释放金融科技的潜力：欧盟实现可持续资源管理的途径

IF 10.2 2区经济学 0 ENVIRONMENTAL STUDIES

Resources Policy Pub Date : 2024-10-13 DOI:10.1016/j.resourpol.2024.105358

Anran Xiao , Zeshui Xu , Marinko Skare , JingLin Xiao , Yong Qin

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引用次数: 0

摘要

欧洲联盟（欧盟）内生态足迹的快速增长表明，亟需新的创新方法来可持续地管理自然资源。为此，本研究深入探讨了如何通过注入循环经济和技术创新原则来利用金融科技（FinTech）的力量，以应对日益增长的生态足迹。本研究旨在探讨自然资源、循环经济和技术创新之间错综复杂的相互作用对生态足迹的影响，尤其关注金融科技在这些关系中的调节作用。共同相关效应均值组（CCGMG）估计器解决了面板数据的异质性和横截面依赖性问题，这对于理解生态足迹问题的复杂性至关重要。2013 年至 2021 年期间 27 个欧盟国家的证据表明，在使用更多自然资源的同时，生态足迹也会增加，但改进循环经济实践和技术创新将大幅减少生态足迹的增加。具体而言，自然资源每增加 1%，生态足迹就会相应增加 0.079%，而循环经济和技术创新每增加 1%，生态足迹就会分别减少 0.328% 和 0.326%。此外，金融科技在放大循环经济和技术创新对生态可持续发展的积极影响方面发挥了关键的调节作用。值得注意的是，金融科技缓解了自然资源使用的负面影响，并加强了可持续实践对减少足迹的作用。从这个角度出发，研究提出了若干有针对性的政策建议，以利用金融科技的资源和废物管理能力，优化金融资本配置，提高融资效率。这项研究为在欧盟和全球范围内推广绿色倡议提供了宝贵的见解和实用建议，符合环境可持续性和经济恢复力的总体目标。

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Unlocking the potential of FinTech: A pathway to sustainable resource management in the EU

The rapid growth of the ecological footprint within the European Union (EU) has indicated a strong need for new and innovative approaches to sustainably managing natural resources. To this end, this study delves into how to harness the power of financial technology (FinTech) by infusing the principles of circular economy and technological innovation to address the growing ecological footprint. This study aims to explore the intricate interplay of natural resources, circular economy, and technological innovation on the effect of ecological footprint, particularly focusing on FinTech as a moderator in these relationships. The common correlated effects mean group (CCGMG) estimator addresses panel data's heterogeneity and cross-sectional dependence, which is essential for understanding the complex nature of ecological footprint issues. The evidence from 27 EU countries spanning 2013 to 2021 suggests that while more natural resources are used, the ecological footprint will increase, but improving circular economy practices and technological innovation will massively reduce this increase. Specifically, a 1% increase in natural resources leads to a corresponding 0.079% rise in ecological footprint, while a 1% increase in the circular economy and technological innovation reduces ecological footprint by 0.328% and 0.326%, respectively. Furthermore, FinTech stands out as a pivotal moderating force in amplifying the positive effects of circular economy and technological innovation towards ecological sustainability. Notably, it cushions the negative impacts of natural resource use and reinforces the power of sustainable practices on the footprint-reducing effect. From that angle, several targeted policy recommendations are proposed to harness FinTech's capabilities of resources and waste management, optimizing financial capital allocation, and enhancing financing efficiency. The study provides valuable insights and practical recommendations for promoting green initiatives within the EU and globally, aligning with the overall objectives of environmental sustainability and economic resilience.

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来源期刊

Resources Policy ENVIRONMENTAL STUDIES-

CiteScore

13.40

自引率

23.50%

发文量

602

审稿时长

69 days

期刊介绍： Resources Policy is an international journal focused on the economics and policy aspects of mineral and fossil fuel extraction, production, and utilization. It targets individuals in academia, government, and industry. The journal seeks original research submissions analyzing public policy, economics, social science, geography, and finance in the fields of mining, non-fuel minerals, energy minerals, fossil fuels, and metals. Mineral economics topics covered include mineral market analysis, price analysis, project evaluation, mining and sustainable development, mineral resource rents, resource curse, mineral wealth and corruption, mineral taxation and regulation, strategic minerals and their supply, and the impact of mineral development on local communities and indigenous populations. The journal specifically excludes papers with agriculture, forestry, or fisheries as their primary focus.