GX Research Hub · English
GX & Decarbonization Research
This page provides an English interface to the gxceed GX paper corpus. The corpus aggregates papers from 13 open scholarly metadata sources and uses AI-assisted classification to identify signals related to measurement, policy narratives, outcomes, implementation, industrial adoption, and verification.
The goal is not only to discover papers, but to observe how GX research is distributed across research substance, implementation narratives, external expectations, implementation substance, and judgment formation.
Summaries are AI-assisted. Always refer to the original paper for authoritative conclusions.
Peer-reviewed🇪🇺 EuropeJournalFinancial Sciences2026#Transition FinanceDOI
Evolution of Greenium. ESG and the Cost of Equity in the Polish Banking Sector
Katarzyna Perez, Alan Celmerowski, Tomasz Gabrusewicz
Using panel data for Polish listed banks from 2012-2024, this study examines the dynamic relationship between ESG performance and cost of equity. While the static model finds no aggregate greenium, an inverted greenium appears for the Socia…
Peer-reviewedJournalKorean Accounting Information Association2026#Transition FinanceDOI
ESG Bond Issuance and Financial Reporting Quality : Evidence from Accrual-Based Earnings Management
B. Keum
Using 8,541 firm-year observations from Korean non-financial firms (2019-2024), this study finds that ESG bond issuers exhibit significantly lower accrual-based earnings management than non-issuers, and this effect persists post-issuance. T…
Peer-reviewedJournalEIJRIHS2026#Transition FinanceDOI
Green Finance as a Strategic Tool For Environmental Compliance and Sustainable Competitiveness
Martin Macauley, F. Ogosi
This paper systematically reviews the role of green finance instruments (green bonds, sustainability-linked loans, etc.) in enhancing environmental compliance and sustainable competitiveness. It finds benefits such as reduced financing cons…
PreprintCNInternational Journal of Global Economics and Management2025#Transition FinanceDOI
An Empirical Analysis of Pricing Determinants in China’s Green Bond Market: A Study on Risk Mitigation Effects Through Certification Signals, Rating Analysis, and Disclosure Quality
Ruohan Wang
This study empirically analyzes how third-party green certification, corporate ESG ratings, and environmental disclosure quality affect green bond pricing in China (2017-2024). Using multiple linear regression, it finds that certification r…
Peer-reviewed🇯🇵 JapanJournalJ-STAGE#Transition FinanceDOI
The Role of Rating Agencies in Sustainable Finance
サステナブルファイナンスにおける格付会社の役割
(著者不明)
This paper examines the role of rating agencies in sustainable finance, focusing on their impact on markets through ESG assessments and green bond certifications, and discusses challenges and opportunities for enhancing credibility.
🌍 GlobalDatasetZenodo2026#Transition FinanceDOI
BARRIERS TO PRIVATE SECTOR GREEN BOND ISSUANCE IN UZBEKISTAN'S CAPITAL MARKET: A COMPARATIVE ANALYSIS WITH KAZAKHSTAN
Aslbek Rovshanov, Worldly Knowledge Publishing Centre
This paper compares Uzbekistan and Kazakhstan to identify barriers to private sector green bond issuance. Despite having green taxonomies and sovereign green bonds, Uzbekistan has only one corporate green bond. Kazakhstan, with similar poli…
Peer-reviewed🌍 GlobalJournalInternational Journal of Strategic Property Management2026#Transition FinanceDOI
Decarbonization strategy and green investment in the real estate: Toward a new sustainable paradigm
Asmae El Jaouhari, Ashutosh Samadhiya, Anil Kumar +3
This study bridges the research-practice gap in real estate decarbonization and green investment through a PRISMA-informed review of 74 articles. It identifies five driver clusters (including green premium) and eight barrier clusters, and o…
Peer-reviewed🌍 GlobalJournalInternational Journal of Finance and Economics2026#Transition FinanceDOI
Heterogeneous Impact of Green Bonds on Environmental Quality: A Cross-Country Analysis of the Load Capacity Factor
Tomczak K.
This study analyzes the cross-country impact of green bond issuance on environmental quality measured by the load capacity factor. It finds heterogeneous effects across countries, highlighting the role of policy and market maturity. The fin…
Peer-reviewedJournalEconomic Modelling2026#Transition FinanceDOI
Green bond performance under ESG uncertainty: Nonlinear Time–Frequency quantile analysis
Shah S.A.
