Impact of sustainable energy, fossil fuels and green finance on ecosystem: Evidence from China

The adoption of sustainable energy has increased as a substitute for petroleum derivatives due to growing concerns about environmental degradation caused by pollution and non-renewable energy sources. This study aims to investigate the impact of sustainable energy, green finance, and fossil fuels on the ecology of China. Instead of using traditional intermediaries like CO2 and EF, we employed the ecosystem habitat index to evaluate the conservation of terrestrial ecosystems. This index measures the extent of habitat destruction, deterioration, and fragmentation. The research demonstrated that implementing ecological power and green finance in China has enhanced the country's ability to safeguard and enhance its ecosystem in the short and long term. Furthermore, the findings suggest that using non-renewable energy sources in China has heightened the risk to biodiversity and the ecosystem. The analysis indicates that prioritizing green funding and renewable energy sources is crucial for policymakers, legislators, and investors to safeguard and enhance ecosystem diversity.

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Publication Details

Journal
Heliyon
Published
2024-08-23
DOI
https://doi.org/10.1016/j.heliyon.2024.e36712
Citations
8
Primary Topic
Energy, Environment, Economic Growth
Type
article
Field-Weighted Citation Impact
9.03

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article

Impact of sustainable energy, fossil fuels and green finance on ecosystem: Evidence from China

Sheng Zeng, Zohan Khan, ZuoTeng Wang
8 citations
Heliyon
Energy, Environment, Economic Growth
9.03
article

Impact of sustainable energy, fossil fuels and green finance on ecosystem: Evidence from China

Sheng Zeng, Zohan Khan, ZuoTeng Wang
article en
8 citations

Abstract

The adoption of sustainable energy has increased as a substitute for petroleum derivatives due to growing concerns about environmental degradation caused by pollution and non-renewable energy sources. This study aims to investigate the impact of sustainable energy, green finance, and fossil fuels on the ecology of China. Instead of using traditional intermediaries like CO2 and EF, we employed the ecosystem habitat index to evaluate the conservation of terrestrial ecosystems. This index measures the extent of habitat destruction, deterioration, and fragmentation. The research demonstrated that implementing ecological power and green finance in China has enhanced the country's ability to safeguard and enhance its ecosystem in the short and long term. Furthermore, the findings suggest that using non-renewable energy sources in China has heightened the risk to biodiversity and the ecosystem. The analysis indicates that prioritizing green funding and renewable energy sources is crucial for policymakers, legislators, and investors to safeguard and enhance ecosystem diversity.

HeliyonVol. 10(18)
Chongqing Technology and Business University (CN), Abdullah Gül University (TR)
Chongqing Technology and Business University, Chongqing Municipal Education Commission
Responsible consumption and production
Openalex Percentile: Top 3%
Energy, Environment, Economic Growth
9.03
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