1. This article examines the role of financial policy in economic low-carbon transformation from a growth perspective.
2. It is found that stronger financial constraints on clean (green) sectors relative to non-clean (non-green) sectors can delay the process of economic low-carbon transformation and lead to environmental degradation, and green financial policies can alleviate this constraint.
3. Green financial policies can increase the output of clean sectors, promote economic low-carbon transformation under certain conditions, and prevent environmental degradation.
The article is generally reliable and trustworthy as it provides a comprehensive analysis of the role of financial policy in economic low-carbon transformation from a growth perspective. The article is well researched and supported by theoretical proofs and numerical simulations. The authors provide evidence for their claims and explore counterarguments, making sure to present both sides equally. The article does not contain any promotional content or partiality, nor does it omit any potential risks associated with its findings. All in all, the article is an informative and balanced piece of research on the topic at hand.