Green credit’s impact on pollution and economic development: A study from Vietnam

IF 5.3 2区材料科学 Q2 MATERIALS SCIENCE, MULTIDISCIPLINARY

ACS Applied Nano Materials Pub Date : 2024-09-12 DOI:10.1016/j.ribaf.2024.102570

Duc Huu Nguyen , Huan Huu Nguyen , Tam Ha Minh Nguyen , Xihui Haviour Chen

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引用次数: 0

Abstract

Vietnam is actively pursuing sustainable economic development while transitioning to a greener economy, facing challenges in balancing economic growth with environmental sustainability. The evaluation of current sustainable development efforts and the identification of effective green financial tools are critical for Vietnam's progress. This study introduces the Sustainable Economic Development (SED) Index, a comprehensive measure of sustainable economic development quality across Vietnam's 63 provinces from 2015 to 2022. Using a range of analytical techniques, we explore the relationships between green credit, environmental pollution, and sustainable economic development during this period. Our findings indicate rapid growth in sustainable economic development until 2019, followed by a deceleration due to the COVID-19 pandemic and the Ukraine war. Green credit emerges as a pivotal factor in supporting sustainable economic growth, managing climate risks, and mitigating environmental pollution, particularly during times of uncertainty. Additionally, we observe spatial spillover effects, where the benefits of green credit and the challenges of environmental pollution transcend provincial boundaries. The study recommends promoting green credit policies, fostering regional cooperation, and enhancing local competitiveness, digital transformation, and social equality to advance Vietnam's journey toward sustainable economic development.

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绿色信贷对污染和经济发展的影响：越南研究

越南正在积极寻求可持续经济发展，同时向绿色经济转型，面临着平衡经济增长与环境可持续发展的挑战。评估当前的可持续发展努力和确定有效的绿色金融工具对越南的进步至关重要。本研究介绍了可持续经济发展（SED）指数，该指数是对越南 63 个省 2015 年至 2022 年可持续经济发展质量的综合衡量。利用一系列分析技术，我们探讨了这一时期绿色信贷、环境污染和可持续经济发展之间的关系。我们的研究结果表明，经济可持续发展在 2019 年前快速增长，随后由于 COVID-19 大流行病和乌克兰战争而减速。绿色信贷成为支持可持续经济增长、管理气候风险和减轻环境污染的关键因素，尤其是在不确定时期。此外，我们还观察到空间溢出效应，即绿色信贷的好处和环境污染的挑战超越了省界。本研究建议推广绿色信贷政策，促进区域合作，增强地方竞争力、数字化转型和社会平等，以推动越南实现可持续经济发展。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

ACS Applied Nano Materials Multiple-

CiteScore

8.30

自引率

3.40%

发文量

1601

期刊介绍： ACS Applied Nano Materials is an interdisciplinary journal publishing original research covering all aspects of engineering, chemistry, physics and biology relevant to applications of nanomaterials. The journal is devoted to reports of new and original experimental and theoretical research of an applied nature that integrate knowledge in the areas of materials, engineering, physics, bioscience, and chemistry into important applications of nanomaterials.