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Water-energy-food security under green finance constraints in Southwest China

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  • Lu, Shibao
  • Lu, Wenjing
  • Xu, Meng
  • Taghizadeh-Hesary, Farhad
  • Tang, Yao

Abstract

The key objective in green growth is to direct more capital into the green industry through innovative financial tools to achieve sustainability. This study calculates the water footprint of water-intensive food energy production and the virtual water flow caused by trade in five provinces of southwest China based on green financial data using quantitative analysis. This study proposes a modified water resource stress index (MWSI) associated with virtual water outflow. The results show that the output of food energy and virtual water flow in southwest China is increasing, which results in pressure on water resources in the locality and output region. Green finance could be a solution for solving water insecurity in China. This paper proposes comprehensive policy suggestions to ensure the sustainable development of water resources in southwest China.

Suggested Citation

  • Lu, Shibao & Lu, Wenjing & Xu, Meng & Taghizadeh-Hesary, Farhad & Tang, Yao, 2023. "Water-energy-food security under green finance constraints in Southwest China," Energy Economics, Elsevier, vol. 118(C).
  • Handle: RePEc:eee:eneeco:v:118:y:2023:i:c:s0140988322006077
    DOI: 10.1016/j.eneco.2022.106478
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    Cited by:

    1. Caiyun Lin & Shibao Lu & Xuyang Su & Chuanhao Wen, 2024. "RETRACTED ARTICLE: Can the greening of the tax system improve enterprises’ ESG performance? Evidence from China," Economic Change and Restructuring, Springer, vol. 57(3), pages 1-32, June.
    2. Dalal Aassouli & Ayodele Akande & Ray Jureidini, 2023. "Comparative Analysis of Sustainable Food Governance and the Alignment of Food Security Policies to Sustainable Development: A Case Study of OIC Countries," Sustainability, MDPI, vol. 15(22), pages 1-27, November.
    3. Lee, Chi-Chuan & Song, Hepeng & Lee, Chien-Chiang, 2023. "Assessing the effect of green finance on energy inequality in China via household-level analysis," Energy Economics, Elsevier, vol. 128(C).
    4. Wang, Yang & Taghizadeh-Hesary, Farhad, 2023. "Green bonds markets and renewable energy development: Policy integration for achieving carbon neutrality," Energy Economics, Elsevier, vol. 123(C).
    5. Xue, Jibin & Lang, Jiahui & Guan, Yanjun & Lu, Shibao, 2023. "Design and measurement of small-scale regional ecological compensation model," Economic Analysis and Policy, Elsevier, vol. 78(C), pages 1392-1405.

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