GX & Decarbonization Research

Ashwani Kumar, Pranjal Yadav, Dr. Vaibhav

This paper analyzes India's lean-green financing schemes for MSMEs, including PMMY, CGTMSE, SIDBI's green initiatives, and ZED certification. It finds growth in lending but gaps in integrating lean efficiency with green sustainability. It e…

Harshita Sharma, Swati Jain

This chapter examines the role of government policies and regulations in fostering green finance within the framework of Industry 5.0. It compares policy approaches from countries including India, China, Brazil, France, Indonesia, and Germa…

Nasir, Norita Mohd, Rassiah, Puspavathy, Ravichandran, Subramaniyam +3

This practice-oriented case study documents the sustainable finance journeys of four leading Malaysian corporations across telecom, palm oil, renewable energy, and energy sectors. It analyzes instruments like sustainability-linked loans, gr…

Domenica Federico, Rosa Adamo, Antonella Notte

Circular finance is an innovative sustainable finance domain focusing on financing circular economy projects and business models. It differs from green, climate, and carbon finance by emphasizing resource loops and systemic integration acro…

Lindokuhle Mbokane, Marloes Reinink, Khululekani Ntakana +1

This study investigates the role of financial institutions in financing green buildings in South Africa. Through document analysis of 158 documents and 4 interviews, it finds that while green bonds and loans are available, funding is skewed…

Yahaya, Onipe Adabenege

This study empirically examines how green financing instruments (green bonds, green loans, sustainability-linked financing) affect corporate capital structure (debt-to-equity, debt-to-total assets) using panel data from Nigerian firms. Fixe…

Ülgen, Faruk

This chapter argues that financial stability and green transition are two sides of the same coin: a structural transformation to a sustainable economy. It highlights the obstacle from the opposition between private interest and the common g…

Un Loi Lao

This study proposes a dual-shield framework to explain capital structure dynamics in China's real estate sector, distinguishing between coercive policy shields and proactive sustainability shields. Analyzing A-share firms from 2003-2021, it…

Marta Mańkowska, Dominika Kordela, Monika Pettersen-Sobczyk

This literature review and bibliometric analysis examines crowdfunding as a financing mechanism for sustainable transport innovation. It identifies three core research areas: sustainability and finance, fintech and blockchain, and managemen…

Veronica Mammetti, Stavros A. Zenios, Giacomo Morelli

This paper analyzes the impact of energy transition on sovereign debt sustainability, examining how climate policies may increase fiscal risks while green investments could boost economic growth.

Md Sharif Hassan, Fatema Tuz Zahra, Mohammad Abul Kalam Azad +3

This paper systematically reviews the literature at the intersection of FinTech and sustainable finance using bibliometric methods, identifying key themes, trends, and research gaps. It offers insights into the evolution of the field and ou…

Jiahui Yi, Zhexi Xia, Penghong Cheng +1

This paper examines the impact of green finance policies in China on firm efficiency and resource allocation, incorporating supply chain spillover effects. It finds that while green finance reduces emissions, it may lead to resource misallo…

Yansong Jin, Taohong Wang, Huaping Sun +3

This paper examines the transition from regulatory experiments to policy design, focusing on how green finance and entrepreneurship contribute to carbon reduction. The abstract is unavailable, but the title suggests a focus on policy innova…

Jinhui Zheng, Hao Niu, Kevin Lo +1

This paper examines the impact of green finance on energy transition in resource-based cities, aiming to break the resource curse. It analyzes the effectiveness of green financial instruments in facilitating sustainable energy transformatio…

Huiling Lü, Peigang Xu, Panpan Meng

Using China's Green Finance Reform and Innovation Pilot Zones as a quasi-natural experiment and a spatial difference-in-differences framework, this study finds that green finance significantly improves urban land green use efficiency in pil…

Ziyang Zheng, Zhongxu Ji, Chaoyi Huang +1

This paper examines the effects of green finance on corporate green innovation, suggesting potential bubble effects. Without abstract, details are limited but it raises questions about the effectiveness of green finance policies.

Li Jia, Qingcai Meng

This paper explores how digitalization amplifies green finance, focusing on financing green innovation. It analyzes the role of digital technologies in enhancing green finance mechanisms and provides implications for policy and practice.

Nicholas S.P. Tay, Sun-Young Park

This study develops an integrated framework to reframe finance theory within planetary boundaries. It argues the neoclassical paradigm cannot price risks from breaching Earth-system thresholds, proposing an embedded firm model within biophy…

GABRIELA PICIU, ALINA GEORGETA AILINCĂ

This paper analyzes the role of finance in accelerating the circular economy transition. It examines green financial instruments such as investments, bonds, and ESG criteria, showing they can capture underutilized resources. It also highlig…

Manuel A. Zambrano-Monserrate, Bright Akwasi Gyamfi, Ojonugwa Usman +1

This study examines the network effect of green finance in driving China's sustainable energy transition. It elucidates how efficiency improvements in capital allocation through financial networks accelerate renewable energy investment.