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  1. The contribution of forest-based bioenergy in achieving deep decarbonization
    insights for Quebec (Canada) using a TIMES approach
    Erschienen: [2021]
    Verlag:  GERAD, HÉC Montréal, Montréal (Québec), Canada

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    Schriftenreihe: Les cahiers du GERAD ; G-2021, 66 (November 2021)
    Schlagworte: GHG emissions; forest-based bioenergy; TIMES model; prospective analysis; decarbonization pathways
    Umfang: 1 Online-Ressource (circa 25 Seiten), Illustrationen
  2. Impact of energy innovation on greenhouse gas emissions
    moderation of regional integration and social inequality in Asian economies
    Erschienen: [2022]
    Verlag:  Asian Development Bank Institute, Tokyo, Japan

    In order to reduce greenhouse gas (GHG) emissions and to achieve the Sustainable Development Goals (SDGs), Asian countries are trying to realize the potential of energy innovation. However, several structural issues might deter the expected impact of... mehr

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    In order to reduce greenhouse gas (GHG) emissions and to achieve the Sustainable Development Goals (SDGs), Asian countries are trying to realize the potential of energy innovation. However, several structural issues might deter the expected impact of energy innovation on GHG emissions. Given the ecologically unsustainable economic growth trajectory of Asian countries, achieving the full potential of energy innovation is necessary, and therefore an efficient development and diffusion of these solutions requires a policy reorientation. Given the present situation of Asian countries in attaining SDG objectives, there is a void in the academic literature in terms of a policy framework, and there lies the contribution of the present study. This study aims to shed light on how regional integration and social inequality can moderate the desired environmental impact of energy innovation. Based on the outcomes of the study conducted on 24 Asian countries over the period 1990-2019, this study has recommended a multipronged SDG-oriented policy framework. This policy framework is developed by considering the internal and external structural issues with Asian countries, and, using a phase-wise policy implementation approach, a way to address the objectives of SDGs 7, 9, and 13 is discussed.

     

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    Weitere Identifier:
    hdl: 10419/264164
    Schriftenreihe: ADBI working paper series ; no. 1304 (January 2022)
    Schlagworte: energy innovation; GHG emissions; Asia; regional integration; social inequality
    Umfang: 1 Online-Ressource (circa 31 Seiten), Illustrationen
  3. Gender diversity in bank boardrooms and green lending
    evidence from euro area credit register data
    Erschienen: [2022]
    Verlag:  European Central Bank, Frankfurt am Main, Germany

    Do female directors on banks' boards influence lending decisions toward less polluting firms? By using granular credit register data matched with information on firm-level greenhouse gas (GHG) emission intensities, we isolate credit supply shifts and... mehr

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    Do female directors on banks' boards influence lending decisions toward less polluting firms? By using granular credit register data matched with information on firm-level greenhouse gas (GHG) emission intensities, we isolate credit supply shifts and find that banks with more gender-diverse boards provide less credit to browner companies. This evidence is robust when we differentiate among types of GHG emissions and control for endogeneity concerns. In addition, we also show that female director-specific characteristics matter for lending behavior to polluting firms as better-educated directors grant lower credit volumes to more polluting firms. Finally, we document that the "greening" effect of the female members in banks' boardrooms is stronger in countries with more female climate-oriented politicians.

     

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    Sprache: Englisch
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    ISBN: 9789289953894
    Weitere Identifier:
    hdl: 10419/269148
    Schriftenreihe: Working paper series / European Central Bank ; no 2741 (October 2022)
    Schlagworte: GHG emissions; Gender; Board diversity; Credit registry; Bank lending
    Umfang: 1 Online-Ressource (circa 58 Seiten), Illustrationen
  4. Gender diversity in bank boardrooms and green lending
    evidence from euro area credit register data
    Erschienen: October 2022
    Verlag:  Bank for International Settlements, Monetary and Economic Department, [Basel]

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    Schriftenreihe: BIS working papers ; no 1044
    Schlagworte: GHG emissions; gender; board diversity; credit registry; bank lending
    Umfang: 1 Online-Ressource (circa 57 Seiten), Illustrationen
  5. Greenhouse gas emissions embedded in agricultural trade
    implications and potential opportunities for Asia-Pacific
    Erschienen: 2023
    Verlag:  ESCAP, Bangkok

