气候变化领域集成服务门户(CCPortal): Climate change mitigation with Eurobonds: an Environmental Kuznets Curve analysis

CCPortal

DOI	10.1080/23322039.2024.2312782
	Climate change mitigation with Eurobonds: an Environmental Kuznets Curve analysis
	Amankwa, Richard Fosu; Yiadom, Eric B.; Acheampong, Evans; Mawutor, John K. M.
发表日期	2024
ISSN	2332-2039
起始页码	12
结束页码	1
卷号	12 期号:1
英文摘要	This study examines the impact of Eurobonds on carbon dioxide emissions in Africa using a panel dataset. The paper reconsidered the Environmental Kuznets Curve (EKC) and integrated it into Eurobond Environmental Kuznets Curve (EEKC). This study modelled a panel dataset spanning from 2007 to 2018 using all 17 sovereign African countries that have issued Eurobonds. The findings highlight a significant scientific value in exploring Eurobonds as a financing option to reduce carbon dioxide emissions in Africa. Specifically, the study reveals a positive relationship between Eurobond issuance and carbon dioxide emissions at the initial stage of the EEKC. By including the square term of Eurobond, the research identifies the existence of the EEKC in Africa, which supports the EKC theory. These results contribute to the growing body of literature on climate change mitigation and financing strategies in the context of African economies. Moreover, this study fills a critical void in the literature by introducing Eurobonds into the climate financing debate, emphasizing their potential role in financing climate-resilient activities. The study recommends that the issuing of Eurobonds should be linked to climate resilient activities, enabling funds to be directly invested in green sectors of the economy. This novel perspective on Eurobonds as a tool for environmentally sustainable projects adds scientific significance to the discourse on climate finance and sustainable development in Africa.
英文关键词	Eurobonds; climate change; carbon dioxide emissions; Environmental Kuznets Curve; Eurobond Environmental Kuznets Curve; random effect regression model
语种	英语
WOS研究方向	Business & Economics
WOS类目	Economics
WOS记录号	WOS:001161462400001
来源期刊	COGENT ECONOMICS & FINANCE
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/309664
推荐引用方式 GB/T 7714	Amankwa, Richard Fosu,Yiadom, Eric B.,Acheampong, Evans,et al. Climate change mitigation with Eurobonds: an Environmental Kuznets Curve analysis[J],2024,12(1).
APA	Amankwa, Richard Fosu,Yiadom, Eric B.,Acheampong, Evans,&Mawutor, John K. M..(2024).Climate change mitigation with Eurobonds: an Environmental Kuznets Curve analysis.COGENT ECONOMICS & FINANCE,12(1).
MLA	Amankwa, Richard Fosu,et al."Climate change mitigation with Eurobonds: an Environmental Kuznets Curve analysis".COGENT ECONOMICS & FINANCE 12.1(2024).