GX & Decarbonization Research

Yuegang Song, Haoqing Geng, Chien-Chiang Lee

This study empirically investigates the impact of China's carbon emissions trading policy on energy equity. Using provincial-level data, it examines how market-based environmental regulation affects low-income groups' energy burden, highlig…

Yu-Jie Hu, Ai-Ling Luo

This paper designs an optimized carbon pricing framework that integrates supply, demand, and governance for effective carbon markets. It focuses on balancing market mechanisms and regulations, providing practical guidance for policy design.

Xiaomin Li, Kiyoung Jeon

This paper analyzes the impact of carbon emissions trading systems (ETS) on corporate innovation performance from a global value chain (GVC) perspective. It explores how emission costs under ETS influence technological innovation and proces…

Xing Yu, Ying Fan, Bowen Xiao

This paper examines how global carbon pricing mechanisms are affected by financing inequality, suggesting that uniform carbon pricing may exacerbate inequality and offering policy implications for a just transition.

Francesco Biancalani, Giorgio Gnecco, Rodolfo Metulini +1

This correction presents a matrix completion analysis of the EU ETS's impact on CO2 emissions. Using causal inference methods, it provides empirical evidence on the effectiveness of emissions trading.

Kai Lessmann, Friedemann Gruner, Matthias Kalkuhl +1

This paper explores how introducing 'clean-up certificates' into emissions trading systems can leverage carbon debt to raise climate ambition. It theoretically analyzes the mechanism and its effects, offering insights for policy design.

Pan Yang, Yanfang Zhao, Lin Yang +2

This paper analyzes how information influences carbon emissions trading efficiency and corporate green investment. It reveals that reducing information asymmetry enhances the signaling function of carbon prices, promoting firm-level decarbo…

Zhonghua Cheng, Leyan Jiang

This study empirically examines whether carbon emissions trading increases corporate carbon risk premium. It finds that the introduction of trading schemes can lead to market pricing of carbon risk, potentially raising the risk premium. The…

Pradeep Marula Siddappanavara, Jayashree P

This review synthesizes mechanisms of carbon instability in mangrove blue carbon stocks due to acute (cyclones), chronic (sea-level rise), and synergistic (coastal squeeze) climate risks. It identifies a gap between market standards (Verra)…

Luca Zanin, Raffaella Calabrese

This paper uses NGFS scenarios in a survival analysis framework to project forward-looking PDs for 3.9 million SME securitised loans in Belgium, Italy, and Portugal up to 2050. Results show short-term PD increases under stringent climate po…

Maozhen Li, Yong Li

This study examines the impact of biodiversity risk disclosure (BRD) on corporate default risk using a sample of Chinese A-share listed firms from 2015-2023. By constructing a text-based BRD indicator, the authors find that BRD significantl…

Nanyan Dong, Jingyi Sun, Sicheng Luo +1

This study empirically examines the impact of mandatory ESG disclosure on labor share using evidence from China. It finds that mandatory disclosure requirements can increase labor share, suggesting that ESG transparency promotes fairer labo…

Shiva Balliram, Eduardo Pereira, Mostapha Al-Masry

This paper analyzes the disparity between climate finance contributions and military spending by major polluters, with a focus on the Climate Loss and Damage Fund (CLDF) established at COP27/COP28. It highlights the need for innovative fina…

Zhongyi Xiao, Ruoxi Ren, Huan Peng +1

This paper demonstrates that diversity within audit committees acts as a catalyst for higher quality corporate ESG disclosure. Diverse audit committees promote more comprehensive and transparent ESG reporting, benefiting investors and stake…

Hichem Dkhili

This study examines how climate risk disclosure affects corporate resilience and competitiveness using European firm panel data (2010-2024). Findings show that disclosure positively impacts competitiveness (financial performance, innovation…

Shuhua Zhang, Tong Wang, Yulu Ma +2

This paper analyzes optimal carbon pricing under climate uncertainty using a dynamic climate-economy model. It quantifies how uncertainty affects carbon price pathways and provides policy insights.

Hany Elbardan, Benjamin Awuah, Renata Konadu

This study investigates whether climate-linked executive compensation contracts improve corporate carbon performance. Using firm-level emissions data, we find that climate contracting leads to significant reductions in Scope 1 emissions, pa…

Elena Fedorova, Svetlana Ledyaeva, Elena Meshkova +2

This study examines how cultural factors influence ESG disclosure practices and their impact on bank performance across different continents. Findings suggest that cultural dimensions like individualism and uncertainty avoidance moderate th…

Kun Luo, Jiale Xue, Puspavathy Rassiah +1

This paper explores the use of AI to align ESG disclosure with actual corporate practices. It proposes methods using NLP and machine learning to enhance the reliability of disclosed information.

Taoufik Elkemali

Using 12,025 European firm-year observations, this study finds that R&D intensity positively influences ESG disclosure, with board independence strengthening this link. It highlights innovation-related informational frictions as a key deter…