GX & Decarbonization Research

Jesse Burton, Andrew Marquard, Tara Caetano +16

This report assesses the investment needed to achieve the lower end of South Africa's 2035 NDC mitigation target, estimating cumulative investment requirements of R3.47 trillion (2022 ZAR) over 2026-2035, or about R350 billion per year. Com…

Boutron-Löchen, Philippe

This paper proposes a novel sanction mechanism—Decarbonized Dividend Shares (DDS)—that retains shareholder distributions inside the firm when decarbonization targets are missed, contrasting with carbon charges that extract cash. Conversion …

K. Oyediji

This paper proposes a conceptual framework for capital allocation and portfolio optimization in infrastructure and energy finance, integrating financial theory, risk management, and sustainability principles. It addresses climate transition…

Sen Batu Yang, Maxime Sauzet

This paper develops a general equilibrium asset-pricing model with heterogeneous investors and workers to analyze fiscal policy for a just transition. It finds dividend taxation is most effective for reallocating capital to green firms whil…

Alie Asanova Borizanova

This report analyzes the impact of the EU Taxonomy on the banking sector, examining its regulatory foundations and practical implications. It highlights new reporting obligations, changes in risk management, integration of ESG factors, and …

Ka Wah Philip Ng

Hong Kong has a dormant sukuk market despite a legal framework. This paper argues that record global sukuk issuance, ESG sukuk growth, and Hong Kong's green finance infrastructure (taxonomy, tokenized bonds) create a policy window. It propo…

(著者不明)

This paper examines the evolution of theoretical approaches to optimizing the funding structure of transport enterprises in the context of green transport transition. It analyzes the shift from classical cost-of-capital minimization models …

Windiani Windiani, Dhofirotun Nadifah, Muhammad Saiful Hakim +1

This study maps research on integrating Sharia principles, sustainability, and energy business models using bibliometric and systematic review. Analyzing 112 Scopus publications (2013-2025), it identifies seven clusters including ESG govern…

Uzzaman, Md. Arif-

This report compares sustainable finance approaches across China, Japan, Singapore, Indonesia, Bangladesh, and Mongolia, proposing a Three-Model Framework (Capital-Market, Command-Control, Concentration-Risk). Each model has unique weakness…

Janis P. Sarra, ALEXANDER Sarradavis

In April 2026, Canada announced the creation of the Taxonomy and Transition Planning Council (TTPC) with two years of funding to develop a sustainable finance taxonomy. This article examines three leading jurisdictions and proposes six core…

Radhika, Sushila Soriya

This paper provides a comprehensive bibliometric analysis of research on financing energy transition, revealing trends, key themes, and collaboration networks. It highlights the evolution of financing mechanisms and suggests future research…

Caleb A. Adeniji, Akorede O. Joledo, Dillinna Lucy Nwobi +2

Western MDBs' ESG-driven divestment from African hydrocarbon projects has created a $41 billion annual financing gap. This study evaluates the African Energy Bank (AEB), finding its $5 billion capitalization covers 12-37% of the gap. It rec…

Tafese Niguse, Priyanka Gupta

This paper argues that the convergence of FinTech and sustainability is promising for climate action, highlighting green credit as a mechanism to channel private capital into environmentally friendly projects such as renewable energy, clean…

Michael König, Mathias Grimm Bertello, Carola Menzel

This paper examines how transition finance is situated within regulatory frameworks, focusing on the role of policy and regulation in financing climate action, with implications for corporates and financial institutions.

Shen Z.

This paper empirically analyzes the impact of green finance policies on greenhouse gas emissions reduction using Chinese manufacturing data. It evaluates policy effectiveness and discusses the role of financial policies in climate mitigatio…

Shiu-Chieh Chiu, Yuqi Li, Ching-Hui Chang +1

This paper develops a contingent-claim framework linking a thermal power producer under carbon pricing with an insurer as a transition-finance channel. It shows that efficiency technologies (biomass cofiring, CHP, CCS) and predictable elect…

Ali Faridzad, Nivakan Sritharan

This study develops a sectoral input-output framework integrating carbon intensity and Hypothetical Extraction Centrality to estimate indicative green finance thresholds for Malaysia's net-zero transition. Electrical and optical equipment e…

Ewelina Sokołowska, Magdalena Olczyk

This book frames the green transition as a systemic process shaped by institutional capacity, political economy, and financial architecture, beyond technology and carbon pricing. It analyzes policy mixes, indicators, de-risking, market-maki…

Anim-Sampong SD, Abuanor P, Mensah-Bonsu KS

The U.S. clean energy manufacturing sector covers only 26-45% of domestic demand for wind blades, solar cells, and battery cells by 2030-35, while China dominates 60-80% of global markets. This paper proposes the Clean Energy Manufacturing …

Shuhan Cao

Using the green finance reform pilot zones as a quasi-natural experiment, this study employs DID on panel data from 814 listed high-energy-consuming firms (2011-2024). While average treatment effects are insignificant, heterogeneity analysi…