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August 22, 2025SustainabilityOpen Access

The Impact of Green Finance Policy on Environmental Performance: Evidence from China

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Analysis reveals green finance positively impacts environmental performance in companies, highlighting innovation and financial factors.

Green finance policy significantly boosts corporate environmental performance in pilot zones, especially for state-owned firms.
Main finding indicates environmental performance varies by ownership type, with state-owned firms benefiting more from green finance.
Utilizing a DID model, the study analyzes 2324 A-share listed companies across various sectors in China and highlights significant effects.
These insights can aid policymakers in fostering environmental sustainability initiatives among different enterprise types.

Yu et al. (2025) studied this question.

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