气候变化领域集成服务门户(CCPortal): Green finance and renewable energy: A worldwide evidence

CCPortal

DOI	10.1016/j.eneco.2022.106499
	Green finance and renewable energy: A worldwide evidence
	Alharbi, Samar S.; Al Mamun, Md; Boubaker, Sabri; Rizvi, Syed Kumail Abbas
发表日期	2023
ISSN	0140-9883
EISSN	1873-6181
卷号	118
英文摘要	Using a large sample of 44 countries for 2007-2020, we provide evidence that green finance (green bonds) significantly fosters renewable energy production. Our results are robust to addressing cross-sectional depen-dence concerns, allowing structural breaks, and using several alternative specifications and estimation methods. Compared to our baseline findings, the effect is higher for green bonds issued to finance alternative energy. We also find that the existing stock of technological capacity significantly fosters the impact of green finance on renewable energy production, particularly in the long run. The long-run impact of green finance is significant in countries with higher emissions per dollar GDP, higher levels of climate change exposure to the economy and human life, and better-developed credit markets. The effect is more pronounced in countries with low or net zero emission targets and following the post-Paris 2015 agreements.
英文关键词	Renewable energy; Common correlated effects pooled (CCEP); Green finance; Innovation
语种	英语
WOS研究方向	Economics
WOS类目	Social Science Citation Index (SSCI)
WOS记录号	WOS:000918087200001
来源期刊	ENERGY ECONOMICS
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/281365
作者单位	Saudi Electronic University; La Trobe University; Vietnam National University Hanoi; Swansea University; Lahore University of Management Sciences
推荐引用方式 GB/T 7714	Alharbi, Samar S.,Al Mamun, Md,Boubaker, Sabri,et al. Green finance and renewable energy: A worldwide evidence[J],2023,118.
APA	Alharbi, Samar S.,Al Mamun, Md,Boubaker, Sabri,&Rizvi, Syed Kumail Abbas.(2023).Green finance and renewable energy: A worldwide evidence.ENERGY ECONOMICS,118.
MLA	Alharbi, Samar S.,et al."Green finance and renewable energy: A worldwide evidence".ENERGY ECONOMICS 118(2023).