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

作　　者：Zhenxing Luo Nasir Mahmood Jianjun Zhang 

机构地区：[1]School of Economics,Business and Foreign Languages,Wuhan Technology and Business University,Wuhan 430065,China [2]School of Economics,Wuhan Business University,Wuhan 430056,China [3]School of Economics and Management,Xidian University,Xi’an 710126,China

出　　处：《Chinese Journal of Population,Resources and Environment》2025年第1期96-105,共10页中国人口·资源与环境(英文版)

基　　金：supported by funding from the Wuhan Technology and Business University Doctoral Research Fund Project[Grant No.D2024007].

摘　　要：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 CO_(2)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.

关 键 词：Natural resources Green finance Environmental pollution Emerging economies CS-ARDL estimator 

分 类 号：P61[天文地球—矿床学]