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    Schriftenreihe: Trade, investment and innovation working paper series ; no. 01 (January 2023)
    Schlagworte: agricultural trade; GHG emissions; climate change; carbon tariffs; carbon pricing; Asia-Pacific
    Umfang: 1 Online-Ressource (circa 21 Seiten), Illustrationen
  6. Dati e metodi per la valutazione dei rischi climatici e ambientali in Italia

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    Sprache: Italienisch
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    Schriftenreihe: Questioni di economia e finanza / Banca d'Italia ; number 732 (November 2022)
    Schlagworte: sustainable data gap; climate change; sustainable finance; physical risk; transition risk; GHG emissions; energy
    Umfang: 1 Online-Ressource (circa 45 Seiten)
  7. Benefits and costs of the ETS in the EU, a lesson learned for the CBAM design
    Erschienen: [2023]
    Verlag:  European Central Bank, Frankfurt am Main, Germany

    The EU is revising its emissions trading system (ETS) and plans to impose a carbon border adjustment mechanism (CBAM) on imports. We evaluate the efficacy of the ETS retrospectively and its anti-competitive effects. We find that the ETS contributed... mehr

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    The EU is revising its emissions trading system (ETS) and plans to impose a carbon border adjustment mechanism (CBAM) on imports. We evaluate the efficacy of the ETS retrospectively and its anti-competitive effects. We find that the ETS contributed to cut greenhouse gas (GHG) emissions in the EU by 2-2.5 percentage points per year; pricier emissions and more stringent caps accelerated the EU greening process. However, some carbon leakages occurred as declining emissions in regulated industries within the EU were counterbalanced by an intensification elsewhere. Moreover, it burdened companies in regulated industries. For a comparable rise in the emission intensity of production, gross output of companies located in the EU drops more than output of companies outside the EU. In addition, the choice of purchasing high-emission inputs from within the EU translates into a competitive disadvantage for companies located within the EU. The large drop in F-type output when emissions intensity rises might signal their enhanced ability to relocate the production of high-carbon footprints intermediates to non-regulated regions. Outsourcing helps dodging the EU green regulation and the strategy becomes increasingly appealing as the sectoral coverage of the ETS is extended. A careful joint design of the CBAM and the ETS becomes thus crucial to avoid that applying the CBAM to a restricted list of imports while expanding the ETS coverage puts the EU at greater risk of carbon leakages without concretely reducing global emissions.

     

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    ISBN: 9789289955065
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    hdl: 10419/278302
    Schriftenreihe: Working paper series / European Central Bank ; no 2764 (January 2023)
    Schlagworte: GHG emissions; ETS; Carbon leakages; CBAM
    Umfang: 1 Online-Ressource (circa 63 Seiten), Illustrationen
  8. Saudi Arabia net zero GHG emissions by 2060
    transformation of the electricity sector
    Erschienen: November 2023
    Verlag:  King Abdullah Petroleum Studies and Research Center, [Riyadh, Saudi Arabia]

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    Schriftenreihe: Discussion paper / King Abdullah Petroleum Studies and Research Center ; [2023, dp31]
    Schlagworte: Net Zero; GHG emissions; Saudi Arabia; GCAM-KSA; Scenario Analysis; Climate Change; Power Sector; Renewable Energy
    Umfang: 1 Online-Ressource (circa 29 Seiten), Illustrationen
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  9. Long-term decarbonization pathway for Saudi Arabia to reach net zero GHG emissions by 2060
    Erschienen: November 2023
    Verlag:  King Abdullah Petroleum Studies and Research Center, [Riyadh, Saudi Arabia]

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    Schriftenreihe: Discussion paper / King Abdullah Petroleum Studies and Research Center ; [2023, dp30]
    Schlagworte: Net Zero; GHG emissions; Saudi Arabia; GCAM-KSA; Scenario Analysis; Climate Change
    Umfang: 1 Online-Ressource (circa 29 Seiten), Illustrationen
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    Die Zählung der Reihe wurde den Angaben im DOI entnommen

