Ekonomika · 2023 · 162 citations · 26 references
BusinessFinancePublic FinanceClimate PolicyEnvironmental EconomicsSustainable FinanceClimate FinanceEnvironmental InvestingFinancing StrategiesFunding StrategyGreen GrowthProject FinancingClimate Change Mitigation FinancingEnvironmental FundsGreen Climate FundGreen FinancingPanel Regression ModelsPublic Sector Financing
The financing sector is pivotal for advancing environmental funds toward climate financing. The study employs panel regression and GMM on EU data (2000‑2021) to examine how green climate fund portfolio structure influences green financing. Results show that green climate funds boost green financing, de‑risk conventional funding, support nonbankable projects, and promote quality economic growth.
The financing sector drives the Future of Environmental Funds to achieve climate financing. In this study, we have employed panel regression analysis and the generalized two-step moment method (GMM) for the 25 EU countries from 2000 to 2021 to explore the relationship between green financing and the portfolio structure of green climate funds. According to the findings of this research, green financing significantly impacts quality economic growth. The GCFs enhance the capacity to channel public and private funding while contributing to de-risking more conventional forms of funding, increasing climate financing, and boosting the GCFs. In addition, the study concluded that Global Climate Support might fund nonbankable components of more significant “almost bankable projects” by analyzing the portfolio’s policies and methods.
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