DOI: 10.3390/su18126333 ISSN: 2071-1050

Green Finance Empowers Coordinated Development of Synergistic Governance of Pollution and Carbon Reduction in Agriculture

Jing Wang, Guoxu Ma

Fostering the coupled and coordinated progress of agricultural pollution control and carbon emission reduction (AGR) is integral to agricultural modernization and high-quality agricultural development. As China’s green finance policies have been steadily refined, green finance has emerged as a pivotal driver of AGR enhancement. To examine the influence of green finance on AGR, this study analyzes their nexus over the 2008–2023 period. The results demonstrate that green finance markedly improves AGR, and this effect exhibits heterogeneity. In terms of mechanism, green finance strengthens AGR by bolstering agricultural technological innovation (INN) and raising farmers’ income (INC). Agricultural fiscal support (FIN) and the state of rural education (EDU) serve as important external conditions for green finance to effectively promote AGR. The findings further suggest that green finance is progressively evolving into a major force for advancing AGR.

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