This paper examines the relevance of banks' exposure to climate transition risk in the interbank lending market. Using transaction-level data on repo agreements, we first establish that banks with higher exposure to transition risk face significantly higher borrowing costs. This premium is a...

Since their inception in 1987, debt-for-nature swaps (D4NS) have emerged as a popular policy tool to simultaneously address sovereign debt burdens and environmental challenges. Drawing on a newly constructed database of global D4NS transactions, this paper shows that Asian economies have played...

Climate change indicators are a measurable and acceptable method of collecting evidence of changes in the Earth’s climate throughout time. Thus, climate change indicators capture the total impact of climate change on all economic activities and their participants. These indicators are used by...

This document aims to contribute to both the debate and the evidence on access to climate financing. It focuses on demand-side factors through a case study of quinoa producers in the Southern Altiplano region of Bolivia. Based on primary data collected by the INESAD Foundation, the results of...

Can developing economies achieve growth that benefits everyone and protects the planet? This report explores how low- and middle-income countries (LMICs) can achieve inclusive and sustainable economic transformation (ISET) - where economic growth benefits all of society and protects our planet....

The new loss and damage funding framework under the United Nations Framework Convention on Climate Change (UNFCCC) emphasises the importance of channelling support through national systems and mechanisms. This approach could prove particularly challenging for African least developed ountries...

In line with Sustainable Development Goal 15, which focuses on life on land, protecting our planet for future generations becomes an imperative challenge. To address this, the present study examines the comparative efficiency of climate finance and environmental taxes in mitigating environmental...

Climate finance refers to the financing that addresses climate change. Its implementation affects industrial relations, and the labor income share of enterprises. This study conducts theoretical and empirical analyses to explore the impact of climate finance on the labor income share of Chinese...

What role does bond versus bank debt play in the climate transition? We document that fossil fuel firms with greater stranded-asset risk rely less on bond finance and more on bank credit. While bond investors price stranding risk, banks in the syndicated loan market do not. This differential...

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...

The global environmental concerns have driven sustainable practices in several industries, including banking. Therefore, this paper is an endeavour to examine the relationship between green banking and customer satisfaction. The study identified four pivotal variables and examined how digital...

This paper rethinks development finance in Tajikistan through the lens of fiscal sociology, arguing that sustained reliance on foreign aid and external borrowing may weaken state-society trust and erode institutional legitimacy. Anchored in the political economy of development finance, the paper...

What defines the role of public savings banks("Sparkassen") in tackling the socio-ecological challenges related to planetary boundaries, such as climate change and loss of biodiversity? A clear answer to this question is still lacking, in spite of that fact that the German Sparkassen have...