With the advent of greening the global economy and the introduction of green financial assets, this study examines the connectedness and spillover effect of green assets using a QVAR approach focusing on the average connectedness and connectedness under extreme market conditions. The time of the...

One of the Colombian strategies to diversify and decarbonize the energy sector is encouraging the use of non-conventional renewable resources (NCRR). For doing so the government issued in 2014 the Law 1715 to promote NCRR and energy efficiency improvements into the sector. While presumably it...