GX & Decarbonization Research

Riku Kobayashi, Mio Tanaka

This review synthesizes international evidence on how ESG factors and green development policies drive long-run economic resilience through productivity, innovation, risk reduction, and investment stabilization. It consolidates theoretical …

Patel, Shaazmeen Zaheer Ahmed, Saraf, Aparna

This paper examines the role of green financing in promoting sustainable startups in India, focusing on renewable energy, clean tech, and sustainable agriculture. It highlights India's need for over $10 trillion investment to achieve net-ze…

F. Nishonov

This paper provides an economic analysis of innovative financial mechanisms—green bonds, sustainability-linked lending, carbon pricing, ESG-driven capital allocation, and blended finance—for financing renewable energy and green economy proj…

P. A. Manisha, H. P. Ramya

Green financial innovations such as green bonds and ESG investing are reshaping markets to manage climate risk and fund low-carbon infrastructure. Policy frameworks like the EU Taxonomy enhance transparency, but greenwashing and inconsisten…

ADANAN SILABAN, SUNDAY ADE SITORUS, Raya Panjaitan +1

This study examines how sustainable finance impacts financial inclusion and green accounting in 30 Indonesian renewable energy firms using PLS-SEM. Results show sustainable finance significantly enhances green accounting adoption and financ…

B.D. Mishra, Aakash Sharma, Ayush Chandra Dubey +1

This study analyzes the relationship between green finance issuance and renewable energy capacity in India from 2018-24. While non-renewable capacity stagnates, green finance shows a strong positive correlation with clean energy growth, sug…

Yiqing Jia, Congyu Zhao, Farhad Taghizadeh-Hesary

This study empirically examines the impact of green finance on urban net-zero energy transitions using a panel of 272 Chinese cities from 2006-2019. Employing a 2SIV-GMM approach, it finds green finance significantly accelerates transitions…

Meryem Raissi

This study uses PCA on 30 countries' green finance, ESG, innovation indicators to identify three typologies: sustainability-driven, tech-driven, and lagging economies. It finds institutional quality mediates the relationship between green f…

Pragya Dheer, Alka Sharma

This chapter systematically reviews the theoretical foundations and recent trends in sustainable finance, introducing a four-pillar 'Sustainable Finance Ecosystem' covering green instruments, ESG integration, impact investing, and regulator…

Adam Latif, Zaäfri A. Husodo, Nur Dhani Hendranastiti

This paper examines whether green sukuk (Islamic bonds for green projects) can bridge faith-based finance and global green capital markets. Using Indonesia's sovereign green sukuk program and a global dataset of 5,391 sukuk issues (1990-202…

Sanusi Fattah, Hamrullah Hamrullah, Sri Undai Nurbayani +2

This study analyzes the relationship between green finance, sustainable development, and eco-friendly policies in BRICS countries and Indonesia from 1990 to 2023 using panel data methods. Clean energy financing consistently drives green fin…

Safdar S.

This paper analyzes green finance instruments (bonds, loans) and their impact on economic and environmental goals. It evaluates their effectiveness in emission reductions and renewable energy investment, concluding that policy support and t…

Saeed Meo M.

This study empirically analyzes the impact of green finance on CO2 emission reductions using panel data. Findings show that green finance instruments significantly reduce emissions, with implications for policy and investment strategies.

Zhou X.

This paper empirically analyzes the integration of digitalization and green finance for sustainable and resilient manufacturing and service operations in China. It examines how digital technologies complement green finance to improve enviro…

Gibon T.

This paper uses life cycle assessment to evaluate the environmental impacts of renewable energy projects financed by green bonds, questioning the actual 'greenness' beyond the label and contributing to the credibility of green finance.

Xie W.

This paper analyzes the role and impact of green finance instruments in Russia-China trade relations, highlighting the importance of finance in transitioning towards sustainable trade.

Zhang X.

This paper empirically analyzes the impact of green finance and financial innovation on environmental performance in four Asian developing economies. Findings suggest that green finance significantly contributes to carbon emission reduction…

Vikas Sharma, Tarun Kumar Vashishth, Anuj Kumar +4

This chapter argues that sustainable financial products like green bonds and ESG frameworks act as climate risk management tools by linking finance flows to climate outcomes. It examines the growth and potential of green bonds for renewable…

Janik B.

This paper examines green bonds as a driving force for environmental performance from a European perspective. It analyzes how green bond issuance influences environmental outcomes, highlighting the role of climate finance in decarbonization…

Jóźwik B.

This study analyzes the impact of green bond issuance and energy consumption on CO2 emissions across 17 financially developed countries from 2014 to 2023. Empirical findings suggest that green bonds contribute to emission reductions, highli…