RETRACTED ARTICLE: Exploring role of green financing in blockchain markets for climate change mitigation in China

• Published in: Environmental science and pollution research international 2024, Vol.31 (3), p.3614-3627
• Main Authors: Dong, Jingmiao, Yu, Shengchao
• Format: Article
• Language: English
• Subjects: Aquatic Pollution; Atmospheric Protection/Air Quality Control/Air Pollution; Blockchain; Climate action; Climate change; Climate change mitigation; Cryptography; Earth and Environmental Science; Ecotoxicology; Environment; Environmental Chemistry; Environmental Health; Finance; Financing; Quantitative research; Research Article; Waste Water Technology; Water Management; Water Pollution Control
• ISSN: 1614-7499; 0944-1344; 1614-7499
• DOI: 10.1007/s11356-023-31124-0

This study explores the potential of green finance as a strategic method to addressing climate change mitigation in China’s blockchain industry. This research methodically analyzes a large dataset collected from many sources across the period between 1999 and 2020. Using a mixed approach of quantitative research and qualitative case studies, this study delves into the tangled web of relationships between alternative finance sources for green initiatives and the use of blockchain technology to promote more environmentally friendly business practices. The results provide light on how green finance and blockchain technologies might work together to boost China’s climate change mitigation efforts, revealing fresh insights into the possible synergies and obstacles that erupt from this intersection. In response to the worsening climate problem, there is a pressing need for unconventional methods of financing that can lead holistic sustainable growth. Concurrently, blockchain technology’s disruptive potential reverberates across numerous sectors. However, research on blockchain’s potential for combating climate change, especially in conjunction with green funding systems, is still in its infancy. Intrinsic interest has motivated this study, which provides a new viewpoint on paths that might transform climate change mitigation in China by mapping the unexplored territory at the intersection of the green finance and blockchain sectors. This research hopes that by examining this interface, it will shed light on the hidden opportunities presented by the combination of green financing and blockchain innovation, allowing for more well-informed and effective decisions to be made in support of environmentally sustainable futures.