GX & Decarbonization Research

Susilo Nur Aji Cokro Darsono, Chuanchen Bi, Intan Mutiara +3

This study analyzes macroeconomic drivers of China's green bond prices using an ARDL model. Economic policy uncertainty negatively impacts green bonds in both short and long run. Global financial market volatility and exchange rates have po…

Ziming Liu, Hefa Gui, Ling Hu

This study examines the impact of green bond issuance on stock price crash risk using Chinese listed firms. Green bonds reduce crash risk through information asymmetry and investor attention mechanisms, but the effect is not sustainable. Hi…

S. Boutouria

This study examines dynamic relationships between green bonds, CO2 emissions, clean energy stocks, investor sentiment, and financial stress using quantile regression and Bayesian time-varying VAR models from 2011 to 2023. Results show a neg…

Na Luo, Michal Sroka

This study examines the interplay between financial development, green technology investment, and environmental policy stringency on sustainability in E7 countries (2000-2022). Using MMQR, it finds that finance and investment enhance sustai…

Hanwei Zhang, Haibin Liu, Xuena Liu

This paper empirically examines the impact of environmental information disclosure on debt financing for Chinese listed steel companies (2014-2023). Findings show that environmental disclosure reduces debt financing costs and improves finan…

Ozge Demirkale, Naime Irem Duran

This study examines predictive relationships between the WilderHill Clean Energy Index and tourism stock indices from the US, Europe, China, and Australia using quantile Granger causality and wavelet coherence on monthly data from 2010-2023…

Patel, Khushali

This paper comprehensively reviews how climate risks translate into financial vulnerabilities in emerging markets. It analyzes physical, transition, and liability risk mechanisms, and evaluates adaptation measures such as climate disclosure…

Martin Otundo Richard

Kenya invests ~KES 47 billion annually in climate adaptation but lacks a coherent M&E system. This paper proposes the National Climate Change Adaptation M&E Framework (NCCAMEF) with 78 indicators (KAIS), a data platform (KCADP), and a 5-7% …

Amiru Lawal, null Umar Farouk Abdulkarim

This study examines the financial volatility implications of decarbonization in Nigerian agri-food firms. Analyzing 62 NGX-listed companies from 2018-2023, it finds that while emission reduction investments increase short-term earnings vola…

Horn Sarun

This review compares mangrove carbon stocks across Cambodia, Thailand, and Vietnam in the Lower Mekong region. Vietnam's Mekong Delta has exceptionally high soil organic carbon (up to 800 Mg C ha⁻¹), Thailand's Andaman mangroves are high in…

Md Yousuf Ali

This study examines whether climate change risk weakens banking system stability in the EU and assesses how renewable energy adoption and energy taxation moderate this relationship. Using panel data for 27 EU countries from 2012 to 2022, th…

Bai-Chen Xie, Haoran Wu, Bofeng Cai +2

This paper analyzes how technological innovation for carbon neutrality may increase asset stranding risks in China's carbon-intensive sectors. Considering China's policy and industrial structure, it examines the potential for technological …

Onipe Adabenege Yahaya

This study examines the impact of global warming on corporate sustainability, focusing on carbon emission reporting and environmental disclosures among 148 Nigerian listed firms (2011-2025). Using panel regressions and GMM, it finds that ri…

Shoxinur Ergasheva

This study examines the role of IFIs (World Bank, ADB, EBRD) in financing Uzbekistan's green transition. It finds substantial concessional flows of $3.2-4.0 billion annually for 2025-2026, but highlights challenges including institutional c…

Pia Piroschka Otte, Natalia Mæhle, Rita Moseng Sivertsvik

This paper examines crowdfunding as a financing tool for climate mitigation measures in agriculture. Two real-life crowdfunding campaigns with Norwegian farmers were conducted; the successful campaign raised 88% of its target with 82 backer…

Abdelrahman Mohamed Mohamed Saeed, Muhammad Ali

This study develops a Compound Vulnerability Score for six low- and middle-income countries by fusing socio-economic indicators with climate risk data (2000–2024). Using unsupervised learning, graph neural networks, and reinforcement learni…

Abdelkader Derbali

This empirical study examines the impact of green financing for fintech startups on CO2 emissions in BRICS countries from 2000 to 2024. Results show a significant negative long-term effect on emissions, while economic growth and urbanizatio…

Riccardo De Cristano, Alexander Paulsson

This paper analyzes the rise and fall of KlimaDAO, a carbon-backed cryptocurrency, through a two-year digital ethnography. KlimaDAO amassed significant carbon credits in 2021 but its token price crashed by 2023. The authors argue the projec…

Dr. Ibrahim Musa, Mohammed Mahmuda Khalifa, Kolo Ibrahim +2

This study examines the effect of green finance (green bonds, carbon credits, green loans, renewable energy investments, green mortgages, sustainable agriculture loans) on greenhouse gas emissions in Nigeria using quarterly data from 2011 t…

Boram Shin, Sung-Yoon Huh

This study estimates South Korean households' willingness to pay for climate finance to developing countries using a contingent valuation survey. Average annual WTP is KRW 5,291 (USD 3.87). Cost-benefit analysis yields a ratio of 1.39, indi…