气候变化领域集成服务门户(CCPortal): Does green finance really deliver what is expected? An empirical perspective

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DOI	10.1016/j.bir.2021.07.006
	Does green finance really deliver what is expected? An empirical perspective
	Khan, Muhammad Asif; Riaz, Hammad; Ahmed, Masood; Saeed, Abubakr
发表日期	2022
ISSN	2214-8450
EISSN	2214-8469
起始页码	586
结束页码	593
卷号	22 期号:3
英文摘要	Coupled with adopting the United Nations Sustainable Development Goals and the Paris Climate Agreement, the Asian Development Bank (ADB) role may not be overlooked. The ADB took substantial measures to ensure environmentally sustainable growth in Asia and the Pacific. They include climate change finance, that is a joint project of the ADB and the Global Environment Facility. One of its components is climate mitigation finance, which consists of the investment process that supplies funds to achieve environmental sustainability in the region. Considering the evolving role of green finance, this study quantifies green finance as climate mitigation finance and examines its impact on the ecological footprint across twenty-six economies in the Asian region. To do so, we use an ordinary least squares baseline model, followed by fixed-effects estimation. Our empirical findings show that green finance reduced the ecological footprints, and it appears environmentally friendly. From the Asian perspective, in particular, green finance delivers as anticipated. Moreover, the findings are robust to using alternative measures and estimation strategies, and they should motivate policymakers to continue investing in climate finance. Copyright (C) 2021, Borsa _Istanbul Anonim S , irketi. Production and hosting by Elsevier B.V.
英文关键词	Asia; Climate mitigation finance; CO2 emissions; Ecological footprints; Green finance
语种	英语
WOS研究方向	Business, Finance ; Economics
WOS类目	Social Science Citation Index (SSCI)
WOS记录号	WOS:000806363300015
来源期刊	BORSA ISTANBUL REVIEW
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/280536
作者单位	COMSATS University Islamabad (CUI)
推荐引用方式 GB/T 7714	Khan, Muhammad Asif,Riaz, Hammad,Ahmed, Masood,et al. Does green finance really deliver what is expected? An empirical perspective[J],2022,22(3).
APA	Khan, Muhammad Asif,Riaz, Hammad,Ahmed, Masood,&Saeed, Abubakr.(2022).Does green finance really deliver what is expected? An empirical perspective.BORSA ISTANBUL REVIEW,22(3).
MLA	Khan, Muhammad Asif,et al."Does green finance really deliver what is expected? An empirical perspective".BORSA ISTANBUL REVIEW 22.3(2022).