货币政策对可持续性的影响:分析利率和企业碳排放
Dimitris Anastasiou1, Antonis Ballis2, Assil Guizani3
1Athens University of Economics and Business, Athens, Greece.
Journal of environmental management
|August 13, 2024
概括
较高的利率增加了企业的碳排放,优先考虑短期融资而不是可持续性. 像"巴黎协定"这样的全球气候倡议可以减轻这种影响,鼓励绿色投资.
科学领域:
- 环境经济学环境经济学
- 公司融资公司融资
- 货币政策 货币政策 货币政策
背景情况:
- 货币政策对企业的决策产生重大影响.
- 巴黎协定 (2015) 标志着全球对气候行动的承诺.
- 了解金融政策与环境影响之间的联系至关重要.
研究的目的:
- 调查货币政策,特别是利率对企业碳排放的影响.
- 分析这种关系在"巴黎协定"之前和之后是如何发展的.
- 确定加剧利率对碳足迹影响的上下文因素.
主要方法:
- 企业碳排放和利率数据的经济学分析.
- 对"巴黎协定"前后时期进行比较分析.
- 使用替代措施和样本进行稳定性检查,解决内源性问题.
主要成果:
- 高利率和碳排放增加之间存在积极的关系.
- 这种正相关性在巴黎协定实施后变得较弱.
- 在经济不确定性,治理薄弱和投资者保护不良的情况下,这种影响更为明显.
结论:
- 货币政策,特别是利率上,可能会阻碍企业的环境可持续性.
- 像"巴黎协定"这样的全球气候协议可以缓解这种负面影响.
- 需要针对性的政策来解决不确定性和企业治理问题,以促进绿色投资.
更多相关视频
08:18Design and Use of a Full Flow Sampling System FFS for the Quantification of Methane Emissions
Published on: June 12, 2016
16.7K
08:09Measuring and Mapping Patterns of Soil Erosion and Deposition Related to Soil Carbonate Concentrations Under Agricultural Management
Published on: September 12, 2017
11.8K
相关概念视频
Sustainable Development
13.2K
As the human population continues to grow and use resources, we must be mindful of our planet’s natural limits. Sustainable development provides a pathway to maintain and improve human life now while also ensuring that future generations will have the resources that they need. The long-term success of sustainability efforts rests on understanding the interplay between human actions and ecological systems.
13.2K
The Carbon Cycle
37.2K
Carbon is the basis of all organic matter on Earth, and is recycled through the ecosystem in two primary processes: one in which carbon is exchanged among living organisms, and one in which carbon is cycled over long periods of time through fossilized organic remains, weathering of rocks, and volcanic activity. Human activities, including increased agricultural practices and the burning of fossil fuels, has greatly affected the balance of the natural carbon cycle.
37.2K
Global Climate Change
24.3K
Throughout its ~4.5 billion year history, the Earth has experienced periods of warming and cooling. However, the current drastic increase in global temperatures is well outside of the Earth’s cyclic norms, and evidence for human-caused global climate change is compelling. Paleoclimatology, the study of ancient climate conditions, provides ample evidence for human-caused global climate change by comparing recent conditions with those in the past.
24.3K
Energy Conservation and Bernoulli's Equation
8.9K
Applying the conservation of energy principle or the work-energy theorem to an incompressible, inviscid fluid in laminar, steady, irrotational flow leads to Bernoulli's equation. It states that the sum of the fluid pressure, potential, and kinetic energy per unit volume is constant along a streamline.
All the terms in the equation have the dimension of energy per unit volume. The kinetic energy per unit volume is called the kinetic energy density, and the potential energy per unit volume is...
All the terms in the equation have the dimension of energy per unit volume. The kinetic energy per unit volume is called the kinetic energy density, and the potential energy per unit volume is...
8.9K
