The Effectiveness of Training and Development on Positive Harnessing Digital Finance for Sustainable Development in Developing Economy

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Digital technology has been instrumental in reducing carbon emissions and reducing the consequences of climate change. The broad use of digital technology has reduced carbon emissions while also improving the efficiency with which energy and other resources are used. This paper examines the influence of digital finance on carbon emissions and the impact mechanism using data from the Chinese provincial panel collected between 2015 and 2023. These results show the potential advantages of integrating inclusive financing with digital technology to reduce carbon emissions. Carbon emissions have decreased because of digital finance's promotion of the development of ecologically friendly technology. Additionally, digital finance targets credit resources towards environmentally friendly businesses, improving the efficiency of green credit allocation and reducing emissions even more. This study considers each province's market environment and energy endowment, and it concludes that regions with strong local financial oversight, high environmental inclinations, and ample energy endowments benefit more from the carbon emission reduction impact of digital banking.