GX & Decarbonization Research

R. Nagaraju, G. Shivaranjani, E. Chandra Shekhar

This paper examines the role of green finance in driving corporate renewable energy investments. It analyzes how instruments like green bonds and sustainable loans facilitate the energy transition, providing both theoretical and empirical e…

Dhoha Mellouli

This study uses a TVP-VAR model to analyze dynamic spillovers among climate risk, carbon emissions, renewable and nonrenewable energy markets, and sustainable finance. It finds that interconnectedness intensifies during crises like COVID-19…

Chenlu Yu, Xiao-Min Wang, Wencan Zhang +1

This study conceptualizes green finance management as a strategic capability and investigates its impact on corporate sustainable innovation using a panel of Malaysian listed firms. Fixed-effects regression and parallel mediation analysis s…

Saranya Arunkumar, Arunkumar R

This study presents a bibliometric analysis of sustainable finance instruments for Small and Medium Enterprises (SMEs) using Scopus data from 2020 to 2025. It identifies key journals, authors, and countries contributing to the literature on…

S. Erick, Bounamax Mbasa, K. Mang’ana

This bibliometric analysis maps the intellectual landscape of green economy and sustainable finance research from 2014 to 2024 using 692 Scopus-indexed papers. It reveals a surge in publications after 2018, aligning with key policy mileston…

Nopparat Wongsinhirun, Pattanaporn Chatjuthamard, Nattarinee Denlertchaikul +2

This paper reviews the role of green corporate finance, including green bonds and sustainability-linked instruments, in enhancing firm resilience to climate change. It finds that such finance improves long-term financial performance, operat…

Lai Van Tai, Monica Răileanu Szeles

This paper analyzes the combined effects of green finance, renewable energy production/consumption, and capital formation on ecological footprint in 76 developing countries (2000-2022) using STIRPAT and system GMM. Results show green financ…

Y. Ben Romdhane, Muhammad Kashif

This study examines the impact of economic uncertainty on sustainable eco-financing in MENA countries, highlighting the mediating role of CSR. Using survey data from 625 professionals and structural equation modeling, it finds that uncertai…

V. B. Monehin, Joy Oluchi Monehin, Sesan Fabamise +1

This paper examines the legal and institutional frameworks for green finance in Nigeria, identifying gaps such as lack of enforcement, unclear definitions, and absence of taxonomy. It proposes a dedicated Green Finance Act and stronger inst…

Megha Kumari

This paper examines how Green FinTech facilitates corporate decarbonization and ESG transformation. It develops a conceptual model linking Green FinTech adoption to corporate ESG performance through mediators such as access to green capital…

Abdalbasat H. A. Alrifadi, P. H. Kareem, A. Çelebi +1

This study analyzes the relationship between green finance, the digital economy, and energy consumption in ten MENA countries from 1983 to 2023 using panel-corrected standard errors. The digital economy reduces energy consumption, while gre…

Rakesh Kumar, Himanshu Gupta

This study empirically examines how green finance and green innovation jointly enhance corporate performance through corporate sustainability as a mediator, using survey data from Indian manufacturing and service firms. Grounded in Resource…

Yuqing Tian

This study uses an individual fixed effects model to examine the impact of green finance on corporate ESG performance, considering heterogeneity by firm size and ownership. After controlling for endogeneity, green finance shows a significan…

A. Țăran, G. Noja, Alina Ionașcu +2

This study examines how CSR engagement, renewable energy deployment, and sustainable finance jointly influence firms' exposure to climate-related financial risks. Using a dataset of 300 European energy companies for 2024, robust regression …

Ilyes Abidi, Hesham Yousef Alaraby, Ghassan Rabaiah

Using Causal Forests on a panel of eight Saudi cities (2000-2024), this study finds that green finance causally improves the energy transition pillar (effect ≈0.81 standardized units) but has weaker and heterogeneous effects on entrepreneur…

Nadhrah Ilmina Dilsyaadi, Faizatul Maghfirah, Muhammad Wildan

This study proposes an integrated financing model combining waqf-based forest conservation, Sharia-compliant digital crowdfunding, and voluntary carbon trading for climate mitigation in Indonesia. Qualitative interviews reveal strong potent…

D. Prasad

This study examines how derivatives markets in India price uncertainty in corporate environmental targets, using BRSR disclosures, SBTi validation, and India's carbon trading scheme. Credible targets reduce implied volatility skew and varia…

Chin‐Hsien Yu, Yingyi Shi, Chi-Chuan Lee +2

This study examines the effect of climate finance on conflict incidence. Using panel data from 85 developing countries (2000-2023), it finds that climate finance significantly reduces conflicts, especially resource-related and small-scale o…

Kolawole Fatai Hassan. Phd, Kamal Adekunle Adewunmi. Acib

This paper examines the mobilization of green finance for Nigeria's Energy Transition Plan using green bonds and fintech innovations. It finds strong investor demand (Series III oversubscribed by 183%) and potential for fintech-enabled remi…

Arindam Bandyopadhyay

This chapter details how climate risks (physical and transitional) challenge the financial system, including asset value erosion and default risks. It examines responses from regulators like the Reserve Bank of India, including climate stre…