governance intensity.</p>

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Green finance and the synergistic effects of pollution and carbon emission reduction: evidence from China

  • 期刊论文

  • 发表日期：

    2026年2月5日

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  • Hua Lu,
  • Jieqin Wu,
  • Jiahong Gong

摘要

This paper examines the spatial-temporal evolution of green finance development (GFD) and the synergistic effects of pollution and carbon emission reduction (SEPCR) in China, using data from 2008 to 2022. It elucidates: (1) GFD in China is progressively improving, showing a regional disparity pattern of “eastern region > central region > western region”. The SEPCR index initially increases and then decreases, displaying a regional disparity pattern of “central region > eastern region > western region”, with the gap between the eastern and western regions narrowing and the gap between the eastern and central regions widening. (2) GFD can enhance SEPCR; however, as the level of GFD intensifies, its impact diminishes, demonstrating nonlinear characteristics. (3) The impact of GFD on SEPCR is more prominent in regions with high levels of financial development, high levels of information technology development, and high environmental governance intensity.