Research in brief: understanding the impact of environmental credit constraints (ECCs): insights from China

Governments worldwide are striving for sustainable development while grappling with the environmental consequences of rapid economic growth. China, like many other countries, has implemented various measures to curb environmental pollution. Among these, environmental credit constraints (ECCs) have emerged as one of the tools to influence firms’ behavior regarding pollution reduction. Research by experts from IÉSEG, Nanjing University of Finance & Economics, Nanjing Normal University and Anhui University of Finance and Economic, has analyzed their implementation in China to look at their impact on reducing pollution.

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