全球经济正在逐步转变成以数字和绿色为发展特征的新时代。数字普惠金融在成为经济高速发展重要引擎的同时,是否能与绿色发展深度融合呢？基于2011—2020年15个RCEP成员国的面板数据,通过构建实证模型,具体分析数字普惠金融对碳排放的直接效应和间接效应。研究结果表明:①数字普惠金融发展与碳排放之间呈倒U型关系;②数字普惠金融发展主要通过能源结构、产业结构和投资结构这3种途径对碳排放产生间接影响;③数字普惠金融的碳减排效应存在基于差异化能源结构的门槛效应;④数字普惠金融发展更有利于人口高聚集国家和污染严重国家的碳减排。各国应逐步推进清洁能源替代煤炭,并利用先进的技术与理念带动传统产业转型,政府也应加大节能减排方面的投资支出。此外各国在发展数字普惠金融时,要充分认识到国家发展过程中存在的差异性,选择适合自身发展的合理路径推动数字普惠金融发展。

The global economy is gradually transitioning into a new era characterized by digital and green development.While becoming an important engine for high-speed economic development, can digital inclusive finance be deeply integrated with green development? Based on the panel data of 15 RCEP member countries from 2011 to 2020, this paper builds an empirical model to specifically analyze the direct and indirect effects of digital financial inclusion on carbon emissions.The results show that: first, there is an inverted U-shaped relationship between the development of digital financial inclusion and carbon emissions.Second, the development of digital financial inclusion has indirect impacts on carbon emissions mainly through three ways: energy structure, industrial structure and investment structure.Third, the carbon emission reduction effect of digital financial inclusion has threshold effect based on differentiated energy structure.Fourth, the development of digital financial inclusion is more conducive to carbon reduction in countries with high population concentration and heavy pollution.Countries should gradually replace coal with clean energy and transform traditional industries with advanced technologies and concepts.Governments should also increase investment in energy conservation and emission reduction.In addition, when developing digital financial inclusion, countries should be fully aware of the differences in the process of national development and choose a reasonable path suitable for their own development to promote the development of digital financial inclusion.