GX & Decarbonization Research

V. perera, Neel Wasantha, Tharindu Dissanayake +6

This study examines the impact of digital green finance (DGF) on corporate environmental performance (CEP) using a panel of 1,280 listed firms from nine economies (including Japan) from 2012 to 2024. Green finance improves CEP, but high eco…

Xingguang Li

This study examines the impact of the digital economy on urban carbon mitigation, focusing on the interplay of green finance and green technological advancement. Using Chinese city-level data, it finds that the digital economy reduces carbo…

Liam Clegg, Julio Galindo-Gutiérrez

This paper analyzes the impact of ECB liquidity operations on green bond market performance. It finds that the ECB Collateral Framework has an 'anti-green impact', demanding larger discounts on green bonds, which depresses the wider green b…

Xiaoyan Sun

This paper examines how green finance, particularly green bonds, affects the quality of corporate environmental disclosure in listed firms across China, Japan, South Korea, and India. Using a difference-in-differences approach, it finds tha…

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 …

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…

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…

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…

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…

Satya Pavan Kumar Ratnakaram, Qasim Albaqali, Huda Najjar +2

This chapter defines green finance, outlines its key components, and explains the symbiotic relationship with renewable energy. It analyzes instruments like green bonds and loans, global/regional investment trends, risk-return profiles, and…

Gabriela B.

This paper analyzes the policy, market, and climate change-related barriers hindering the scaling of green finance. It identifies institutional and structural impediments and provides strategic implications for overcoming them.

Liu M.

This systematic literature review synthesizes existing research on the impact of green finance on corporate green innovation. It organizes definitions, mechanisms, and empirical findings, identifying research gaps and future directions.

Chang L.

This paper examines whether green bonds yield real environmental benefits by analyzing issuer environmental performance and emission reductions, revealing effectiveness and challenges of green bonds as a climate finance instrument.

Abhilash A.

This paper provides a comprehensive review of green bond markets using a technology-driven systematic literature review. It synthesizes recent trends, challenges, and research gaps in green finance.

Mjadu L.

This paper compares green finance taxonomies in emerging and developed economies, analyzing the legal architecture of sustainable finance. It discusses differences in regulatory approaches and challenges for harmonization.

Azad M.A.K.

This paper revisits the current status of green and sustainable finance disbursement, offering policy insights. It examines how financial flows align with sustainability goals and suggests directions for future policy.

Li C.

This study examines the asymmetric impact of green finance on greenhouse gas emissions across the top ten green bond issuing countries. Using panel data and non-linear methods, it reveals that green finance reduces emissions more effectivel…

EHSAN RASOULINEZHAD, FARHAD TAGHIZADEH-HESARY

This paper analyzes the impact of green finance on energy efficiency, sustainable transition, and emission reduction in the top 10 green finance-supporting countries. Empirical results show that green finance significantly contributes to im…