Articulating the role of green finance and natural resources in the environment: Aggregate and disaggregate analysis of natural resources

IF 3.9 4区环境科学与生态学 Q2 ENVIRONMENTAL STUDIES

Chinese Journal of Population Resources and Environment Pub Date : 2025-03-01 DOI:10.1016/j.cjpre.2025.01.009

Zhenxing Luo , Nasir Mahmood , Jianjun Zhang

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引用次数: 0

Abstract

Economic growth affects natural resources and the environment directly and indirectly; however, the exact role that natural resources play in environmental sustainability remains unknown. This paper revisits the relationship between natural resources and CO₂ emissions by considering the role of green finance vis-à-vis the aggregated and disaggregated analysis. Empirical panel data estimation analyzes a sample of emerging countries over the 2001–2019 period using the recently developed econometric cross-sectional auto-regressive distributed lag (CS-ARDL) technique. The findings show that natural resource components (natural gas, mineral rent, oil rent, and coal rent) are negatively associated with environmental pollution. In contrast, overall natural resource consumption helps reduce carbon emissions. However, we find that green finance contributes to carbon emission reduction. In contrast, education causes pollution by contributing to carbon emissions. We offer policy recommendations about the effectiveness of green financing for the sustainable use of natural resources in diminishing pollution.

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来源期刊

Chinese Journal of Population Resources and Environment ENVIRONMENTAL STUDIES-

CiteScore

4.30

自引率

1.10%

发文量

791

审稿时长

79 days

期刊介绍： The Chinese Journal of Population, Resources and Environment (CJPRE) is a peer-reviewed international academic journal that publishes original research in the fields of economic, population, resource, and environment studies as they relate to sustainable development. The journal aims to address and evaluate theoretical frameworks, capability building initiatives, strategic goals, ethical values, empirical research, methodologies, and techniques in the field. CJPRE began publication in 1992 and is sponsored by the Chinese Society for Sustainable Development (CSSD), the Research Center for Sustainable Development of Shandong Province, the Administrative Center for China's Agenda 21 (ACCA21), and Shandong Normal University. The Chinese title of the journal was inscribed by the former Chinese leader, Mr. Deng Xiaoping. Initially focused on China's advances in sustainable development, CJPRE now also highlights global developments from both developed and developing countries.