GX & Decarbonization Research

Sagone, Simona, Cellura, Maurizio

This systematic literature review examines the Carbon Border Adjustment Mechanism (CBAM) from the perspective of Mediterranean developing countries, applying the Common But Differentiated Responsibilities (CBDR) principle. Analyzing 138 stu…

Nathania Adella Panjaitan, Yunieta Anny Nainggolan

This study analyzes 65 Indonesian listed infrastructure firms to examine how SBTi-aligned disclosures and financial health affect green finance uptake. Logistic regression reveals that cost of debt is the only significant financial predicto…

Huiyun Li, Zongbao Yu, Gang Chen +1

Using China's green finance reform and innovation pilot zones as a quasi-natural experiment, this study employs a double debiased machine learning model on 270 cities from 2010-2021 to assess the impact of green finance policy on regional c…

Junying Fan, Daojuan Wang, Yuhua Zheng

This paper proposes FinATG, an AI-driven framework for extracting sustainability-related financial information from English texts to support ESG investment decisions in emerging markets. It achieves entity F1 of 88.5 and REL F1 of 80.2 on s…

Luis Manuel Duran Cornelio

This paper analyzes the Dominican Republic's inaugural sovereign green bond (USD 750 million, June 2024) as a case study for climate finance in emerging markets. The bond achieved a 15-basis-point greenium but faces a USD 17.6 billion clima…

Y. Akin

This study analyzes financing strategies for oil and gas companies to achieve long-term energy transition under tightening ESG regulations. Using an ESG-integrated financial model for an offshore wind project and Monte Carlo simulation, it …

Qiwen Dai, Ju He, Zhongyuan Guo +2

This study empirically evaluates the impact of China's 2012 Green Credit Guidelines on high-polluting firms using a panel dataset of A-share listed companies from 2006-2022. Applying a DID framework, it finds a 2.3-3.7 point improvement in …

Artur Sgambatti Monteiro, Anne-Katrin Broocks

This paper analyzes Acre's ISA Carbono Program, a jurisdictional REDD+ framework, exploring convergences between Indigenous worldviews and Western climate mitigation. It examines benefit-sharing structures adapted to ART/TREES and the LEAF …

Arundhati Mukherjee

This paper analyzes India's least-cost power sector transition using Marginal Abatement Cost curves, real-time market signals, and the Carbon Credit Trading Scheme. It finds that renewables and demand response dominate negative-cost abateme…

Aneurin Merrill-Glover, James Palmer, Roosa Rytkönen +1

This article examines the categorical challenges faced by UK peatland carbon credits in emerging natural capital markets. Peatland restoration generates emission prevention credits, but market demand favors removal credits, hindering invest…

Su-Heon Jang, Taeyoung Kim, Seong-Jik Park

This study compares GHG mitigation technologies and their integration into national inventories across eight countries, including Korea, Japan, and the US. Japan and the US have advanced Tier 2-3 inventory structures with country-specific e…

N. Narsa Goud

This study examines the impact of ESG disclosure and R&D investment on financial performance for Indian listed firms. Using panel data models, it finds that overall ESG disclosure positively correlates with ROE, ROA, and Tobin's Q. Environm…

Julien Roemer, Baby-Jean Robert Mungyeko Bisulandu, Daniel R. Rousse +3

The mining industry is energy-intensive and fossil-fuel dependent. This review analyzes energy consumption patterns and decarbonization pathways including electrification, hybrid systems, renewables, and storage. Case studies from Canadian …

Gabriela Dubcová, Emil Velinov, Martina Kosikova

This study investigates ESG integration in large European enterprises under CSR Europe, analyzing ESG behaviors via seven criteria. It finds environmental strategies significantly impact revenue but reveals disparities in ESG integration. T…

ABHISHEK A, Muhammed Ashif K, Abel Jopaul V P and Dr Mohammad Irshad V K

This study quantifies financial and operational returns from climate mitigation and adaptation investments in fragmented regulatory environments. Analyzing 152 Fortune 500 reports and 80 C-suite interviews, it finds mitigation investments y…

Farisa Maula, Siti Rachmah

This systematic review of 79 papers (2015-2025) examines how female leadership affects ESG reporting quality. It finds a consistent positive link, especially when women hold decision-making positions and critical mass on boards. The review …

Alma Maria Petcu

This paper conducts a bibliometric analysis of 1,461 articles on the relationship between ESG and financial performance. It identifies themes such as ESG disclosure, risk-return, dividends, innovation, and earnings management, and highlight…

Yunlong Zhang, Markus Millinger, Fredrik Hedenus +2

Using a European energy system model, this paper finds that e-biofuels—produced by adding renewable hydrogen to biomass conversion—are cost-effective for meeting stringent emissions targets, especially when biomass is limited and fossil fue…

Fanqi Jia, Андре Депперманн, Juraj Balkovič +10

This study assesses the cost-effectiveness of restoring drained organic soils in EU agriculture. Under a 100 EUR/tCO2e carbon price, 38.2-44.4 MtCO2e/yr could be mitigated by 2050. Paludiculture demand could enable 2 Mha restoration without…

Kaleem Anwar Mir, Pallav Purohit, Shahbaz Mehmood +1

This study develops the first technology-resolved, high-resolution, multi-pollutant emission inventory for Pakistan's transport sector using the GAINS model. It projects emissions under BAU, EV transition (EVT), Euro-VI, and integrated NDC+…