Impact of the Construction of Ecological Civilization Demonstration Areas on Carbon Emission Intensity

Abstract

The development path from attaching importance to environmental protection to the theory of ecological conservation, then to piloting ecological civilization demonstration areas, marks that China’s ecological conservation has gradually moved from theoretical construction to practical exploration, based on the new idea that “lucid waters and lush mountains are invaluable assets.” It is still an ordeal for China’s ecological conservation in the context of global warming how to reduce carbon emission intensity while maintaining sustained economic growth. Under the dual constraints of peaking carbon dioxide emissions before 2030 and achieving carbon neutrality before 2060 (“dual carbon” goals), this paper employs the five national ecological civilization pilot demonstration areas (ECDAs) established in 2014 as quasi-natural experiments based on the panel data of 30 Chinese provincial regions from 2003 to 2019. Based on the analysis of the policy implementation background and the theoretical mechanism of its impact on carbon emission intensity, the synthetic control method and difference in differences method are adopted to test the impact of the construction of ECDAs on carbon emission intensity and examine the spatial spillover effect of the pilot policies. The study shows that the construction of ECDAs has significantly reduced carbon emission intensity as a whole, especially in Fujian, Guizhou, and Yunnan Provinces. Moreover, the conclusions successfully pass the robustness test. The mechanism analysis results demonstrate that the construction of ECDAs can lower carbon emission intensity through the positive incentives from boosting technological progress and developing green finance, and the reversal pressure mechanism of optimizing the energy structure and improving the market segmentation. The analysis results of the spatial spillover effect indicate that the construction of ECDAs plays a significant role in reducing carbon emission intensity in the region and its adjacent areas. Therefore, China should introduce ECDAs and the experience gained to more regions. Meanwhile, China should spare no effort to seek multi-dimensional paths to reduce carbon emissions in view of regional differences in green development, and strengthen cross-regional communications and cooperation to realize the goals of carbon emission reduction.

Keywords

construction on ecological conservation, carbon emission intensity, synthetic control method (SCM), difference in differences (DID) model, policy spillover

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Higher Education Press