The present study analyzes the asymmetric association between green finance and greenhouse gas emissions in the top ten countries that support green finance (China, Canada, France, Germany, Japan, the Netherlands, Spain, Sweden, the UK, and the US). Previous research employed panel data methods,...

This study provides a first consistent answer to the important question of whether decarbonizing institutional portfolios affects the stock prices of carbon-intensive companies and if it contributes to the reduction of carbon emissions. With a new method to identify decarbonization trades in a...

One of the key issues dominating the institutional investing industry is impact investing and the need to reduce carbon emissions (measured in Carbon Dioxide Equivalents or CO2e). Many investors have signed the Net Zero Asset Owner Alliance (NZAOA), which has specific goals and targets to be met...