Advances in Economics and Business Vol. 11(2), pp. 19 - 29
DOI: 10.13189/aeb.2023.110201
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A New Framework for Fujian's "Double Carbon" Strategy Based on Digital Finance Theory

Sheng Wang ^1,2,*
1 Department of Finance, School of Finance and Accounting, Fuzhou University of International Studies and Trade, China
² America Consulting Group, Inc., 2955 Grand Concourse, Bronx, NYC, NY10468, USA

ABSTRACT

So far, there is no realistic and feasible path way to achieve the "double carbon" strategy of carbon peaking and carbon neutralization in Fujian, although everyone is focusing on tapping the potential of traditional energy such as hydropower and thermal power generation models, developing and utilizing new energy such as wind energy, solar energy, nuclear energy and other renewable energy utilization models, and reforming and improving the green environment. However, the existing energy utilization model and environmental improvement model still have a big gap to achieve the "double carbon" strategy on schedule. By establishing digital finance theory, from the perspective of financial inclusiveness characteristics of digital finance to solving the thorny problem of "financing constraints" in traditional finance, this paper aims to fully utilize small and medium-sized wind energy with huge amount and wide distribution on the surface, break through the shortcomings of existing wind energy utilization models, accelerate the process of technological innovation, and gradually step on the road to achieving the "double carbon" strategic goal of Fujian in the foreseeable future decades along a feasible way, forming a new framework for the strategy. That is, the new path guidance diagram is implemented. Digital finance theory refers to the theory that studies the dynamic relationship between the closed-loop or multi link jump movement of digital finance and the projection radiation of financial activities. Digital finance theory, almost a non-dissipative system, is a new stage in the development of traditional financial theory, which is a new financial theory based on digital technology, big data, blockchain and many other cutting-edge technologies today.

KEYWORDS
Finance, Digital Finance/Financial Theory, Utilization of Small and Medium-Sized Wind Energy, Technological Innovation, Magnetic Energy

Cite This Paper in IEEE or APA Citation Styles
(a). IEEE Format:
[1] Sheng Wang , "A New Framework for Fujian's "Double Carbon" Strategy Based on Digital Finance Theory," Advances in Economics and Business, Vol. 11, No. 2, pp. 19 - 29, 2023. DOI: 10.13189/aeb.2023.110201.

(b). APA Format:
Sheng Wang (2023). A New Framework for Fujian's "Double Carbon" Strategy Based on Digital Finance Theory. Advances in Economics and Business, 11(2), 19 - 29. DOI: 10.13189/aeb.2023.110201.