Can Financial Development and Renewable Energy Drive Production‐Based and Consumption‐Based Carbon Emissions Reductions in <scp>E7</scp> Economies?
金融発展と再生可能エネルギーはE7経済圏の生産ベースおよび消費ベースの炭素排出削減を促進できるか？ (AI 翻訳)
Siyu Sun, Amber Pervaiz, Antonio Cimino
🤖 gxceed AI 要約
日本語
本研究はE7新興国7カ国を対象に、再生可能エネルギーと金融発展が生産ベース（PCO2）および消費ベース（CCO2）の二酸化炭素排出に与える影響をCS-ARDLモデルで分析。再生可能エネルギーは両方の排出を削減するが、特にCCO2に強い効果がある。金融発展単独では効果は弱いが、再生可能エネルギーとの相互作用により、グリーン技術への資金配分を通じて排出削減を強化することを明らかにした。
English
This study examines the joint impact of renewable energy and financial development on production-based (PCO2) and consumption-based (CCO2) carbon emissions in E7 economies using the CS-ARDL model. Results show that renewable energy reduces both types of emissions, with a stronger effect on CCO2. Financial development alone has a weak impact, but its interaction with renewable energy strengthens emission reduction by channeling capital toward green technologies.
Unofficial AI-generated summary based on the public title and abstract. Not an official translation.
📝 gxceed 編集解説 — Why this matters
日本のGX文脈において
本論文はE7新興国を対象としており、日本のGX文脈とは直接関連しないが、金融システムが再生可能エネルギー普及を通じて排出削減に寄与するメカニズムは、日本におけるグリーンファイナンスやトランジション・ファイナンスの設計に示唆を与える。特に、生産ベースと消費ベースの排出の区別は、サプライチェーン全体での排出管理（Scope3）にも関連する。
In the global GX context
This paper offers empirical evidence on how financial development can amplify the carbon reduction effect of renewable energy, relevant for global climate finance design. Its distinction between production- and consumption-based emissions adds nuance to carbon accounting, supporting frameworks like the GHG Protocol and ISSB standards.
👥 読者別の含意
🔬研究者:Provides empirical evidence on the moderating role of financial development in renewable energy's emission reduction, differentiating PCO2 and CCO2.
🏢実務担当者:Highlights how companies in emerging economies can leverage financial systems to fund renewable energy projects, potentially influencing corporate climate strategies.
🏛政策担当者:Suggests that policies promoting financial development can indirectly boost emission reductions if aligned with renewable energy expansion.
📄 Abstract（原文）
ABSTRACT The growing intensity of climate change calls for a more comprehensive understanding of how energy use and financial systems influence global carbon emissions. So far, existing research and policy efforts have mainly focused on production‐based emissions (PCO2). However, consumption‐based emissions (CCO2) and the moderating role of financial development (FD) in conjunction with renewable energy consumption (REC) remain comparatively less explored. This limited attention creates a clear gap in understanding the full scale and sources of emissions and makes it important to adopt an integrated approach that considers both production and consumption perspectives along with financial dynamics. Against this backdrop, the present study examines the joint impact of renewable energy and financial development on both PCO2 and CCO2. For this purpose, the study gathers the data across top seven emerging economies over the period of 1990 to 2023. The Cross‐Sectionally Augmented Autoregressive Distributed Lag (CS‐ARDL) model was applied to estimate the results. The findings of the study show that renewable energy reduces both types of emissions. However, a stronger effect was observed in the reduction of CCO2. Financial development on its own does not show a consistent or strong impact on emissions' reduction. However, when financial development interacts with renewable energy, it strengthens emission reduction by channeling capital toward green technologies and clean energy projects. These findings provide new empirical insight into how financial structures can transform from drivers of pollution to instruments of sustainability.
🔗 Provenance — このレコードを発見したソース
- openalex https://doi.org/10.1002/sd.71498first seen 2026-07-30 05:43:43
🔔 こうした論文の新着を逃したくない方は キーワードアラート に登録（無料・3キーワードまで）。
gxceed は公開メタデータに基づく研究支援データセットです。要約・翻訳・解説は AI 支援で生成されています。 最終的な解釈・検証は利用者が原典資料に基づいて行うことを前提とします。