Heterogeneous Effects of Green Finance on Urban Decarbonization: Evidence from 285 Cities in China

Carbon emissions significantly contribute to climate change, and carbon credits have emerged as a key tool for mitigating environmental damage and helping organizations manage their carbon footprint. Despite their growing importance across sectors, fully leveraging carbon credits remains challenging. This study explores engineering practices and fintech solutions to enhance carbon emission management. We first review the negative impacts of carbon emission non-disclosure, revealing its adverse effects on financial stability and market value. Organizations are encouraged to actively manage emissions and disclose relevant data to mitigate risks. Next, we analyze factors influencing carbon prices and review advanced prediction algorithms that optimize carbon credit purchasing strategies, reducing costs and improving efficiency. Additionally, we examine corporate carbon emission prediction models, which offer accurate performance assessments and aid in planning future carbon credit needs. By integrating carbon price and emission predictions, we propose research directions, including corporate carbon management cost forecasting. This study provides a foundation for future quantitative research on the financial and market impacts of carbon management practices and is the first systematic review focusing on computing solutions and engineering practices for carbon credits.

Agentic AI systems act through tools and sub-agents, yet the controls meant to bound their financial and environmental cost still sit on dashboards evaluated beside or after execution. Green SARC applies the SARC governance-by-architecture framework -- four enforcement sites in the agent loop -- to FinOps and GreenOps, contributing the theory of what to enforce and how to predict it. We report four policy-independent results. (i) The unconstrained "State Snowball" is $Θ(n^2)$ in loop depth; on 3,000 real multi-step plans (SWE-rebench) it holds on 100%, with median curvature $\hat{c}_2=216$ exceeding the linear-accretion prediction $p/2=134$ -- real plans accrete faster than the model. (ii) On real residuals the Normal-$σ$ gate under-covers (92% at nominal 95%); split-conformal calibration holds (95.2%). (iii) A soft Lagrangian penalty tuned to the budget in expectation breaches it on 91.5% of seeds; the architectural gate breaches 0%. (iv) Under binding budgets the gate's over-budget incidence is 0% on synthetic and real (BurstGPT) arrivals. End-to-end token/USD/carbon savings (47--55%) are real but policy-dependent in magnitude -- set by a scope-cap knob, not by gate rejections. The library is open-source, dependency-free, and ships a regeneration script for every cited number.

Fine-scale socioeconomic information is often unavailable across rapidly ur-banizing regions of the developing world, like India, limiting the ability to delineate intra-urban variations in affluence and deprivation. This study pro-poses a scalable, grid-based urban delineation framework using building morphology derived from open-source satellite imagery. Urban areas across 59 Indian cities and towns are partitioned into high-resolution spatial grids and characterized using interpretable morphological indicators, which are combined into a transparent, rule-based scoring framework to delineate areas with contrasting levels of urban affluence. The resulting classifications are validated through ground-level Google Street View observations, revealing a sharp contrast between the grid classes which are consistent with the ex-pected effects of the lifestyle affluence indicators. We further investigate density-based clustering of building footprints in Mumbai to identify dense urban settlements, demonstrating that the resulting clusters exhibit substan-tial spatial overlap with known informal settlements across the city. Finally, we conduct an exploratory analysis mapping consumer loan delinquency across the derived affluence classes. By relying entirely on publicly available geospatial data, the proposed framework provides a scalable, interpretable, and cost-effective approach for granular urban affluence mapping across In-dian cities.