The Effect of Investor Attention to Green Investments, Green Bonds, ESG Sustainability, and Financial Technology on Carbon Neutrality in the US
米国におけるグリーン投資・グリーンボンド・ESGサステナビリティ・フィンテックへの投資家の注目がカーボンニュートラルに与える影響 (AI 翻訳)
Tuğba Nur
🤖 gxceed AI 要約
日本語
本研究は、米国の月次データ（2019年1月～2024年7月）を用いてARDLモデルにより、グリーンボンド、ESG、フィンテック、投資家の環境関心がCO2排出に与える影響を分析。長期的にはグリーンボンド、ESG、フィンテック、グリーン投資への関心が排出削減に寄与する一方、経済成長は排出を増加させる。短期的には経済成長とグリーン投資が排出削減に効果的だが、ESGは逆効果を示す。政策提言として、グリーンボンドの活用促進、フィンテックの持続可能投資への誘導、ESG移行の慎重な管理が挙げられる。
English
This study uses the ARDL bounds test on US monthly data (Jan 2019-Jul 2024) to examine the impact of green bonds, ESG sustainability, financial technologies, and investor green interest on CO2 emissions. Long-run results show that green bonds, ESG, fintech, investor interest, and COVID-19 reduce emissions, while economic growth increases them. Short-run effects differ: green bonds, growth, and investor interest reduce emissions, but ESG increases them. The study recommends promoting green bonds, directing fintech toward sustainable investments, and managing ESG transition carefully.
Unofficial AI-generated summary based on the public title and abstract. Not an official translation.
📝 gxceed 編集解説 — Why this matters
日本のGX文脈において
米国市場を対象とした実証分析だが、日本のグリーンボンド市場拡大やESG投資の効果を検証する際の参考となる。特に短期と長期でESGの影響が異なる点は、日本企業がSSBJ開示対応を進めるうえで時間軸を考慮する必要性を示唆する。
In the global GX context
This US-focused study contributes to global transition finance literature by empirically demonstrating the heterogeneous short- and long-run effects of green bonds, ESG, and fintech on decarbonization. The findings support ISSB-aligned disclosure policies that encourage transparent environmental performance reporting and highlight the need for careful integration of ESG into corporate strategy.
👥 読者別の含意
🔬研究者:Provides ARDL-based evidence on the dynamic effects of green finance instruments on CO2 emissions, useful for comparative studies.
🏢実務担当者:Confirms that green bonds and ESG sustainability effectively reduce emissions over the long term, supporting investment in these instruments.
🏛政策担当者:Indicates that policies should promote green bonds and fintech while managing short-term ESG trade-offs, and encourage transparent environmental disclosure.
📄 Abstract（原文）
The study investigates the impact of green bonds, ESG sustainability, financial technologies, and investors' environmental interests on carbon dioxide emissions using monthly data from January 2019 - July 2024 in the US, employing the ARDL bounds test method. In addition, economic growth and the COVID-19 pandemic are included as control variables in the model. According to the findings, in the long run, green bonds, ESG (Environmental, Social, and Governance) sustainability, financial technologies, investors' interest in green investments, and COVID-19 reduce CO₂ emissions, while economic growth increases emissions. Green bonds, economic growth, and investor interest reduce CO₂ emissions in the short run, but ESG sustainability increases emissions. On the other hand, financial technologies and COVID-19 have no significant impact on CO₂ emissions in the short run. Moreover, it is observed that the variables that affect CO₂ emissions the most are economic growth and green bonds. The study's findings suggest that the US should encourage the effective use of green bonds, direct financial technologies toward sustainable investments, and carefully manage the transition to ESG to achieve carbon-neutrality targets. Developing policies to increase investor interest in green investments and encouraging companies to disclose their environmental performance transparently are also crucial.
🔗 Provenance — このレコードを発見したソース
- openalex https://doi.org/10.18037/ausbd.1651700first seen 2026-06-30 05:12:48
🔔 こうした論文の新着を逃したくない方は キーワードアラート に登録（無料・3キーワードまで）。
gxceed は公開メタデータに基づく研究支援データセットです。要約・翻訳・解説は AI 支援で生成されています。 最終的な解釈・検証は利用者が原典資料に基づいて行うことを前提とします。