This paper explores the critical financial challenges in developing and financing hydrogen projects, particularly in the context of their role in achieving global decarbonisation goals. It examines the perspectives of key stakeholders – investors, banks, policymakers, project developers, and...

The paper aims at elucidating and solving the methodological problems around the estimation of the cost of capital in the project finance settings. By convention, capital budgeting analysts evaluate project finance ventures using the free cash flow for equity (FCFE) method, whereby cash flows,...

The delisting of Binance USD (BUSD) constitutes a major regulatory intervention in the stablecoin market and provides a unique opportunity to examine how targeted regulation affects liquidity allocation, market concentration, and short-run systemic risk in crypto-asset markets. Using daily data...

This paper explores the critical financial challenges in developing and financing hydrogen projects, particularly in the context of their role in achieving global decarbonisation goals. It examines the perspectives of key stakeholders - investors, banks, policymakers, project developers, and...