Proceedings of the 2025 3rd International Academic Conference on Management Innovation and Economic Development (MIED 2025)

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Performance Evaluation of Green Finance in Supporting the Development of the New Energy Sector

Authors
Peilin Yang1, *
1Institute of Economics, Shandong University of Finance and Economics, Jinan, Shandong, 250000, China
*Corresponding author. Email: 2869620799@qq.com
Corresponding Author
Peilin Yang
Available Online 17 September 2025.
DOI
10.2991/978-94-6463-835-6_83How to use a DOI?
Keywords
Green Finance Mechanisms; Emerging Energy Sector; Performance Evaluation; Carbon Emission Intensity
Abstract

This study investigates the impact of green financial instruments on the profitability of new energy enterprises in China using panel data from 2019 to 2023. Drawing on fixed effects regression analysis, the results reveal that green credit and green equity financing significantly enhance firm-level net profit, highlighting their dual role in supporting both short-term liquidity and long-term growth. In contrast, green bonds exhibit a negative relationship with profitability. Additionally, carbon emission intensity imposes a significant financial burden on firms, while variables such as disclosure quality and firm age are not statistically significant. The findings underscore the structural heterogeneity in green finance effectiveness and call for improvements in policy alignment, financial institution capacity, and the diversity of financing tools. The study provides theoretical insights and practical policy recommendations for optimizing green finance as a strategic driver of sustainable development in the new energy sector.

Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2025 3rd International Academic Conference on Management Innovation and Economic Development (MIED 2025)
Series
Advances in Economics, Business and Management Research
Publication Date
17 September 2025
ISBN
978-94-6463-835-6
ISSN
2352-5428
DOI
10.2991/978-94-6463-835-6_83How to use a DOI?
Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Peilin Yang
PY  - 2025
DA  - 2025/09/17
TI  - Performance Evaluation of Green Finance in Supporting the Development of the New Energy Sector
BT  - Proceedings of the 2025 3rd International Academic Conference on Management Innovation and Economic Development (MIED 2025)
PB  - Atlantis Press
SP  - 773
EP  - 784
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-835-6_83
DO  - 10.2991/978-94-6463-835-6_83
ID  - Yang2025
ER  -