Can green investment funds hedge climate risk?

N Arfaoui, MA Naeem, T Maherzi, UN Kayani - Finance Research Letters, 2024 - Elsevier
We analyze tail risk dependence between Green Investment Funds (GIFs) and climate risks,
emphasizing diversification benefits, safe-haven, and hedge features from 2009 to 2022 …

Transition versus physical climate risk pricing in European financial markets: A text-based approach

G Bua, D Kapp, F Ramella… - The European Journal of …, 2024 - Taylor & Francis
Under its climate regulation, the EU is expected to become the first continent with a net-zero
emissions balance. We study the pricing of climate risks, physical and transition, within …

Carbon allowances amid climate change concerns: Fresh insights from wavelet multiscale analysis

JW Goodell, H Nammouri, F Saâdaoui… - Finance Research Letters, 2023 - Elsevier
We examine the dynamic nexus between the carbon emission price and climate change
concerns using novel measures of alternatively both physical and transitional climate risks …

Do climate change risks affect the systemic risk between the stocks of clean energy, electric vehicles, and critical minerals? Analysis under changing market conditions

SA Basher, P Sadorsky - Energy Economics, 2024 - Elsevier
This paper analyzes the impact of climate change risks—specifically from natural disasters,
global warming, international summits, and US climate policy—on the return connectedness …

Exploring interconnectedness between climate change, renewable energy, technological innovation, and G-17 banking stock markets

I Younis, WU Shah, I Missaoui, X Tang - Journal of Cleaner Production, 2024 - Elsevier
This study schemes to explore novel insights from crisis risk spillovers and volatility
connectedness among climate change, renewable energy, technological innovation, and …

Forecasting of clean energy market volatility: The role of oil and the technology sector

Š Lyócsa, N Todorova - Energy Economics, 2024 - Elsevier
This study is the first to explore whether the well-known relationship between the clean
energy sector, oil prices, and technology stocks can be leveraged to enhance the accuracy …

[HTML][HTML] The effects of physical and transition climate risk on stock markets: Some multi-Country evidence

M Albanese, GM Caporale, I Colella, N Spagnolo - International Economics, 2025 - Elsevier
This paper examines the impact of transition and physical climate risk on stock markets
using, for the first time in this context, the annual Climate Change Performance Index (CCPI) …

How climate risks relate to Chinese green finance markets in time-frequency domains? A consideration of extreme market conditions

R Liu, L He, L Chen, Y Fu - Journal of Cleaner Production, 2025 - Elsevier
The correlation between Chinese green finance markets and climate risks remains
unknown, although the association between climate risks and finance markets has been …

Physical climate risk attention and dynamic volatility connectedness among new energy stocks

X Gong, Q Liao - Energy Economics, 2024 - Elsevier
Based on a sample of 41 Chinese new energy stocks during the period from 2016 to 2022,
this paper uses the improved Diebold-Yilmaz method to analyze the volatility connectedness …

Do climate change risks impact clean energy stock prices? Evidence from machine learning

SA Basher, P Sadorsky - … from machine learning (March 28, 2024), 2024 - papers.ssrn.com
The disruptive impacts of climate change have necessitated a transition to a low-carbon
economy. This paper explores the role of climate change risks in predicting the direction of …