{"title":"Local government debt, digital finance and climate change: Study from the perspective of green innovation","authors":"Yiqi He , Yuxuan Hou , Xinyi Song , Xi Chen","doi":"10.1016/j.frl.2025.107139","DOIUrl":null,"url":null,"abstract":"<div><div>In the context of the rapid development of the digital economy, exploring the link between local government debt and climate change is vital. Using data on China's provincial carbon emissions and local debt from 2012 to 2021, this study empirically explored the influence and mechanism between the two. The findings suggest that China must continue minimizing local government debt and mitigating climate change by avoiding the pollution caused by the use of digital finance and increasing the level of green innovation.</div></div>","PeriodicalId":12167,"journal":{"name":"Finance Research Letters","volume":"78 ","pages":"Article 107139"},"PeriodicalIF":6.9000,"publicationDate":"2025-03-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Finance Research Letters","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S1544612325004027","RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"BUSINESS, FINANCE","Score":null,"Total":0}
引用次数: 0
Abstract
In the context of the rapid development of the digital economy, exploring the link between local government debt and climate change is vital. Using data on China's provincial carbon emissions and local debt from 2012 to 2021, this study empirically explored the influence and mechanism between the two. The findings suggest that China must continue minimizing local government debt and mitigating climate change by avoiding the pollution caused by the use of digital finance and increasing the level of green innovation.
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