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| Rui Guo, Xiangyi Lu, Xiaoli Ding and Ruibin Tong |
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| ''Green finance and mining development: evidence from China'' |
| ( 2026, Vol. 0 No.0 ) |
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| Based on panel data from Chinese provinces (2014-2021), we employ a fixed-effects model incorporating composite indices of green finance, regional disparities, and mining development. The results demonstrate that green financial development significantly constrains mining sector growth, particularly in regions heavily dependent on polluting fuels and related industries, while showing notable regional heterogeneity. Mechanism analysis reveals that while green finance initially hampers traditional mining operations, it ultimately enhances air quality and reduces pollution by promoting cleaner production methods. These findings suggest that green finance, despite its short-term growth-inhibiting effects, fosters a more sustainable and efficient mining sector in the long run. This nonlinear relationship warrants further investigation in future research.
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| Keywords: green finance; mining development; sustainable development; regional heterogeneity |
JEL: Q5 - Environmental Economics: General
L7 - Industry Studies: Primary Products and Construction: General |
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| Manuscript Received : Apr 11 2025 | | Manuscript Accepted : Jul 13 2026 |
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