Green bonds for sustainable energy transition: unlocking resource efficiency in Asia–Pacific

Unofficial AI-generated summary based on the public title and abstract. Not an official translation.

🔬研究者:Provides a novel empirical framework (CS-ARDL) and long-run analysis linking green bonds to resource efficiency, extending sustainable finance literature.

🏢実務担当者:Offers evidence that green bonds can enhance resource efficiency, supporting corporate sustainability strategies and ESG reporting.

🏛政策担当者:Highlights the need for transparent reporting and regulatory support to maximize green bond impact on energy transition.

Purpose The study analyses the impact of green bonds on sustainable energy efficiency in different Asia–Pacific economies. The research evaluates the support provided by green finance towards energy efficiency and low-carbon transformations in upper-middle- and high-income countries of Asia–Pacific. Design/methodology/approach The analysis within this study uses empirical data to understand resource efficiency changes caused by green bonds across the Asia–Pacific region. Panels of data from ten upper-middle- and high-income economies were analysed using an analysis method from 2011 to 2021. The evaluation utilizes different sustainability indices to measure how alterations in independent factors affect resource efficiency levels. The research employs CS-ARDL and analyses short-run and long-run relationships between resource efficiency and green bond issuance through panel data spanning from 2011 to 2021 across ten Asia–Pacific economies. The proposed model assesses intersectional dependencies by investigating five important variables, which include energy intensity, renewable energy consumption and carbon intensity of GDP and government effectiveness and GDP per capita growth. Findings The empirical result of the study shows that green bond issuance develops resource efficiency effectively at long-term timescales. Statistics show that raising green bond issuance by 1% leads to 0.20% better performance on the resource efficiency index (REI). Studies show that renewable energy use along with governance quality characteristics has beneficial results, whereas energy and carbon intensity produce harmful effects. Research limitations/implications Standardized data concerning green bond performance and energy efficiency metrics limit this research. Research should expand to study lasting effects and examine the impact of government policy on boosting the performance of green finance. Practical implications The research gives essential information about green bond structure optimization for policymakers and financial institutions to enhance their economic value and environmental impact. The situation reveals why financial institutions need transparent reporting practices, common impact measurement frameworks and regulatory stimulation to gain business trust in green investments. The study demonstrates how green bonds help organizations implement sustainable strategies by letting them follow worldwide ESG (environmental, social and governance) criteria. The financial access for energy efficiency projects with the help of green bonds manages to fill sustainability infrastructure funding gaps and promotes economic adaptation and resilience. Originality/value The study introduces a novel empirical approach to analysing the impact of green bond issuance on resource efficiency across the Asia–Pacific region, using the CS-ARDL model. Its regional scope, combined with robust statistical techniques and a custom resource efficiency index, brings fresh insights into green finance. It extends the body of knowledge by integrating energy and environmental economics with sustainable finance. The study’s long-run analysis of green bonds’ effectiveness is particularly innovative and relevant.

• openaire https://doi.org/10.1108/techs-03-2025-0048first seen 2026-05-05 19:07:18