Science, 14.03.2024

Overview | Economic and Financial Science

An important goal of the Paris Agreement is to make all financial flows consistent with a pathway towards low emissions and climate-resilient development (PA Art. 2.1c). In this context, the CCPI data are used to answer questions of sovereign risk analysis, as well as determinants for sustainable financial performance of private, corporate and institutional actors.

Find a selection of economic science articles using CCPI data here:

• Amani, R., Ahmadzadeh, K., Habibi, F. (2023): Operational Risk, Climate Change, and Economic Growth in Iran. In: International Journal of New Political Economy 4(2):301-338.

• Bergmann, A., Rotzek, J.N., Wetzel, M., Guenther, E. (2017): Hang the low-hanging fruit even lower – Evidence that energy efficiency matters for corporate financial performance. In: Journal of Cleaner Production.

• Bingler, J., (2022): Expect the worst, hope for the best: The valuation of climate risks and opportunities in sovereign bonds. In: CER-ETH Working Paper 22/371.

• Boitan, I.A., Marchewka-Bartkowiak, K. (2022): Climate change and the pricing of sovereign debt: Insights from European markets. In: Research in International Business and Finance.

• Bolton, P., Kacperczyk, M.T. (2022): Global Pricing of Carbon-Transition Risk. In: Journal of Finance, Forthcoming.

• Bose, S., Minnick, K., Syed, S. (2021): Does carbon risk matter for corporate acquisition decisions? In: Journal of Corporate Finance.

• Boumediène, K.S.M., Elamine, Z. B. (2023): Nonlinear Regression Analysis of the Relationship between Sustainable Development and the Green Economy in Algeria. In: Journal of Economic and Financial Research Volume 10, Numéro 1, Pages 717-740

• Castro-Pardo, M., Martín, J.M.M. & Azevedo, J.C. (2022): A new composite indicator to assess and monitor performance and drawbacks of the implementation of Aichi Biodiversity Targets. In: Ecological Economics.

• Curtis, A. & Mc Lellan, B. (2023): Framework for Assessment of the Economic Vulnerability of Energy-Resource-Exporting Countries. In: Resources.

• Datt, R., Luo, L., Tang, Q. (2019): Corporate choice of providers of voluntary carbon assurance. In: International Journal of Auditing.

• Dyck, I.J.A., Lins, K.V., Roth, L., Towner, M., Wagner, H.F. (2024): Family-Controlled Firms and Environmental Sustainability: All Bite and No Bark. In: European Corporate Governance Institute – Finance Working Paper No. 983/2024

• Delis, M.D., de Greiff, K., Iosifidi, M., Ongena, S. (2021): Being Stranded with Fossil Fuel Reserves? Climate Policy Risk and the Pricing of Bank Loans. In: Swiss Finance Institute Research Paper.

• Di Tommaso, C., Perdichizzi, S., Vigne, S., Zaghini, A. (2024): Is the Government always greener? In: CFS Working Paper Series No. 718.

• Egli, F., Schärer, D. & Steffen, B. (2022): Determinants of fossil fuel divestment in European pension funds. In: Ecological Economics.

• Ehlers, T., Packer, F., de Greiff, K. (2021): The pricing of carbon risk in syndicated loans: Which risks are priced and why? In: Journal of Banking & Finance.

• Emanuela B., Gazi, K. (2022): “There is No Planet B”, but for Banks “There are Countries B to Z”: Domestic Climate Policy and Cross-Border Lending. In: Swiss Finance Institute Research Paper.

• Halkos, G. & Zisiadou, A. (2023): The Effects of Climate Change to Weather-Related Environmental Hazards: Interlinkages of Economic Factors and Climate Risk. In: Journal of Risk and Financial Management.

• Jan, T., Scholtens, G. and B. (2021): A meta-analysis of the relationship between companies’ greenhouse gas emissions and financial performance. In: Environmental Research Letters.

• Kadaba, M.K.M., Aithat, P.S., Sharma, K.R.S. (2022): Impact of Sustainable Finance on MSMEs and other Companies to Promote Green Growth and Sustainable development. In: International Journal of Applied Engineering and Management Letters (IJAEML).

• Kawabata, T. (2019): What are the determinants for financial institutions to mobilise climate finance? In: Journal of Sustainable Finance & Investment.

• Kempa,K., Moslener, U. (2022): Environmental Externalities, Corporate Bonds, and the Role of Policy. (2022): In: S&P Global Market Intelligence.

• Kwilinski, A.,Trushkina, N. (2023): Green Investments as Tools for Stimulating the Sustainable Financing of Logistics Systems Development. In: E3S Web of Conferences 456(21).

• Li, S. & Wu, X. (2023): How does climate risk affect bank loan supply? Empirical evidence from China. In: Economic Change and Restructuring.

• Mahesh, K.M., Aithal, S. & Sharma, KRS (2022): Impact of Sustainable Finance on MSMEs and other Companies to Promote Green Growth and Sustainable development. In: MPRA.

• Matthias, D., Feng, Y., Zhu, Q., Baumgartner, R. J. (2018): Motivating low-carbon initiatives among suppliers: The role of risk and opportunity perception. In: Resources, Conservation and Recycling.

• Monnin, P., Feyertag, J., Robins, N., Wollenweber, A. (2024): Aligning sovereign bond markets with the net zero transition: the role of central banks. In: The Grantham Research Institute.

• Trinks, A., Mulder, M., Scholtens, B. (2022): External carbon costs and internal carbon pricing. In: Renewable and Sustainable Energy Reviews.