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DOI10.1016/j.enpol.2019.02.023
The impact of climate funds on economic growth and their role in substituting fossil energy sources
Carfora, Alfonso1; Scandurra, Giuseppe2
发表日期2019
ISSN0301-4215
EISSN1873-6777
卷号129页码:182-192
英文摘要

In recent years, the climate funds stood out as tool to counter the climate change and its environmental impact financing adaptation. Moreover they represent an instrument to promote practices to support the developing countries in their path towards the sustainability.


The aim of this paper is to evaluate the effectiveness of the introduction of policies implementing the use of climate funds. To reach it we analyze the funds received by the recipient through a counterfactual analysis. The results show that the policy contributed to the decreasing of greenhouse gas (GHG) emissions and promoted the change in generation energy systems supporting the replacement of fossil sources with renewable sources. Moreover, in these countries highlights the leverage effect of the climate finance for the economic development.


WOS研究方向Business & Economics ; Energy & Fuels ; Environmental Sciences & Ecology
来源期刊ENERGY POLICY
文献类型期刊论文
条目标识符http://gcip.llas.ac.cn/handle/2XKMVOVA/98696
作者单位1.Italian Revenue Agcy, Via Cristoforo Colombo 426, I-00145 Rome, Italy;
2.Univ Naples Parthenope, Dept Management Studies & Quantitat Methods, Via Gen Parisi 13, I-80132 Naples, Italy
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GB/T 7714
Carfora, Alfonso,Scandurra, Giuseppe. The impact of climate funds on economic growth and their role in substituting fossil energy sources[J],2019,129:182-192.
APA Carfora, Alfonso,&Scandurra, Giuseppe.(2019).The impact of climate funds on economic growth and their role in substituting fossil energy sources.ENERGY POLICY,129,182-192.
MLA Carfora, Alfonso,et al."The impact of climate funds on economic growth and their role in substituting fossil energy sources".ENERGY POLICY 129(2019):182-192.
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