Journal of Climate Finance最新文献_第6页

Climate change opportunity and corporate investment: Global evidence 气候变化机遇与企业投资:全球证据

Journal of Climate Finance Pub Date : 2023-06-01 DOI: 10.1016/j.jclimf.2023.100013

Rufei Ma, Ruicai Yuan, Xinxin Fu

引用次数: 3

Climate risk and future stock price crash: Evidence from U.S. firms 气候风险和未来股价暴跌:来自美国公司的证据

Journal of Climate Finance Pub Date : 2023-06-01 DOI: 10.1016/j.jclimf.2023.100012

Xiaoyu Dong, Lewis Liu

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引用次数: 4

When health and environment are entwined: An analysis of green, conventional and government bonds during the COVID-19 variants of concern (VOC) 当健康和环境交织在一起:对2019冠状病毒病关注变体(VOC)期间的绿色、传统和政府债券的分析

Journal of Climate Finance Pub Date : 2023-06-01 DOI: 10.1016/j.jclimf.2023.100011

Hassanudin Mohd Thas Thaker , Anna Maria Dharmendra , Soon Wen Wong , Mosharrof Hosen , Farhad Taghizadeh-Hesary

引用次数: 1

A scenario analysis of the potential effects of decarbonization on the profitability of energy-intensive and natural-resource based industries 脱碳对能源密集型和以自然资源为基础的工业盈利能力的潜在影响的情景分析

Journal of Climate Finance Pub Date : 2023-03-01 DOI: 10.1016/j.jclimf.2023.100008

Fredrik N.G. Andersson

引用次数: 0

What is green finance, after all? – Exploring definitions and their implications under the Brazilian biofuel policy (RenovaBio) 到底什么是绿色金融?-探索巴西生物燃料政策下的定义及其影响(RenovaBio)

Journal of Climate Finance Pub Date : 2023-03-01 DOI: 10.1016/j.jclimf.2023.100009

L.L.B. Lazaro , C.S. Grangeia , L. Santos , L.L. Giatti

{"title":"What is green finance, after all? – Exploring definitions and their implications under the Brazilian biofuel policy (RenovaBio)","authors":"L.L.B. Lazaro , C.S. Grangeia , L. Santos , L.L. Giatti","doi":"10.1016/j.jclimf.2023.100009","DOIUrl":"https://doi.org/10.1016/j.jclimf.2023.100009","url":null,"abstract":"<div><p>Climate change concerns and energy transitions are currently addressing not only energy technologies and innovations to decarbonize economies, but also financial mechanisms to enable such transitions. The concepts of green finance and green investment have expanded in recent years, bringing perspectives to support sustainable projects. In this study, we examine the scientific research in green finance to identify advances, main topics, and policy recommendations. We then explore how green financing can play an important role in supporting the development and implementation of biofuel projects in Brazil. The biofuel policy (RenovaBio) established a carbon market the so-called “Decarbonization Credits” (CBIOs), which is a financial instrument designed to incentivize the production and use of sustainable biofuels and reduce greenhouse gas emissions. The findings suggest that green finance needs to advance with a clear definition of their requirements and standards not to fund non-green projects and projects that overlook social and environmental sustainability for economic benefits, and to enable investors to better assess risks and opportunities of their investments. Regarding green finance for biofuel, while some studies suggest that biofuels could play a role in the transition to a green economy, others warn of the environmental costs associated with large-scale production, which can lead to negative impacts on biodiversity, and land-water use. It is expected that the green finance issue in Brazil will find fertile ground in the biofuel sector. However, this will depend on sustainable agriculture practices, as well as on designing the RenovaBio program in such a way that is transparent, accountable, and socially and environmentally responsible.</p></div>","PeriodicalId":100763,"journal":{"name":"Journal of Climate Finance","volume":"2 ","pages":"Article 100009"},"PeriodicalIF":0.0,"publicationDate":"2023-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49882879","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 6

Effect of green investment to reduce carbon emissions in an imperfect production system 不完善生产体系下绿色投资对碳排放的影响

Journal of Climate Finance Pub Date : 2023-03-01 DOI: 10.1016/j.jclimf.2023.100007

