4.7 Article

Regional aspects of financial development and renewable energy: A cross-sectional study in 214 countries

相关参考文献

注意:仅列出部分参考文献,下载原文获取全部文献信息。
Article Environmental Sciences

The energy consumption: the global contributions from financial development and institutions

Canh Phuc Nguyen et al.

Summary: This article investigates the influences of financial development and institutional quality on global energy consumption, finding that financial development leads to higher energy consumption and institutional quality can reverse this effect.

ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH (2022)

Article Business

Does development of renewable energy reduce energy intensity? Evidence from 82 countries

Shiwei Yu et al.

Summary: The study found that increasing renewable energy development has a significant impact on reducing energy intensity, while economic development and non-renewable energy consumption structure have different effects on energy intensity. In order to improve the technical content of international trade products, all countries should increase renewable energy consumption.

TECHNOLOGICAL FORECASTING AND SOCIAL CHANGE (2022)

Article Geosciences, Multidisciplinary

Financial development and environmental degradation: Do human capital and institutional quality make a difference?

Mahmood Ahmad et al.

Summary: This study examines the impact of financial development, human capital, and institutional quality on the ecological footprint in emerging countries. The research reveals that financial development increases the ecological footprint, while human capital and institutional quality reduce it.

GONDWANA RESEARCH (2022)

Article Environmental Sciences

Analysis of the dynamics of environmental degradation for 18 upper middle-income countries: the role of financial development

Murat Cetin et al.

Summary: This study investigates the dynamics of environmental degradation by focusing on the relationship between financial development and CO2 emissions. The findings suggest that financial development and renewable energy consumption can reduce CO2 emissions, while economic growth, urbanization, and trade openness worsen environmental quality. The causal linkages between variables indicate a one-way causality from renewable energy consumption to CO2 emissions, and a bidirectional causality between financial development and CO2 emissions. The empirical results provide policy suggestions for reducing CO2 emissions in these countries.

ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH (2022)

Article Green & Sustainable Science & Technology

The nexus between urbanization, renewable energy consumption, financial development, and CO2 emissions: evidence from selected Asian countries

Ahsan Anwar et al.

Summary: This study explores the impact of urbanization, renewable energy consumption, financial development, agriculture, and economic growth on CO2 emissions in 15 Asian economies from 1990 to 2014. The results suggest that urbanization, financial development, and economic growth increase CO2 emissions, while renewable energy consumption reduces CO2 emissions, with agriculture having an insignificant impact. The study recommends a comprehensive SDG-oriented policy framework for these economies to progress towards achieving SDG 13 and SDG 7 objectives, contributing to the literature by including economic growth and its drivers.

ENVIRONMENT DEVELOPMENT AND SUSTAINABILITY (2022)

Article Social Issues

Financial inclusion and the environmental deterioration in Eurozone: The moderating role of innovation activity

Zeeshan Fareed et al.

Summary: This study investigates the relationship between financial inclusion and environmental degradation and finds that innovation activity plays an important role in moderating this relationship. The findings show that financial inclusion leads to environmental deterioration in the Eurozone, but innovation activity can mitigate these negative effects. Additionally, economic growth and renewable energy consumption have positive and negative impacts on environmental pollution, respectively.

TECHNOLOGY IN SOCIETY (2022)

Article Environmental Sciences

Linking Financial Development and Environment in Developed Nation Using Frequency Domain Causality Techniques: The Role of Globalization and Renewable Energy Consumption

Sara Mosleh et al.

Summary: This research evaluates the impact of globalization, energy consumption, and financial development on CO2 emissions in Japan. The findings suggest that globalization and renewable energy contribute to the reduction of CO2 emissions, while fossil fuel, economic growth, and financial development lead to an increase in CO2 emissions. The study also highlights that all exogenous variables can forecast CO2 emissions in the long term, implying that policies based on these variables will have an impact on CO2 emissions.

FRONTIERS IN ENVIRONMENTAL SCIENCE (2022)

Article Business, Finance

Pricing of Green Labeling: A Comparison of Labeled and Unlabeled Green Bonds

Suk Hyun et al.

Summary: The study found that unlabeled green bonds are likely to have higher yields, despite unlabeled and labeled green bonds having the same characteristics.

FINANCE RESEARCH LETTERS (2021)

Article Energy & Fuels

The cost of debt of renewable and non-renewable energy firms

Karol Kempa et al.

Summary: The study found that as technologies and markets mature, the cost of debt of renewable energy firms gradually decreases, giving them a cost advantage over time. Additionally, renewable energy firms have lower debt costs in economies with a more developed banking sector and stricter environmental policies.

