Green financial instruments: Economic, technological, and legal cycles in the development of the energy transition period

IF 12.9 1区管理学 Q1 BUSINESS

Technological Forecasting and Social Change Pub Date : 2025-03-20 DOI:10.1016/j.techfore.2025.124008

Weiyong Liu , Weiwen Liu

{"title":"Green financial instruments: Economic, technological, and legal cycles in the development of the energy transition period","authors":"Weiyong Liu , Weiwen Liu","doi":"10.1016/j.techfore.2025.124008","DOIUrl":null,"url":null,"abstract":"<div><div>The study is the initial effort to assess how technological developments impact green finance and how they both impact the sustainable development pillars. The study examines how good governance moderates this link and how two mediators—information sharing and technology penetration—operate in a cycle. Hayes reached the following conclusions after conducting his process analysis using the empirical data: technological innovations and green finance work together to promote sustainable development; good governance strengthens the relationship between technological innovations and green finance, especially when levels of technological innovations are low; and technological innovations have a positive impact on green finance through technological penetration both directly and indirectly. As a result, the research emphasizes the importance of getting money in an accessible and open technology manner. The result supports that dependable funding sources and collaborations are essential for advancing sustainable development. There are substantial policy ramifications when the minimum percentages of information coverage and technology penetration are reset to at least 6.87 % and 7.57 %, respectively.</div></div>","PeriodicalId":48454,"journal":{"name":"Technological Forecasting and Social Change","volume":"215 ","pages":"Article 124008"},"PeriodicalIF":12.9000,"publicationDate":"2025-03-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Technological Forecasting and Social Change","FirstCategoryId":"91","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S0040162525000393","RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"BUSINESS","Score":null,"Total":0}

引用次数: 0

Abstract

The study is the initial effort to assess how technological developments impact green finance and how they both impact the sustainable development pillars. The study examines how good governance moderates this link and how two mediators—information sharing and technology penetration—operate in a cycle. Hayes reached the following conclusions after conducting his process analysis using the empirical data: technological innovations and green finance work together to promote sustainable development; good governance strengthens the relationship between technological innovations and green finance, especially when levels of technological innovations are low; and technological innovations have a positive impact on green finance through technological penetration both directly and indirectly. As a result, the research emphasizes the importance of getting money in an accessible and open technology manner. The result supports that dependable funding sources and collaborations are essential for advancing sustainable development. There are substantial policy ramifications when the minimum percentages of information coverage and technology penetration are reset to at least 6.87 % and 7.57 %, respectively.

查看原文本刊更多论文

绿色金融工具：能源转型发展中的经济、技术和法律周期

这项研究是评估技术发展如何影响绿色金融以及它们如何影响可持续发展支柱的初步努力。该研究考察了良好的治理如何调节这种联系，以及信息共享和技术渗透这两个中介如何在一个循环中运作。Hayes利用实证数据进行过程分析，得出以下结论：技术创新与绿色金融共同促进可持续发展；良好的治理加强了技术创新与绿色金融之间的关系，尤其是在技术创新水平较低的情况下；技术创新通过技术渗透对绿色金融产生直接和间接的积极影响。因此，该研究强调了以可获取和开放的技术方式获得资金的重要性。结果表明，可靠的资金来源和合作对于促进可持续发展至关重要。当信息覆盖率和技术渗透率的最低百分比分别设定为至少6.87%和7.57%时，会产生重大的政策影响。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

求助全文

约1分钟内获得全文求助全文

来源期刊

Technological Forecasting and Social Change Multiple-

CiteScore

21.30

自引率

10.80%

发文量

813

期刊介绍： Technological Forecasting and Social Change is a prominent platform for individuals engaged in the methodology and application of technological forecasting and future studies as planning tools, exploring the interconnectedness of social, environmental, and technological factors. In addition to serving as a key forum for these discussions, we offer numerous benefits for authors, including complimentary PDFs, a generous copyright policy, exclusive discounts on Elsevier publications, and more.