  10. Do firms respond to commitments on climate change?
    impact of COP21 on investment intensity
    Erschienen: August 2023
    Verlag:  Indian Institute of Management Ahmedabad, [Ahmedabad]

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    Schriftenreihe: IIMA working paper ; W.P. no. 2023, 08-02
    Schlagworte: COP21; GHG emissions; Capex intensity; Climate change; Climate finance; Climate risk
    Umfang: 1 Online-Ressource (circa 55 Seiten), Illustrationen
  11. Unilateral carbon pricing and heterogeneous firms
    Autor*in: Sogalla, Robin
    Erschienen: 2023
    Verlag:  DIW Berlin, German Institute for Economic Research, Berlin

    Several empirical studies document the relevance of firm heterogeneity to assess the effect of trade and environmental policy. This paper develops a multi-country and -sector general equilibrium trade model with heterogeneous firms and analyzes the... mehr

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    Several empirical studies document the relevance of firm heterogeneity to assess the effect of trade and environmental policy. This paper develops a multi-country and -sector general equilibrium trade model with heterogeneous firms and analyzes the effect of domestic carbon pricing as well as carbon border adjustments. In the presence of heterogeneous firms, these unilateral carbon pricing tools affect the emission intensity both via within- and across-firm adjustments. I show that the across-firm reallocation of market shares can be quantified ex-ante using publicly available data on the share of exporting firms. Applying the model to EU climate policy, I find that emission reductions arise mainly through a lower emission intensity of production within firms, while the reallocation channel is negligible. Scale economies aggravate the output loss of emission-intensive manufacturing and the reduction of real income due to more stringent climate policy, but increase the effectiveness of border adjustments to counter carbon leakage. The selection of heterogeneous plays a more limited role for aggregate effects.

     

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    hdl: 10419/280782
    Schriftenreihe: Discussion papers / Deutsches Institut für Wirtschaftsforschung ; 2060
    Schlagworte: International trade; Firm heterogeneity; Unilateral climate policy; Carbon Border Adjustment; GHG emissions
    Umfang: 1 Online-Ressource (circa 78 Seiten), Illustrationen
  12. The stock market effects of committing and setting GHG targets
    evidence from the science-based initiative
    Erschienen: November 2023
    Verlag:  [Banco de México], [Ciudad de México, México]

    Many companies are setting ambitious targets to reduce their greenhouse gas emissions (GHG) per the Paris Agreement. However, there is limited evidence on the market effects of setting those targets. Using a GARCH model with a trend developed by the... mehr

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    Many companies are setting ambitious targets to reduce their greenhouse gas emissions (GHG) per the Paris Agreement. However, there is limited evidence on the market effects of setting those targets. Using a GARCH model with a trend developed by the authors and a panel fixed effects model, this paper analyzes the short-run effects of committing and setting GHG targets on public companies' stock price returns and volatility. We find no evidence that committing or setting a target yields higher returns but contributes to a reduction in price volatility, albeit the impact is short-lived. In view of these results, we conclude that there are no visible stock market gains in the short term for companies that commit and set GHG targets and that other factors may explain their motivations to engage in GHG mitigation actions.

     

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    Schriftenreihe: Working papers / Banco de México ; no 2023, 15
    Schlagworte: Stock returns; Volatility; GHG emissions; ESG; GARCH
    Umfang: 1 Online-Ressource (circa 38 Seiten), Illustrationen
  13. Challenges in measuring the distribution of carbon footprints
    the role of product and price heterogeneity
    Erschienen: 12 février 2024
    Verlag:  Insee, Institut national de la statistique et des études économiques, Montrouge, France

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    Schriftenreihe: Documents de travail / Insee ; no. 2024, 01 (février 2024)
    Schlagworte: carbon footprint; GHG emissions; inequality; household consumption; expenditure surveys; distribution
    Umfang: 1 Online-Ressource (circa 60 Seiten), Illustrationen
  14. Investments in green projects and value-added GDP
    an environmentally integrated multiregional SAM approach
    Erschienen: [2024]
    Verlag:  Università di Verona, Department of Economics, [Verona]

