GX & Decarbonization Research

Alejandro J. Useche, Marta Sánchez‐Sancho, Jennifer Martínez‐Ferrero +1

This study examines whether ownership by socially responsible investors (SRIs) enhances firms' resilience to climate shocks using a panel of European firms (2018-2022). SRI ownership is associated with lower stock return sensitivity to clim…

Prasanna Shripad Choudhari

This paper reviews the evolution of green finance in India, covering instruments like green bonds, policy frameworks, and challenges. It finds notable progress but significant gaps in funding, regulation, and implementation.

Rasulov, Abdujabar, Raxmonova, Komila

This paper compares green investment evaluation methodologies in the US, EU, South Korea, and China, finding convergence around TCFD and ISSB standards. A case study of a solar plant in Uzbekistan shows that including the social cost of car…

Ewa Dziwok, Aleksandra Ferens

This paper examines the relationship between climate risk identification and declared ESRS E1 disclosure scope, proposing a Climate Reporting Readiness Index (CRRI). Findings show a negative association between risk identification breadth a…

Jiao Xue, Rui Guo

This study examines whether management's perception of climate transition risks promotes or inhibits corporate green innovation. Using empirical analysis, it investigates the relationship and provides insights for corporate risk management …

Jing Tong, Regina Mulunda, Joel Victor Dossa

This study examines how financial inclusion affects carbon intensity in 35 Sub-Saharan African countries from 2000-2022, focusing on the mediating role of technological innovation. Using panel data and robust econometrics, it finds that gre…

Helu Liu, Lefen Lin

Using provincial panel data from China, this study shows that green finance significantly reduces trade-embodied carbon in manufacturing, with stronger effects in domestic trade and energy-intensive industries, operating through technologic…

Nour ABDRASSOUL

This paper evaluates the Congo Basin Blue Fund, a climate finance mechanism in Central Africa. Using literature review and case studies, it finds that the fund mobilizes international financing and promotes multi-stakeholder governance, but…

Jose Ramon Albert, Sonny Domingo, Deanne Lorraine Cabalfin +2

This Policy Note assesses the macroeconomic, fiscal, and financial stability risks of climate change for the Philippines, projecting significant GDP losses by 2040. It identifies a widening gap between climate commitments and implementation…

Davis Brian

This study examines climate-induced risks to asset-backed securities, identifying inadequate disclosure, mispricing, and regulatory fragmentation as key vulnerabilities. It advocates for policy reforms that integrate climate risk assessment…

Ms. Fareeda

This study examines the role of Digital Public Infrastructure (DPI) as a catalyst for sustainable finance in India. Combining secondary analysis of green bond trends (2020–2025) and a survey of 200 retail investors, it finds that the Unifie…

Jian Liu, Yongge Fu, Yan Chen

This paper examines the interaction between financial institutions' tail risk and investor sentiment in the context of green transition and financial innovation, using the TENET model and variance decomposition method. Findings show that ri…

Nathan de Arriba-Sellier

This paper examines green taxonomies as instruments for system change, highlighting their role as legal dictionaries for sustainable activities. It analyzes regulatory divides in sustainable finance, questioning whether taxonomies will be i…

Binglong Zhao, Vesarach Aumeboonsuke, Jiafu Su

This paper empirically analyzes how digital finance reduces carbon emissions using coverage, depth, and digitalization level as independent variables, green technology innovation as a mediator, and traditional financial support as a moderat…

Xue Lei, S. I. Khattak, Abroon Qazi +1

Using panel data from 12,101 firm-years across China's eight key emission sectors (2014-2024), this study finds that firms centrally positioned in analyst climate coverage networks produce more green patents. Three pathways drive this: reso…

Shikha Daga, Kiran Yadav, Pardeep Singh +1

This paper provides a comprehensive analysis of the current perspectives and future projections of green finance. While specific findings are not available, it likely discusses the importance of environmentally conscious finance.

Jeongdae Yim, Su‐Yol Lee

Using Korean panel data, this study finds that green patenting reduces the cost of equity, especially for carbon- and energy-intensive firms. The effect is driven by reduced information asymmetry, highlighting green innovation as a signal t…

Alexander Schoeffel, Lukas Mueller, Florian Kiesel +2

This paper empirically examines the relationship between corporate carbon intensity disclosure and credit spreads, finding that firms with higher carbon intensity face higher borrowing costs. The results highlight the financial market impli…

Monica Singhania, Renuka Prasad

This study examines the impact of mitigation and adaptation climate finance on multiple environmental indicators across 33 Asian economies (2000-2021). Using dynamic panel GMM, it finds adaptation finance significantly reduces methane and n…

Gajanan Haldankar, Sheetal Arondekar, Swati Bhat +1

This study surveys 200 Indian public bank employees to analyze how green banking initiatives affect banks' environmental performance, with green finance as a mediator. Results show that green banking positively influences both green finance…