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 …

Heterogeneous impacts of climate change news on China's financial markets

D Ma, Y Zhang, Q Ji, WL Zhao, P Zhai - International Review of Financial …, 2024 - Elsevier
This paper investigates the influence of climate change news on China's major assets:
stocks, exchange rates, treasury bonds and green bonds. Using 1.4 million articles from …

[HTML][HTML] Sustainable investments in volatile times: Nexus of climate change risk, ESG practices, and market volatility

MM Naseer, Y Guo, T Bagh, X Zhu - International Review of Financial …, 2024 - Elsevier
Climate change poses an unprecedented threat to global stability, presenting complex
political, economic, and social risks. As financial markets become increasingly intertwined …

Exploring the complex interplay of green finance, business cycles, and energy development

MR Sultanuzzaman, F Yahya, CC Lee - Energy, 2024 - Elsevier
Green finance has emerged as a contemporary mechanism to support investments in
renewable energy, energy efficiency, and sustainable infrastructure projects. This study aims …

[HTML][HTML] The impact of green quality of the energy consumption on carbon emissions in the United States

CK Lau, MK Mahalik, KN Rather, G Gozgor - Economic Analysis and Policy, 2023 - Elsevier
This paper investigates the impact of energy consumption's Green Quality Index (GQI) on
carbon dioxide (CO 2) emissions in the United States from 1970 to 2021. At this point, the …

Decarbonization efforts under the energy and climate policy uncertainties: a comparison between the USA and China

UK Pata - Clean Technologies and Environmental Policy, 2024 - Springer
Climate change is a major socio-economic issue that is intensively occupying the global
policy agenda. Countries are develo** various strategies to combat climate change as …

Green bond and green stock in China: The role of economic and climate policy uncertainty

Y Wang, W Yan, B Wang - The North American Journal of Economics and …, 2024 - Elsevier
Green finance (GF) plays a key role in combating climate change and advancing
sustainable economic development. At the same time, governments have enacted various …

Climate change sentiment, ESG practices and firm value: international insights

T Bagh, E Bouri, MA Khan - China Finance Review International, 2024 - emerald.com
Purpose This study investigates the effect of climate change sentiments (CCS) on firm value
(FV) and how environmental, social and governance (ESG) practices moderate this effect …

Asymmetric impacts of Chinese climate policy uncertainty on Chinese asset prices

N Iqbal, E Bouri, SJH Shahzad, N Alsagr - Energy Economics, 2024 - Elsevier
Uncertainty is important for pricing financial assets, and the academic literature is full of
evidence of how various types of financial, economic, and geopolitical uncertainties affect …