Can the Natural Resources Capitalization Contribute to the Achievement of Carbon Neutrality? A Pilot Experiment Evidence From China
There has been renewed interest in assessing the pilot scheme for compiling the natural resources capitalization (NRC). A growing body of evidence highlights the good effects that the policy of NRC has on the construction of ecological civilization. No known empirical research has focused on explori...
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| Format: | Article |
| Language: | English |
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Frontiers Media S.A.
2022-02-01
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| Series: | Frontiers in Environmental Science |
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| Online Access: | https://www.frontiersin.org/articles/10.3389/fenvs.2022.831840/full |
| _version_ | 1798031835117125632 |
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| author | Penghao Ye Senmao Xia Yu Xiong Yanan Li Yanan Li Lei Chen |
| author_facet | Penghao Ye Senmao Xia Yu Xiong Yanan Li Yanan Li Lei Chen |
| author_sort | Penghao Ye |
| collection | DOAJ |
| description | There has been renewed interest in assessing the pilot scheme for compiling the natural resources capitalization (NRC). A growing body of evidence highlights the good effects that the policy of NRC has on the construction of ecological civilization. No known empirical research has focused on exploring relationships between the policy of NRC and carbon emissions reduction. This paper employs the NRC as the ecological civilization policy to investigate whether the implementation of NRC has contributed to the carbon emissions reduction with a difference-in-differences (DID) method. The results showed that different variables of carbon emissions in four pilot cities can be effectively affected by the implementation of NRC. There were significant negative correlations between the carbon emissions per GDP (Gross Domestic Product) and the policy for Hulun Buir, Huzhou and Loudi cities, and a significant increase of carbon sequestration was found in Yan’an city. This research provides a timely and necessary study that the NRC policy could be a contributing factor to carbon emissions reduction. As a result of these investigations, suggestions were identified for future research. Further research should be undertaken to investigate the collaborative effects of multi-policies on environmental issues. |
| first_indexed | 2024-04-11T20:04:03Z |
| format | Article |
| id | doaj.art-cb1cf1848263404288bed9b8d7c62154 |
| institution | Directory Open Access Journal |
| issn | 2296-665X |
| language | English |
| last_indexed | 2024-04-11T20:04:03Z |
| publishDate | 2022-02-01 |
| publisher | Frontiers Media S.A. |
| record_format | Article |
| series | Frontiers in Environmental Science |
| spelling | doaj.art-cb1cf1848263404288bed9b8d7c621542022-12-22T04:05:26ZengFrontiers Media S.A.Frontiers in Environmental Science2296-665X2022-02-011010.3389/fenvs.2022.831840831840Can the Natural Resources Capitalization Contribute to the Achievement of Carbon Neutrality? A Pilot Experiment Evidence From ChinaPenghao Ye0Senmao Xia1Yu Xiong2Yanan Li3Yanan Li4Lei Chen5School of Economics, Hainan Open Economy Research Institute, Hainan University, Haikou, ChinaInternational Centre for Transformational Entrepreneurship and Center for Business in Society, Coventry University, Coventry, United KingdomSurrey Business School, University of Surrey, Guildford, United KingdomSchool of Business Administration, Zhongnan University of Economics and Law, Wuhan, ChinaResearch Center for Environment and Health, Zhongnan University of Economics and Law, Wuhan, ChinaSchool of Business Administration, Zhongnan University of Economics and Law, Wuhan, ChinaThere has been renewed interest in assessing the pilot scheme for compiling the natural resources capitalization (NRC). A growing body of evidence highlights the good effects that the policy of NRC has on the construction of ecological civilization. No known empirical research has focused on exploring relationships between the policy of NRC and carbon emissions reduction. This paper employs the NRC as the ecological civilization policy to investigate whether the implementation of NRC has contributed to the carbon emissions reduction with a difference-in-differences (DID) method. The results showed that different variables of carbon emissions in four pilot cities can be effectively affected by the implementation of NRC. There were significant negative correlations between the carbon emissions per GDP (Gross Domestic Product) and the policy for Hulun Buir, Huzhou and Loudi cities, and a significant increase of carbon sequestration was found in Yan’an city. This research provides a timely and necessary study that the NRC policy could be a contributing factor to carbon emissions reduction. As a result of these investigations, suggestions were identified for future research. Further research should be undertaken to investigate the collaborative effects of multi-policies on environmental issues.https://www.frontiersin.org/articles/10.3389/fenvs.2022.831840/fullnatural resources capitalizationcarbon neutralitynatural resources management and policyChinadifference–In–differences |
| spellingShingle | Penghao Ye Senmao Xia Yu Xiong Yanan Li Yanan Li Lei Chen Can the Natural Resources Capitalization Contribute to the Achievement of Carbon Neutrality? A Pilot Experiment Evidence From China Frontiers in Environmental Science natural resources capitalization carbon neutrality natural resources management and policy China difference–In–differences |
| title | Can the Natural Resources Capitalization Contribute to the Achievement of Carbon Neutrality? A Pilot Experiment Evidence From China |
| title_full | Can the Natural Resources Capitalization Contribute to the Achievement of Carbon Neutrality? A Pilot Experiment Evidence From China |
| title_fullStr | Can the Natural Resources Capitalization Contribute to the Achievement of Carbon Neutrality? A Pilot Experiment Evidence From China |
| title_full_unstemmed | Can the Natural Resources Capitalization Contribute to the Achievement of Carbon Neutrality? A Pilot Experiment Evidence From China |
| title_short | Can the Natural Resources Capitalization Contribute to the Achievement of Carbon Neutrality? A Pilot Experiment Evidence From China |
| title_sort | can the natural resources capitalization contribute to the achievement of carbon neutrality a pilot experiment evidence from china |
| topic | natural resources capitalization carbon neutrality natural resources management and policy China difference–In–differences |
| url | https://www.frontiersin.org/articles/10.3389/fenvs.2022.831840/full |
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