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Using data from 41 different countries including the United States, we provide novel empiricalevidence that firms increase their cash holdings as a response to climate risk. This effect is drivenby financially constrained firms and becomes significantly stronger after the release of the...
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Corruption reflects a set of illegal activities that jeopardize the smooth functioning of economies, society, and … climate and environmental issues. This article tests the relationships between economic growth, corruption, renewable energies …. The variables of corruption, economic growth, renewable energies, international trade, and carbon dioxide emissions are …
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among countries that strongly increased their NDC targets, while perceived deterioration in corruption control negatively … impacted the amount of climate finance received by the same group of countries. Therefore, governments should reduce corruption …
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