NATURE ENERGY (2021)

Article Environmental Sciences

Fostering green development with green finance: An empirical study on the environmental effect of green credit policy in China

Shengling Zhang et al.

Summary: The Green Credit Policy (GCP) has significant effects on the investment and financing behavior of high energy consumption and high pollution enterprises, as well as environmental quality. It provides short-term incentives for financing behavior but may have punitive effects in the long term. Additionally, it contributes to the mitigation of emissions such as sulfur dioxide and wastewater. Regional heterogeneity exists in the policy effects, with more positive impacts seen in the eastern and western regions compared to the central region.

JOURNAL OF ENVIRONMENTAL MANAGEMENT (2021)

Article Green & Sustainable Science & Technology

The effect of financial development on renewable energy demand: The case of developing countries

Muhammad Shahbaz et al.

Summary: This study examines the impact of financial development on renewable energy consumption in upper middle income developing countries, finding that financial development increases the demand for renewable energy. Economic growth has a negative effect on renewable energy consumption, while consumer prices have a statistically insignificant impact.

RENEWABLE ENERGY (2021)

Article Business, Finance

Does digital finance promote manufacturing servitization: Micro evidence from China

Shengqi Chen et al.

Summary: The study demonstrates that digital finance has a significant positive impact on the servitization of China's manufacturing industry, especially in the central and western regions, labor-intensive sectors, high-tech industries, and private enterprises.

INTERNATIONAL REVIEW OF ECONOMICS & FINANCE (2021)

Article Environmental Sciences

New insight into examining the role of financial development in economic growth effect on a composite environmental quality index

Hossein Ali Fakher et al.

Summary: This study examines the impact of financial development on environmental quality in different country groups, finding varying effects of economic growth and financial development on the composite environmental quality index (CEQI) in OPEC and OECD countries. In OPEC countries, financial development strengthens the negative impacts of economic growth on environmental quality, while in OECD countries, economic growth has a negative effect on environmental quality and financial development weakens this effect.

ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH (2021)

Article Management

Green credit financing versus trade credit financing in a supply chain with carbon emission limits

Simin An et al.

Summary: Green credit financing (GCF) is a financial service provided by banks to encourage green investment, where manufacturers can seek GCF from banks for green upgrades. The study investigates a supply chain system involving a capital-constrained manufacturer and a well-funded supplier, and compares the effectiveness of GCF with traditional trade credit financing (TCF).

EUROPEAN JOURNAL OF OPERATIONAL RESEARCH (2021)

Article Economics

Does the fossil fuel divestment movement impact new oil and gas fundraising?

Theodor F. Cojoianu et al.

Summary: The study found that increasing fossil fuel divestment commitments in a country are associated with lower capital flows into domestic oil and gas companies, especially in countries with more stringent environmental policies. However, the divestment movement may unintentionally lead to domestic banks providing more finance to oil and gas companies abroad, creating an unexpected effect.

JOURNAL OF ECONOMIC GEOGRAPHY (2021)

Article Environmental Studies

The financial impact of fossil fuel divestment

Auke Plantinga et al.

Summary: The research suggests that divesting from fossil fuel production companies does not harm financial investors, even when fossil fuels continue to play a dominant role in the energy mix. Divestment is not only not contradictory to the fiduciary duty of institutional investors, but also paves the way for more extensive divestment initiatives.

CLIMATE POLICY (2021)

Article Business, Finance

Understanding the role of green bonds in advancing sustainability

Aaron Maltais et al.

Summary: Green bonds are considered one of the most significant innovations in sustainable finance in the past decade. However, academic studies on green bonds are limited, with most focusing on the impact of green labels on bond yields. This paper, using Sweden as a case study, delves into the broader questions regarding what attracts investors and issuers to the green bond market, the role of green bonds in shifting capital to more sustainable economic activity, and how they impact organizations' approach to sustainability.

JOURNAL OF SUSTAINABLE FINANCE & INVESTMENT (2021)

Article Computer Science, Interdisciplinary Applications

Financing equilibrium in a green supply chain with capital constraint

Lei Fang et al.

COMPUTERS & INDUSTRIAL ENGINEERING (2020)

Article Green & Sustainable Science & Technology

Green governance structure, ownership characteristics, and corporate financing constraints

Weian Li et al.

JOURNAL OF CLEANER PRODUCTION (2020)

Article Green & Sustainable Science & Technology

Untangling the Impact of Green Finance on the Enterprise Green Performance: A Meta-Analytic Approach

Hengjie Xu et al.

