Research on the Influence of Inclusive Finance on Carbon Emissions

Abstract

Digital inclusive finance, as an emerging force that can promote technological innovation and economic level, can provide new ideas for carbon emission reduction. Using the panel data of 30 provinces, autonomous regions and municipalities in China from 2011 to 2019, this paper explores how digital inclusive finance affects regional carbon emissions. It is found that digital inclusive finance can obviously restrain carbon dioxide emissions; The carbon emission reduction effect of digital inclusive finance is particularly significant in the central and western regions; Digital inclusive finance can improve the level of technological innovation, and its inhibition on carbon emissions is mainly through the transmission mechanism of promoting the level of technological innovation. In view of this, green-oriented digital inclusive finance should be developed; Strengthen the combination of digitalization and industrialization, and adjust and optimize the industrial layout; Formulate digital inclusive finance policy according to local conditions; Increase investment in technological innovation funds, and promote technological innovation with digital inclusive finance.