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A Study of the Impact of Digital Finance on Corporate Carbon Emissions

Author(s)

Jingliang Yue, Huiyan Zhang, Shuang Zhang

Affiliation(s)

Harbin Finance University, Harbin, Heilongjiang, China

Abstract

Digital finance is a new type of financial form that integrates digital technology with traditional finance, and digital finance can promote the decline of corporate carbon emissions. Through analysis, this paper finds that the influence mechanism of digital finance on enterprise carbon emissions is mainly reflected in the following aspects: digital finance can provide enterprises with more convenient, efficient and low-cost capital financing, and reduce the financing constraints. Digital finance can provide enterprises with more diversified risk management tools, and reduce the risks brought by information asymmetry, and it can provide enterprises with a more effective risk pricing mechanism, improving the ability of enterprises to cope with risks. Based on the above analysis, it is found that there are problems in the current digital finance to reduce enterprise carbon emissions and improve the ability of enterprises to cope with risks. Based on the above analysis, we find that there are deficiencies in the current digital finance to reduce carbon emissions of enterprises, and put forward relevant suggestions.

Keywords

Digital Finance; Carbon Emissions; Financial Innovation; Green Economy

References

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