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    Schriftenreihe: Working paper series / Department of Economics, University of Verona ; WP number 2 (January 2024)
    Schlagworte: EI-MRSAM; investments in green projects; value-added GDP; climate change; GHG emissions; environmental valutation; digital transformation
    Umfang: 1 Online-Ressource (circa 34 Seiten), Illustrationen
  15. Different quantile regression models for quantifying the dependence between environmental quality and economic growth
    Autor*in: Saman, Corina
    Erschienen: [2023]
    Verlag:  [Institute for Economic Forecasting], [Bukarest]

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    Schriftenreihe: [Working papers of Institute for Economic Forecasting ; 231001]
    Schlagworte: GHG emissions; Economic Growth; Energy consumption; Financial development index; Panel quantile models
    Umfang: 1 Online-Ressource (circa 15 Seiten), Illustrationen
  16. Investment in renewable energy and emissions
    firm-level empirical evidence from the People's Republic of China
    Erschienen: [2023]
    Verlag:  Asian Development Bank Institute, Tokyo, Japan

    This study investigates the impact of firms' emissions on their investments in renewable energy. Stricter environmental regulations are aimed at incentivizing firms to invest in low-emission/pollution technologies such as renewable energy. Recently,... mehr

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    This study investigates the impact of firms' emissions on their investments in renewable energy. Stricter environmental regulations are aimed at incentivizing firms to invest in low-emission/pollution technologies such as renewable energy. Recently, the People's Republic of China (PRC) announced a large number of environmental regulations in order to address emission and air pollution issues. Using the unique data set of annual firm-level data of 147 firms from the PRC that invested in renewable energy projects domestically during the period 2015-2020, our results demonstrate that firms with greater air pollution or greenhouse gas emissions (measured as a share of revenue) invest more in renewable energy (measured as a share of equity). The results have survived several robustness checks.

     

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    Schriftenreihe: ADBI working paper series ; no. 1421 (December 2023)
    Schlagworte: renewable energy; air pollution; People's Republic of China; GHG emissions; green investment; COVID-19
    Umfang: 1 Online-Ressource (circa 23 Seiten), Illustrationen
  17. Fossil fuel subsidies and GHG emissions
    firm-level empirical evidence from developing Asia
    Erschienen: [2023]
    Verlag:  Asian Development Bank Institute, Tokyo, Japan

    Given the commitment of G7 and G20 countries to the gradual elimination of fossil fuel subsidies and their advocacy for other nations to follow suit, this study examines the effects of such subsidies on firms' GHG emissions. Utilizing a dataset... mehr

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    Given the commitment of G7 and G20 countries to the gradual elimination of fossil fuel subsidies and their advocacy for other nations to follow suit, this study examines the effects of such subsidies on firms' GHG emissions. Utilizing a dataset comprising 3,359 firms across seven countries in developing Asia, namely, the People's Republic of China (PRC), India, Indonesia, Malaysia, Pakistan, Thailand, and Viet Nam, we demonstrate that a firm's GHG emissions, encompassing both absolute GHG emissions and GHG emission intensity, exhibit an upward trajectory concurrent with an escalation in fossil fuel subsidies. This observed correlation extends to both subsidies per unit of energy and subsidies relative to GDP, with subsidies allocated to crude oil exerting a notably more pronounced impact than those designated for gas and electricity. Furthermore, our analysis demonstrates heterogeneity in outcomes across firms situated in diverse regions and sectors. Particularly, the impact of fossil fuel subsidies on firms' emissions is greater in sectors characterized by low energy consumption, compared to those with high energy consumption. This discrepancy is probably attributed to a lack of cost-competitive low-carbon substitutes and non-energy emissions. While fossil fuel subsidies have a positive impact on firms' GHG emissions in Southeast Asia, no significant effect is documented for the PRC or South Asia.

     

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    Schriftenreihe: ADBI working paper series ; no. 1424 (December 2023)
    Schlagworte: fossil fuel subsidy; energy subsidy; GHG emissions; hard-to-abate sectors
    Umfang: 1 Online-Ressource (circa 24 Seiten), Illustrationen