Original scientific paper
https://doi.org/10.1080/1331677X.2022.2116067
Does eco-innovation and green investment limit the CO2 emissions in China?
Tolassa Temesgen Hordofa
Hieu Minh Vu
Apichit Maneengam
Nafeesa Mughal
Phan The Cong
Song Liying
Abstract
The continuous upsurge in worldwide economic development and
human activities has intensified CO2 emissions that highlighted
the significant role of eco-innovation and green investment in
curbing CO2 emissions. The study aims to explore the impact of
eco-innovation and green investment on CO2 emissions by using
the China dataset for time period 1990–2019. The study adopts
the ARDL approach. The study used two proxies to determine the
impact of eco-innovation, namely environment-related technologies
and patents. The empirical estimates of the ARDL approach
confirm the negative impact of eco-innovation and green investment
on CO2 emissions confirming that these determinants result
in limiting CO2 emissions in China. Based on these findings, the
study suggests strengthening environmentally friendly policies and
the advancement of green investment to mitigate CO2 emissions.
Keywords
Eco-innovation; green investment; CO2 emissions; China
Hrčak ID:
303747
URI
Publication date:
31.3.2023.
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