Quantifying Green Finance and its Impact on Greenhouse Gas
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Authors
Khan, Muhammad Asif
Ahmed, Masood
Hull, Robert M.
Issue Date
2021-06-01
Type
Working Paper
Language
en_US
Keywords
Green finance , Greenhouse gas , Renewable energy , Sustainable energy investments
Alternative Title
Abstract
Green finance encompasses the investment process that supplies funds for renewable energy sources that are needed for environmental sustainability. Our research is the first paper to quantify green finance as "investment in renewal energy" and examine the association of this quantification with greenhouse gas. Our major finding is consistent with the notion that green finance reduces greenhouse gas. Our results direct policymakers to increase sustainable energy investments so that environmental catastrophes can be avoided.
Description
Citation
Publisher
Washburn University. School of Business