{"title":"Fintech and low-carbon urban development","authors":"Ting Zeng , Yuan Jiang","doi":"10.1016/j.frl.2025.107229","DOIUrl":null,"url":null,"abstract":"<div><div>This study examines financial technology's (FinTech) influence on urban low-carbon development among 276 Chinese cities (2008–2023). Using a dual fixed-effects model, FinTech's positive influence on green total factor energy efficiency is established. Green innovation mediates this relationship while transforming financial capabilities into environmental upgrading. Government environmental consideration strengthens FinTech's effectiveness, establishing background contingency. Heterogeneity analysis shows differential impacts across geographical locales, administrative prestige, and economic forms, with resource-based cities benefiting considerably. The findings improve the theoretical understanding of technology–sustainability relationships, providing practical guidance for incorporating FinTech into distinguished urban sustainability strategies.</div></div>","PeriodicalId":12167,"journal":{"name":"Finance Research Letters","volume":"79 ","pages":"Article 107229"},"PeriodicalIF":7.4000,"publicationDate":"2025-03-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Finance Research Letters","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S1544612325004921","RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"BUSINESS, FINANCE","Score":null,"Total":0}
引用次数: 0
Abstract
This study examines financial technology's (FinTech) influence on urban low-carbon development among 276 Chinese cities (2008–2023). Using a dual fixed-effects model, FinTech's positive influence on green total factor energy efficiency is established. Green innovation mediates this relationship while transforming financial capabilities into environmental upgrading. Government environmental consideration strengthens FinTech's effectiveness, establishing background contingency. Heterogeneity analysis shows differential impacts across geographical locales, administrative prestige, and economic forms, with resource-based cities benefiting considerably. The findings improve the theoretical understanding of technology–sustainability relationships, providing practical guidance for incorporating FinTech into distinguished urban sustainability strategies.
期刊介绍:
Finance Research Letters welcomes submissions across all areas of finance, aiming for rapid publication of significant new findings. The journal particularly encourages papers that provide insight into the replicability of established results, examine the cross-national applicability of previous findings, challenge existing methodologies, or demonstrate methodological contingencies.
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