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Study on the coupling coordination mechanism of green technology innovation, environmental regulation, and green finance

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Abstract

Green technology innovation is the basic driving force of green economic development. The compatibility of the composite system composed of green technology innovation, green finance, and environmental regulation is the decisive factor of whether regional economy can achieve sustainable development. Based on the data of regional green technology innovation in China from 2012 to 2020, this paper discusses the coupling coordination mechanism and coupling coordination level among green technology innovation, green finance, and environmental regulation based on entropy method. It is found that the coupling and coordinated development of regional green technology innovation-green finance-environmental regulation system in China is above medium level. However, there is a big gap in the coupling coordination level among different regions. The coupling coordination level in eastern China is relatively high, and the coupling coordination level in other regions is deviated. Most regions of China have a great potential for improvement. On this basis, this paper puts forward policy suggestions for improving the overall coupling and coordination level of the system to promote national green development.

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Data availability

The data that support the findings of this study are openly available on request.

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Funding

The work is supported by Natural Science Foundation of China (Grants No. 71673136) and Research Foundation for Introduction of High-level Talents in Jinling Institute of Science and Technology (Grants No. JIT-RCYJ-201509).

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Authors and Affiliations

  1. Business School, Jinling Institute of Technology, Nanjing, Jiangsu, 211169, People’s Republic of China

    Xiaomeng Liu & Weidong Nie

  2. Business School, Hohai University, Nanjing, Jiangsu, 211100, People’s Republic of China

    Xiaomeng Liu

Authors
  1. Xiaomeng Liu
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  2. Weidong Nie
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Contributions

Xiaomeng LIU: conceptualization, data curation, methodology, writing—original draft. Weidong NIE: writing—review and editing—and software.

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Correspondence to Xiaomeng Liu.

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Liu, X., Nie, W. Study on the coupling coordination mechanism of green technology innovation, environmental regulation, and green finance. Environ Sci Pollut Res 29, 71796–71809 (2022). https://doi.org/10.1007/s11356-022-20905-8

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