<p>Due to the mounting pressure of climate crises, global think tanks are prioritizing the inclusion of nuclear energy in the clean energy mix. Nevertheless, financial, technological and institutional factors that can play a crucial role in its development are insufficiently examined compared to renewable alternatives. Taking into account top 27 polluting countries, this study investigates that how financial technology (FinTech) fosters nuclear energy development in the presence of institutional quality. The method of moments quantile regression (MMQR) unveils that FinTech consistently and positively influences nuclear energy development across the 10th to 90th quantiles, with stronger effects in the lower and middle quantiles, suggesting that FinTech plays a greater role where nuclear energy development is relatively low. Institutional quality also exerts a positive influence across all quantiles, while its moderating role significantly strengthens the FinTech–nuclear energy nexus between the 20th and 80th quantiles. Furthermore, the patent applications and forest area encourage nuclear energy development, whereas population growth and sustainable development exert downward pressure. These outcomes emphasize the integration of FinTech with robust institutional frameworks to mobilize capital for nuclear projects, providing policymakers with a novel pathway to accelerate clean energy transitions.</p>

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Financial technology and nuclear energy development: the moderating role of institutional quality in driving a sustainable future

  • Chuan Zhang,
  • Mian Gohar Rahman Zafar,
  • Muhammad Hafeez,
  • Nie HongDi

摘要

Due to the mounting pressure of climate crises, global think tanks are prioritizing the inclusion of nuclear energy in the clean energy mix. Nevertheless, financial, technological and institutional factors that can play a crucial role in its development are insufficiently examined compared to renewable alternatives. Taking into account top 27 polluting countries, this study investigates that how financial technology (FinTech) fosters nuclear energy development in the presence of institutional quality. The method of moments quantile regression (MMQR) unveils that FinTech consistently and positively influences nuclear energy development across the 10th to 90th quantiles, with stronger effects in the lower and middle quantiles, suggesting that FinTech plays a greater role where nuclear energy development is relatively low. Institutional quality also exerts a positive influence across all quantiles, while its moderating role significantly strengthens the FinTech–nuclear energy nexus between the 20th and 80th quantiles. Furthermore, the patent applications and forest area encourage nuclear energy development, whereas population growth and sustainable development exert downward pressure. These outcomes emphasize the integration of FinTech with robust institutional frameworks to mobilize capital for nuclear projects, providing policymakers with a novel pathway to accelerate clean energy transitions.