Amplifying corporate environmental investments is a pivotal strategy for achieving the "carbon peak and carbon neutral" objectives of China's green development initiative. The digital transformation has the potential to generate new quality productive forces by leveraging data, thereby promoting...

Aim: This study examines recent green finance developments to evaluate how institutional, economic, and policy factors affect renewable energy investments globally. It employs a comparative approach to identify key success drivers and barriers influencing the effectiveness of green finance in...

This policy brief presents simulation results regarding the macroeconomic effects of a green EU public investment fund using the macroeconometric simulation model NiGEM. After briefly outlining the investment needs in the EU, we first present results using the standard version of NiGEM. We then...

Climate change is considered to be one of the biggest problems acknowledged globally today. Therefore, the causes of climate change and solutions to this problem are frequently investigated. For this reason, the purpose of this study is to empirically examine whether the 'Climate Change...

The green transition of the EU economy will require substantial investment to 2030 and beyond. Estimates of green investment needs vary between institutions and are surrounded by high uncertainty, but they all point to a requirement for faster and more ambitious action. Green investment will...

The document collection focuses on the concept of blended finance for climate investments, emphasizing the need for innovative financial mechanisms to address climate change. It discusses the potential of blending public and private capital to mobilize investment in climate-related projects,...

Based on Alibaba's renowned "green" initiative, the Ant Forest program, we develop a novel measure to reveal an individual investor's nonpecuniary green preference and link it to an individual's investment actions. We present compelling evidence that supports nonfinancial incentives for...

It will be impossible to contain the global temperature rise to 1.5 to 2 degrees Celsius above pre-industrial levels unless emerging market and developing economies (EMDEs) decarbonise much more rapidly. This policy brief examines the economic case for advanced-country financial support for...

Drawing on comprehensive indicator data of national ESG performance across 27 countries from 2006 to 2020, this study employs a panel Tobit model to examine the impact of government environmental protection spending on national ESG performance. The results demonstrate that government...

Using China's A-share listed companies from 2008 to 2020, this paper empirically investigates the relationship between environmental regulation and corporate environmental investment, and the moderating effect of green credit on this relationship. The paper finds that environmental regulation...

Using project-level data from the Carbon Disclosure Project, we demonstrate how firms actually reduce greenhouse gas emissions. Most firms mainly pursue projects with small investments (median $127,000) and short payback periods (maximum three years). Firms experiencing shortterm performance...

Integrating environmental, social, and governance (ESG) principles into investment decisions has garnered increased attention in the business landscape. Thus, the current study aims to investigate the intricate interplay between ESG performance and investment patterns (capital vs. environmental)...

This study examines the connection between analyst coverage and environmental investment using firm-level data from the S&P 500 spanning 2001 to 2022. There is still an unclear and missing piece in the literature of the U.S. evidence investigating the impact of external analysts on monitoring...

The current study intends to understand the spectrum of existing scientific literature on Impact Investing, explore the publication credentials of that literature in the form of bibliometrics, and investigate the future scope for research in the area of impact investing. We have used the...

Using new and unique survey evidence on digitalisation activities and investment in climate change of non-financial firms in the EU and the US, this article documents the trend towards twin digital and green investment in the corporate landscape after the COVID-19 pandemic. We use information...

This paper examines how financial frictions and policy uncertainty jointly influence firms' investments in pollution abatement. Our data analyses suggest that financially constrained firms are less likely to invest in pollution abatement and are more likely to release toxic pollutants, with this...

This study comprehensively reviews the relationship between green finance and sustainable development, specifically focusing on combatting climate change and achieving carbon neutrality. Utilizing a narrative review methodology, the study examines a range of scholarly articles and publications...