气候变化领域集成服务门户(CCPortal): Green finance and decarbonization: Evidence from around the world

CCPortal

DOI	10.1016/j.frl.2022.102807
	Green finance and decarbonization: Evidence from around the world
	Al Mamun, Md; Boubaker, Sabri; Duc Khuong Nguyen
发表日期	2022
ISSN	1544-6123
EISSN	1544-6131
卷号	46
英文摘要	This paper studies the effect of green finance on decarbonization. Using a large sample of 46 countries, we show that green finance significantly reduces carbon emissions in the short and long run. This effect is driven by green bonds issued to support waste and pollution control and improve energy efficiency. The impact of green finance on carbon emissions is more pronounced in developed credit markets and economies with higher innovation success and higher climate change exposure. Our results are robust under the conditions of short-run and long-run homogeneity and the cross-sectional dependence in the sample.
英文关键词	Green finance; Green bonds; Credit and equity markets; Carbon emissions; Innovation
语种	英语
WOS研究方向	Business, Finance
WOS类目	Social Science Citation Index (SSCI)
WOS记录号	WOS:000817090100009
来源期刊	FINANCE RESEARCH LETTERS
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/280716
作者单位	La Trobe University; Vietnam National University Hanoi; IPAG Business School; Prague University of Economics & Business
推荐引用方式 GB/T 7714	Al Mamun, Md,Boubaker, Sabri,Duc Khuong Nguyen. Green finance and decarbonization: Evidence from around the world[J],2022,46.
APA	Al Mamun, Md,Boubaker, Sabri,&Duc Khuong Nguyen.(2022).Green finance and decarbonization: Evidence from around the world.FINANCE RESEARCH LETTERS,46.
MLA	Al Mamun, Md,et al."Green finance and decarbonization: Evidence from around the world".FINANCE RESEARCH LETTERS 46(2022).