مجلة الدراسات المالية والمحاسبية والإدارية
Volume 12, Numéro 2, Pages 1-35
2025-12-31
Aligning Local Power With Financial Innovation: Environmental Decentralization, Digital Finance, And The Rise Of Green Technologies
Authors : Elahi Muhammad Mohsin . Mehmood Imran .
Abstract
It is unambiguous that financial development plays a critical role in fostering the advancement of green technologies. However, traditional financial organizations often face challenges when efficiently enabling these enhancements. This study indicates that using digital funding might be a practical approach to stimulate the development of environmentally friendly technologies in China. The objective is to examine the impact of digital finance on trading enterprises and cities using panel data. The findings indicate a significant and advantageous influence of digital funding on developing environmentally sustainable technologies in emerging regions. Several factors contribute to this effect, such as the relaxation of giant company financial constraints, enhanced business structures, and breakthroughs in manufacturing. The positive effects are particularly noticeable for smaller enterprises and in regions with high levels of pollutants, local solid sustainability initiatives, and well-developed industrial and non-governmental finance sectors. Furthermore, the study indicates that the decentralization of the ecosystem enhances the positive effect of digital currency on green innovation. Shifting the duty of environmental making choices to more accessible levels might potentially resolve the disparity between the supply and demand for investments in green innovation. The paper proposes several proposals to address environmental problems and enhance firms' capacity to innovate in green practices: Traditional banking institutions must actively embrace digital advancements. Furthermore, government agencies must provide specific avenues for innovation to entrepreneurs and private enterprises, overhaul the current system of environmental decentralization, and enhance consolidated sustainability monitoring.
Keywords
Environmental Decentralization ; Digital Finance ; Green Technology Innovation ; Local Governance ; Financial Inclusion ; Sustainable
Les articles similaires
بوسالم أحلام
.
عابد يوسف
.
ص 117-132.
Yahia Zeghoudi
.
pages 74-88.
Said Houari Amel
.
pages 257-268.
Roqi Alawi Akhmad
.
Triyono Agus
.
Nur 'aini Fitria
.
pages 5-22.
Lemsellef Abla
.
Omane Ahmed
.
pages 294-310.
