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Global freshwater demand is projected to increase substantially in the coming decades, making water one of the most fiercely contested resources on the planet. Water is linked to many economic activities, and there are complex channels through which water affects economic growth. The purpose of...
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This paper examines the dynamic connectedness between the MSCI World ESG Leaders Index, S&P Green Bond Index, and the U.S. ESG Indices. We find that the relative importance of the global ESG equity market to the green bond market as well as the U.S. ESG equity market has kept growing, especially...
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