Evidence map›Paper›PMID 41627620›Full record

ArticleCarbon balance and management2026

Study on the impact of green bond issuance on the green and low carbon development of Chinese thermal power enterprises.

Mengqi Gong, Gege He, Yizi Wang

Abstract read
In one paragraph

Article in Carbon balance and management, 2026. The graph could read no effect estimate from its abstract, so it casts no vote on the map. Not yet cited in PubMed.

0numbers the graph read from it
0cells of the map it votes in
0citing papers in PubMed
–field-weighted citation impact
1 · What the graph read from it

What it found

Each row is one number read from the abstract, on the scale the paper reported it, with its interval. Left of the dashed line favours the treatment, right favours the comparator. Under each row is the sentence it came from. New to these charts? A ten-minute tutorial.

The abstract states no effect estimate the extractor could read, or names no intervention and outcome on the map, so this paper lights no cell and moves no belief. It is still indexed, cited and linked below.

2 · The registry

The trial behind it

Trials whose registry record cites this paper, or whose number appears in the abstract. A trial that started after this paper was published is citing it as background, not reporting it.

Neither the registry nor the abstract names a trial number. If this is a trial report, that itself is worth knowing.

3 · Its place in the literature

Who cites it

0 citing papers in PubMed.

No citing paper in PubMed yet.

4 · The record

Corrections and comments

PubMed lists nothing against this paper. Absence here is not a guarantee, only a check that was made.

5 · Who and what money

Authors and funding

3 authors.

Mengqi GongSchool of Law and Business, Wuhan Institute of Technology, Wuhan Hubei, 430205, China.
Gege HeSchool of Law and Business, Wuhan Institute of Technology, Wuhan Hubei, 430205, China.
Yizi WangSchool of Law and Business, Wuhan Institute of Technology, Wuhan Hubei, 430205, China. wcz1236542022@163.com.

Funding

National Natural Science Foundation of China under the Youth Project 72104189
6 · The paper itself

Abstract

Thermal power generation is a sector of critical importance in global energy consumption, yet it also stands as a major source of environmental pollution. Against the backdrop of China’s diminishing resource and environmental carrying capacity and escalating global climate change, this study examines the impact of green bond issuance on the green and low-carbon development of thermal power enterprises, along with its underlying transmission mechanisms. Employing methodologies such as difference-in-differences (DID) and mediation effect analysis, we analyze data from A-share listed thermal power companies in Shanghai and Shenzhen stock exchanges spanning 2007 to 2021. Furthermore, we investigate the heterogeneous effects of green bonds on enterprises of varying scales and across different regions.The results demonstrate that green bond issuance significantly promotes the green and low-carbon development of thermal power enterprises, both directly and indirectly—a finding robust to a series of sensitivity tests. Moreover, the effects vary considerably depending on firm size and geographic location. This study provides valuable insights into the economic implications of green bonds in China and offers policy guidance for the green transformation of the thermal power industry.

Indexed as

Digital transformationEnergy saving and emission reductionEntropy methodGreen bondMediated effectThermal power enterprises

Identifiers

PMID41627620
PMCPMC12952154

What OpenQuestion holds

Textmetadata
LicenceCC BY-NC-ND
Read underepoch 390

Registered trials

None linked

Read under generation 80e0d062 · epoch 390. Bibliography from PubMed, PubMed Central and OpenAlex; grants from NIH RePORTER; trial links from ClinicalTrials.gov; estimates, votes and beliefs from the OpenQuestion graph.