Scaling up private investment in renewable energy is indispensable for achieving decarbonization of the global economy, low carbon transformation, and climate-resilient growth. As advocated by the United Nations, governments should create a level playing field for private investment in renewable...

This study investigates the impact of firms' emissions on their investments in renewable energy. Stricter environmental regulations are aimed at incentivizing firms to invest in low-emission/pollution technologies such as renewable energy. Recently, the People's Republic of China (PRC) announced...

Given the commitment of G7 and G20 countries to the gradual elimination of fossil fuel subsidies and their advocacy for other nations to follow suit, this study examines the effects of such subsidies on firms' GHG emissions. Utilizing a dataset comprising 3,359 firms across seven countries in...

This study examines the impact of feed-in tariffs (FITs) on promoting investments in renewable energy (RE) in Southeast Asia. Using a unique annual firm-level dataset from six Southeast Asian economies from 2012 to 2021, we find robust evidence that FITs in Southeast Asian economies...

ASEAN countries share the common challenge of energy security, which consists of meeting rising demand for energy in a secure, affordable and sustainable manner. This paper extends the gravity model to estimate the effects of economic integration, renewable energy supply and energy efficiency on...

Mobilizing private finance for renewable energy and energy efficiency is critical for the Association of Southeast Asian Nations (ASEAN) not only for the reduction of global temperature rise, but also for meeting fast growing energy demand. Two-thirds of green bonds issued in ASEAN countries...

As the growth of energy demand outstrips that of energy supply in Southeast Asia, it becomes imperative for ASEAN member states to seek energy efficiency improvements for sustained energy security. While green buildings have an overall low penetration rate in ASEAN, when compared to the rest of...

This paper examines the drivers of private investment in renewable energy by source of funding for 13 global economies over the period 2008 to 2018, with a focus on a sub-panel of Asian economies. Using a seemingly unrelated regression model, this paper provides a first quantitative estimate of...

Private green finance is imperative for climate change mitigation and adaptation, but the share of private green finance remains small, and the studies that have tackled the efficacy of policy instruments in promoting green finance are limited. Many economies, especially in Asia, have...

This paper contributes to the existing literature by investigating the impacts of crude oil price shocks on financial markets through an examination of the effect of oil price shocks on green bond issuance. Green bond issuance has been growing fast over the past several years; despite this, the...