S. Priyan

{"title":"Effect of green investment to reduce carbon emissions in an imperfect production system","authors":"S. Priyan","doi":"10.1016/j.jclimf.2023.100007","DOIUrl":"https://doi.org/10.1016/j.jclimf.2023.100007","url":null,"abstract":"<div><p>Climate change is a serious hazard to human life today, and the greenhouse effect is its key cause. The production sector is one of the biggest contributors to climate change as it accounts for a large part of greenhouse gas emissions. Many nations have created ecological policies and regulations to prevent industries from emitting excessive amounts of carbon emissions (CO2) into the ecosystem. Industry experts believe that green technology might aid in making a more sustainable future as a result of the current climate crisis. Investments in green technologies are rising rapidly which may allow more nations to adopt green technology and transition away from non-renewable resources. This research explores the viability of investing in green technology to achieve a sustainable production scheduling considering an uncertain amount of CO2 during the processes of production, transport, and storage, and thus offers managerial insights for policymakers to reduce both CO2 and overall cost. This study assumes an imperfect production process where a fraction of the items is faulty, and the firm employs a rework approach to rectify the faulty items. The firm invests in green technology to significantly cut CO2 and support innovation to address the climate crisis and benefit communities. The main point of the study is to develop a solution procedure of the problem associated with the amount of CO2 where all the CO2 factors might increase or decrease fuzziness. According to the skills gained by the decision maker we fuzzify all CO2 factors as trapezoidal fuzzy numbers, and we use a signed distance method to defuzzify the model. The results imply that the production sector’s outsize ecological CO2 can be reduced without compromising quality by designing optimal production strategies. The findings also confirm that green investment is the greatest economical method for reducing CO2 and overall costs.</p></div>","PeriodicalId":100763,"journal":{"name":"Journal of Climate Finance","volume":"2 ","pages":"Article 100007"},"PeriodicalIF":0.0,"publicationDate":"2023-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49882878","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 4

Media coverage of COVID-19 and its relationship with climate change indices: A dynamic connectedness analysis of four pandemic waves COVID-19媒体报道及其与气候变化指数的关系:四次大流行浪潮的动态连通性分析

Journal of Climate Finance Pub Date : 2023-03-01 DOI: 10.1016/j.jclimf.2023.100010

Onur Polat , Rim El Khoury , Muneer M. Alshater , Seong-Min Yoon

{"title":"Media coverage of COVID-19 and its relationship with climate change indices: A dynamic connectedness analysis of four pandemic waves","authors":"Onur Polat , Rim El Khoury , Muneer M. Alshater , Seong-Min Yoon","doi":"10.1016/j.jclimf.2023.100010","DOIUrl":"https://doi.org/10.1016/j.jclimf.2023.100010","url":null,"abstract":"<div><p>This study explores the impact of the COVID-19 media coverage index (MCI) on the return and volatility connectedness of five MSCI Climate Changes Indices (the USA, Emerging Markets (EMU), Japan, Europe, and the Asia Pacific). The sample period was from 11 March 2020–19 January 2022, divided into sub-samples based on four waves of the COVID-19 pandemic. Thus, we use the time-varying parameter vector autoregression (TVP-VAR) model besides the frequency-dependent connectedness network approach. The key findings are as follows. First, the results demonstrate that the MCI is a net receiver of shocks in all waves, and the highest level of connectedness occurs in the first wave. The findings concerning volatility are similar, with the majority of MSCI Climate Change Indices being net transmitters, potentially indicating the severity of the pandemic. Second, estimating the short-, medium-, and long-term return network connectedness indicates the dominance of strong-term connectedness suggesting the spread of shocks within a week. Our results are robust by replacing MCI with Panic Index (PI). These results have implications for investors and policymakers.</p></div>","PeriodicalId":100763,"journal":{"name":"Journal of Climate Finance","volume":"2 ","pages":"Article 100010"},"PeriodicalIF":0.0,"publicationDate":"2023-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49882880","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 4

Where is the Carbon Premium? Global Performance of Green and Brown Stocks 碳补贴在哪里?绿色和棕色股票的全球表现

Journal of Climate Finance Pub Date : 2023-01-01 DOI: 10.1016/j.jclimf.2023.100006

M. Bauer, D. Huber, Glenn D. Rudebusch, Ole Wilms

引用次数: 12

Climate finance: What we know and what we should know? 气候融资:我们知道什么，我们应该知道什么?

Journal of Climate Finance Pub Date : 2023-01-01 DOI: 10.1016/j.jclimf.2023.100005

Suwan(Cheng) Long, B. Lucey, Shylendra Kumar, da-Ying Zhang, Zhiwei Zhang

引用次数: 3

Global temperature shocks and real exchange rates 全球气温冲击与实际汇率

Journal of Climate Finance Pub Date : 2022-12-01 DOI: 10.1016/j.jclimf.2022.100004

Sinyoung O. Lee , Nelson C. Mark , Jonas Nauerz , Jonathan Rawls , Zhiyi Wei

引用次数: 9