The influence mechanism of green finance on the structural transformation of electric power industry
XU Yan
ZHANG Xinyu
PEI Jiamei
Abstract：Green finance,as an important means of financial supply-side structural reform,is a key tool for China to actively address climate change and promote green,low-carbon development.Driven by the"dual carbon"goals,the power industry,as a core sector in the transition to clean and low-carbon energy,is gradually moving towards decarbonization.The transformation of the power industry structure relies on the support of green finance services.By providing various types of financial support to the power industry,green finance facilitates the optimization of the industry structure.This paper investigates the mechanism by which green finance influences the transformation of the power industry structure,proposing two hypotheses.Based on data from 2008 to 2021,we conducted empirical research using a mediation effect model and a basic regression model.The research results indicate that:① Green finance has a positive impact on the transformation of the power industry structure;② Green finance promotes the transformation of the power industry structure by facilitating technological progress and innovation.
Keywords：green financeinfluence mechanismelectric power industry structure transformationtechnological progress and innovationmediation effect model
Publication Date：2024-08-20
Online Publishing Date：2025-08-15(First online date of this platform, not the publication date of the document)
Pages：7( 25-31 )