This study analyzes the impact of ESG uncertainty on green bond performance using a nonlinear time-frequency quantile approach. Findings suggest that heightened ESG uncertainty increases return volatility of green bonds, with pronounced neg…
Peer-reviewedJournalJournal of Business Research2026#Transition FinanceDOI
Mitigating shareholder concerns about ambitious corporate carbon neutrality goal setting
Shuhan Wang, Di Fan, Chris K.Y. Lo +1
This paper examines shareholder concerns arising from ambitious corporate carbon neutrality goals and explores ways to mitigate them. It suggests that transparency in goal setting and communication strategies are crucial.
Peer-reviewed🇪🇺 EuropeJournalBusiness Strategy and the Environment2026#Transition FinanceDOI
Net‐Zero Investment Strategies Need an Absolute Emission Reduction Metric
Andreas G. F. Hoepner, Stefan Jacob, Sarah Koch +2
The paper identifies that net-zero investment strategies guided by relative carbon intensity (CI) metrics can be misleading and insufficient. It proposes an inflation-adjusted CI metric and absolute GHG emission limits at portfolio inceptio…
Peer-reviewedJournalCompetition and Change2026#Transition FinanceDOI
Reflections on the IPE of green finance
Clapp J.
This paper reflects on the international political economy (IPE) of green finance, discussing institutional and power structures that shape its adoption. It provides a conceptual analysis without empirical data, highlighting political econo…
Peer-reviewedCNJournalSustainability Switzerland2025#Transition FinanceDOI
The Impact of Green Finance Policies on Corporate Debt Default Risk—Evidence from China
Fan L.
This paper empirically examines how green finance policies affect corporate debt default risk in China. It finds that stronger green policies reduce borrowing costs and lower default probabilities. Using Chinese market data, the study provi…
Peer-reviewedJournalCompetition and Change2026#Transition FinanceDOI
Introduction: The international political economy of green finance
Sharma S.E.
This introductory paper surveys the international political economy of green finance, likely discussing policy and regulatory frameworks.
Peer-reviewedJournalInternational Journal of Scientific Research in Humanities and Social Sciences2026#Transition FinanceDOI
Sustainability-Linked Financing (SLF) and ESG Assurance Redefining Funding Design in Business Restructuring
Dr. Divyesh Patel
This paper explores the transformation of business restructuring finance from a traditional focus on liquidity and leverage to a sustainability-integrated capital framework. It examines how sustainability-linked financing instruments embed …
Peer-reviewed🇨🇳 ChinaJournalJournal of Applied Economics and Policy Studies2026#Transition FinanceDOI
Can green credit promote the synergy of carbon reduction and efficiency improvement in enterprises?—The transmission mechanism and contextual effect of green technology innovation
Zizhen Cai, Xinli Li
Using data from Chinese listed power companies (2010-2021), this paper empirically analyzes how green credit promotes synergy between carbon reduction and efficiency improvement. It finds green technology innovation as a key mediator and ex…
PreprintZenodo2026#Transition FinanceDOI
Before You Rely on a Corporate Climate Transition Plan: Governing Handoffs Across Organizational Boundaries
Bell, Peter
This working paper presents a practical, non-scoring framework for assessing corporate climate transition plans that depend on external organizations beyond the company's control. It uses the German steel industry's shift to direct-reductio…
Peer-reviewedJournalInternational Scientific Journal of Engineering and Management2026#Transition FinanceDOI
Sovereign Green Bonds as a Catalyst for Strengthening India's Climate Finance Strategy
Mahima M Naik
This conceptual paper reviews India's Sovereign Green Bond framework introduced in 2022 and its debut issuance in 2023. Drawing on signalling theory, Pigouvian welfare economics, stakeholder theory, and the greenium concept, it develops an …
Peer-reviewedCNJournalInternational Review of Economics and Finance2026#Transition FinanceDOI
Green finance reforms and environmental protection: Evaluating the impact of GFRIs on polluting firms in China
Sun S.
This paper evaluates the impact of Green Finance Reform and Innovation (GFRI) pilot zones in China on the environmental performance of polluting firms. Using empirical methods, it finds that GFRIs led to reductions in pollution emissions am…
Peer-reviewedJournalQuantitative Finance2026#Transition FinanceDOI
The impact of green bonds on issuers' environmental performance
Chen Y.
This study empirically examines the causal impact of green bond issuance on issuers' environmental performance. It analyzes whether green bonds lead to emission reductions and improvements in environmental metrics, assessing the effectivene…