• Resources Science
  • Vol. 42, Issue 6, 06001015 (2020)
SHE Qunzhi, WU Xiaoli*, and PAN An
Author Affiliations
  • School of Economics, Zhongnan University of Economics and Law, Wuhan 430073, China
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    Abstract

    In the context of increasingly more countries actively advocating and investing in global climate governance actions, accurately examining the carbon emission effect of climate finance is of great significance for promoting sustained assistance from developed countries, laying out the post-2020 climate action, and building a community with a shared future for mankind. Based on the AidData, OECD-DAC CRS, and WDI database, this study obtained a national panel dataset of 77 recipient countries from 1980 to 2014. By constructing static and dynamic panel models, a moderating effect model, and a panel threshold model, this study investigated the impact of global climate finance on carbon emissions of recipient countries, and tested the moderating effect of income level between the above two. The results show that: (1) In general, climate finance had a significant negative impact on recipient countries’ carbon emissions, and the income level of recipient countries had a significant moderating effect on the carbon emission effect of climate finance. (2) With the increase of recipient countries’ income level, the carbon emission effect of climate finance shows a nonlinear characteristic of “from significant carbon reduction to insignificant carbon increase effect”. The recipient countries that achieved carbon reduction were mainly a few African countries. (3) To evaluate whether climate finance can achieve carbon reduction effect, the interaction between climate finance and recipient countries’ production and investment needs to be taken into account. Based on the above results, this study provided policy implications in terms of actively urging the implementation of relevant climate finance commitments, promoting low-carbon economic growth in recipient countries, and fully engaging in global climate governance through China’s dual identity.

    1 引言

    由温室气体排放导致的温升等气候变化问题已经严重影响到农业生产[1,2]、森林生态系统[3,4]、人类健康[5]和经济增长[6]等多个领域。联合国政府间气候变化专门委员会(IPCC)于2018年10月发布的《IPCC全球升温1.5℃特别报告》[7]指出,若不全力以赴达成1.5℃的温控目标,未来将在上述各领域付出更大代价。在全球气候治理进程中,控制碳排放增长始终是各国应对气候变化的重点关注领域。例如,在2019年12月第25届联合国气候大会(COP25)召开之际,有65个国家和主要经济体在其国家自主贡献中承诺要在2050年前实现净零排放。那么,各国是如何通过有效控制碳排放来应对气候变化的?

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    Qunzhi SHE, Xiaoli WU, An PAN. Effects of climate finance on carbon emissions in recipient countries[J]. Resources Science, 2020, 42(6): 1015
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    Received: Dec. 19, 2019
    Accepted: --
    Published Online: Apr. 15, 2021
    The Author Email: WU Xiaoli (wuxl1025@163.com)