SUSTAINABILITY (2020)

Review Business, Finance

Green bonds for financing renewable energy and energy efficiency in South-East Asia: a review of policies

Dina Azhgaliyeva et al.

JOURNAL OF SUSTAINABLE FINANCE & INVESTMENT (2020)

Article Business

Carbon emissions, technology upgradation and financing risk of the green supply chain competition

Tao Wu et al.

TECHNOLOGICAL FORECASTING AND SOCIAL CHANGE (2020)

Editorial Material Energy & Fuels

Learning in the financial sector is essential for reducing renewable energy costs

Florian Egli et al.

NATURE ENERGY (2019)

Article Environmental Sciences

The effect of financial development on ecological footprint in BRI countries: evidence from panel data estimation

Muhammad Awais Baloch et al.

ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH (2019)

Article Economics

Does financial development matter for innovation in renewable energy?

Linh Pham

APPLIED ECONOMICS LETTERS (2019)

Article Business

Sustainable financing practices through green bonds: What affects the funding size?

Suborna Barua et al.

BUSINESS STRATEGY AND THE ENVIRONMENT (2019)

Article Business, Finance

The importance of fossil fuel divestment and competitive procurement for financing Europe's energy transition

Matthew Halstead et al.

JOURNAL OF SUSTAINABLE FINANCE & INVESTMENT (2019)

Article Economics

Financing environmentally-sustainable projects with green bonds

Elettra Agliardi et al.

ENVIRONMENT AND DEVELOPMENT ECONOMICS (2019)

Article Green & Sustainable Science & Technology

Green financing, interrupted. Potential directions for sustainable finance in Luxembourg

Sabine Dorry et al.

LOCAL ENVIRONMENT (2018)

Article Energy & Fuels

A dynamic analysis of financing conditions for renewable energy technologies

Florian Egli et al.

NATURE ENERGY (2018)

Article Economics

The future of CIS and CEE countries

Torbjorn Becker et al.

ECONOMICS OF TRANSITION (2018)

Article Development Studies

Exploring the Schemes for Green Climate Fund Financing: International Lessons

Lianbiao Cui et al.

WORLD DEVELOPMENT (2018)

Article Business

Financing renewable energy: Who is financing what and why it matters

Mariana Mazzucato et al.

TECHNOLOGICAL FORECASTING AND SOCIAL CHANGE (2018)

Article Business

Sowing the seeds of the future: Policies for financing tomorrow's innovations

Luca Grilli et al.

TECHNOLOGICAL FORECASTING AND SOCIAL CHANGE (2018)

Article Environmental Studies

Swimming upstream: addressing fossil fuel supply under the UNFCCC

Georgia Piggot et al.

CLIMATE POLICY (2018)

Article Economics

Will We Ever Stop Using Fossil Fuels?

Thomas Covert et al.

JOURNAL OF ECONOMIC PERSPECTIVES (2016)

Article Economics

Financial development and deployment of renewable energy technologies

Jeayoon Kim et al.

ENERGY ECONOMICS (2016)

Article Economics

Testing Weak Cross-Sectional Dependence in Large Panels

M. Hashem Pesaran

ECONOMETRIC REVIEWS (2015)

Review Green & Sustainable Science & Technology

Financing instruments and channels for the increasing production and consumption of renewable energy: Lithuanian case

Viktorija Bobinaite et al.

RENEWABLE & SUSTAINABLE ENERGY REVIEWS (2014)

Article Economics

Finance for renewable energy: an empirical analysis of developing and transition economies

Christa N. Brunnschweiler

ENVIRONMENT AND DEVELOPMENT ECONOMICS (2010)

Article Economics

A simple panel unit root test in the presence of cross-section dependence

M. Hashem Pesaran

JOURNAL OF APPLIED ECONOMETRICS (2007)

Article Social Sciences, Mathematical Methods

Robust standard errors for panel regressions with cross-sectional dependence

Daniel Hoechle

STATA JOURNAL (2007)

Article Economics

Testing for short- and long-run causality: A frequency-domain approach

Jorg Breitung et al.

JOURNAL OF ECONOMETRICS (2006)

Article Economics

Testing for a unit root in panels with dynamic factors

HR Moon et al.

JOURNAL OF ECONOMETRICS (2004)

Article Economics

A panic attack on unit roots and cointegration

JS Bai et al.

ECONOMETRICA (2004)

Article Business, Finance

A new database on the structure and development of the financial sector

T Beck et al.

WORLD BANK ECONOMIC REVIEW (2000)

Article Business, Finance

Financial intermediation and growth: Causality and causes

R Levine et al.

JOURNAL OF MONETARY ECONOMICS (2000)