Measurement and Analysis of China’s Provincial Carbon Finance Level

DOI

10.2991/aebmr.k.201211.062How to use a DOI?

Keywords

Carbon finance, principal component analysis, index evaluation

Abstract

With China’s comprehensive deepening of reforms and improvement of the financial market, carbon finance has played an increasingly important role in supporting and driving green industries. A comparative analysis of the development of provincial carbon finance in China can provide theoretical support for national research related policies. This paper uses the principal component analysis method to innovatively construct a provincial carbon finance development index evaluation system. Through comparative analysis, it is found that those with higher levels of carbon finance development are provinces with higher economic and technological levels, while those with lower levels are resource-intensive provinces. It is recommended that governments at all levels vigorously develop low-carbon technologies and increase fiscal expenditures on energy conservation and environmental protection.

Copyright

© 2020, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Quanjia Zuo
PY  - 2020
DA  - 2020/12/14
TI  - Measurement and Analysis of China’s Provincial Carbon Finance Level
BT  - Proceedings of the Fifth International Conference on Economic and Business Management (FEBM 2020)
PB  - Atlantis Press
SP  - 370
EP  - 373
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.201211.062
DO  - 10.2991/aebmr.k.201211.062
ID  - Zuo2020
ER  -