What question did this study set out to answer?

To evaluate the empirical impact of green finance, operationalized as climate mitigation finance, on the ecological footprint across twenty-six Asian economies.

August 2, 2021SHILAP Revista de lepidopterologíaOpen Access

Does green finance really deliver what is expected? An empirical perspective

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Authors

MKMuhammad Asif KhanNational University of Science and Technology HRHammad RiazMarwadi University MAMasood AhmedShanghai University

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Implication

Econometric analysis reveals reduced ecological footprints across twenty-six Asian economies, indicating that climate mitigation finance successfully delivers environmental benefits.

Key Points

To evaluate the empirical impact of green finance, operationalized as climate mitigation finance, on the ecological footprint across twenty-six Asian economies.
Evaluated a panel dataset of twenty-six economies across the Asian region.
Quantified green finance through Asian Development Bank and Global Environment Facility climate mitigation finance allocations.
Estimated impacts using a baseline ordinary least squares (OLS) model followed by fixed-effects panel regression and alternative robustness specifications.
Green finance allocations demonstrated a statistically significant reduction in ecological footprints across the examined Asian economies.
The observed environmental benefits remained robust across multiple estimation strategies and alternative model measures.

Cite This Study

Khan et al. (2021) studied this question.

synapsesocial.com/papers/69d7e3ee5c3030ff03d17fc2 https://doi.org/10.1016/j.bir.2021.07.006

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Implication

Econometric analysis reveals reduced ecological footprints across twenty-six Asian economies, indicating that climate mitigation finance successfully delivers environmental benefits.

Does green finance really deliver what is expected? An empirical perspective

Discussion

Member takes

Implication

Key Points

Cite This Study

Does green finance really deliver what is expected? An empirical perspective

Discussion

Member takes

Implication

Key Points

Cite This Study

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