GX & Decarbonization Research

Shiva Balliram, Eduardo Pereira, Mostapha Al-Masry

This paper analyzes the disparity between climate finance contributions and military spending by major polluters, with a focus on the Climate Loss and Damage Fund (CLDF) established at COP27/COP28. It highlights the need for innovative fina…

Xiaoyan Sun

This paper examines how green finance, particularly green bonds, affects the quality of corporate environmental disclosure in listed firms across China, Japan, South Korea, and India. Using a difference-in-differences approach, it finds tha…

Abdullah Almutairi

This study examines the impact of climate change disclosure on the cost of debt using a sample of 83 Egyptian listed firms. It finds that climate change disclosure reduces the cost of debt, and that political connections and ESG disclosure …

Naima Lassoued, Imen Khanchel

This study uses a panel smooth transition regression model to demonstrate that greenhouse gas emissions have asymmetric effects on stock liquidity. Increased emissions reduce liquidity, but the magnitude varies with firm characteristics and…

Yunling LI, Seong Hun YOO

This paper examines how Chinese development finance affects greenhouse gas emissions in recipient countries, highlighting heterogeneity based on political regimes. It finds that democratic institutions enhance the emission-reducing effects,…

Kubiliūtė, Dalia

This article examines the legal challenges of regulating financial service providers in the context of climate change, focusing on EU's SFDR and CSRD. It analyzes the balance between long-term societal benefits and compliance burdens, argui…

Yuhan Liu

This study examines whether ESG performance influences industry allocation in private equity (PE) investments under decarbonization targets. Using industry-level ESG indicators and PE data, it finds heterogeneous allocation patterns, partic…

Leandro, Aline

This paper analyzes the impact of carbon credit tokenization on sovereign debt risk and institutional credibility, using Brazil's NTN-G (Green Treasury Note) as a case. It shows how environmental performance affects sovereign bond pricing t…

Jixu Zhu, Siyuan Liu

This study evaluates the causal impact of China's 2017 Green Finance Pilot Zone policy on sustainable land management, using a two-way fixed effects model. It finds that the policy significantly reduced fertilizer intensity in pilot regions…

Delkaso, Paul

GEST is a capital structuring doctrine that integrates five layers (sovereign concessional finance, policy-linked instruments, private institutional capital, carbon monetization under Article 6, and structured yield enhancement) to address …

ZAATIR Syrine, Houssam BOUZGARROU

This study examines how environmental regulation moderates the effect of green-sector venture capital (VC) on CO₂ emissions in 21 European countries from 2007 to 2021. Using FGLS and GMM estimations, it finds that VC investments significant…

(著者不明)

This study assesses Bangladesh Bank's readiness to shift from a green banking framework to a sustainable central banking model. Through comparative analysis with the ECB and PBoC, it identifies a lack of advanced risk management tools such …

Riku Kobayashi, Mio Tanaka

This review synthesizes international evidence on how ESG factors and green development policies drive long-run economic resilience through productivity, innovation, risk reduction, and investment stabilization. It consolidates theoretical …

Patel, Shaazmeen Zaheer Ahmed, Saraf, Aparna

This paper examines the role of green financing in promoting sustainable startups in India, focusing on renewable energy, clean tech, and sustainable agriculture. It highlights India's need for over $10 trillion investment to achieve net-ze…

F. Nishonov

This paper provides an economic analysis of innovative financial mechanisms—green bonds, sustainability-linked lending, carbon pricing, ESG-driven capital allocation, and blended finance—for financing renewable energy and green economy proj…

P. A. Manisha, H. P. Ramya

Green financial innovations such as green bonds and ESG investing are reshaping markets to manage climate risk and fund low-carbon infrastructure. Policy frameworks like the EU Taxonomy enhance transparency, but greenwashing and inconsisten…

ADANAN SILABAN, SUNDAY ADE SITORUS, Raya Panjaitan +1

This study examines how sustainable finance impacts financial inclusion and green accounting in 30 Indonesian renewable energy firms using PLS-SEM. Results show sustainable finance significantly enhances green accounting adoption and financ…

B.D. Mishra, Aakash Sharma, Ayush Chandra Dubey +1

This study analyzes the relationship between green finance issuance and renewable energy capacity in India from 2018-24. While non-renewable capacity stagnates, green finance shows a strong positive correlation with clean energy growth, sug…

Yiqing Jia, Congyu Zhao, Farhad Taghizadeh-Hesary

This study empirically examines the impact of green finance on urban net-zero energy transitions using a panel of 272 Chinese cities from 2006-2019. Employing a 2SIV-GMM approach, it finds green finance significantly accelerates transitions…

Meryem Raissi

This study uses PCA on 30 countries' green finance, ESG, innovation indicators to identify three typologies: sustainability-driven, tech-driven, and lagging economies. It finds institutional quality mediates the relationship between green f…