Green Investment by Firms: Finance or Climate Driven?
There is limited research on the determinants of firms' green investment strategies in developing regions despite their importance to meet global climate change targets. Understanding how changes in firm climate investment affect environmental performance is essential for policy makers and firm...
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C
The World Bank
2022
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| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | There is limited research on the determinants of firms' green investment strategies in developing regions despite their importance to meet global climate change targets. Understanding how changes in firm climate investment affect environmental performance is essential for policy makers and firms alike. Based on unique data from the joint European Bank for Reconstruction and Development-European Investment Bank-World Bank Group Enterprise Surveys, this paper empirically examines the role of access to finance and green management practices in firms' green investment strategies. Based on logistic regressions, the econometric analysis finds a positive influence of green management practices on the number of mitigation measures implemented. By contrast, firms that are financially constrained are less likely to pursue many mitigation measures. Finally, the results do not show significant differences in the impact of financial constraints on the type of green investment, but indicate that better green management practices lead to a higher likelihood of investing in both capital- and non-capital-intensive green measures |
| Beschreibung: | 1 Online-Ressource (46 Seiten) |
| DOI: | 10.1596/1813-9450-10064 |
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| 520 | 3 | |a There is limited research on the determinants of firms' green investment strategies in developing regions despite their importance to meet global climate change targets. Understanding how changes in firm climate investment affect environmental performance is essential for policy makers and firms alike. Based on unique data from the joint European Bank for Reconstruction and Development-European Investment Bank-World Bank Group Enterprise Surveys, this paper empirically examines the role of access to finance and green management practices in firms' green investment strategies. Based on logistic regressions, the econometric analysis finds a positive influence of green management practices on the number of mitigation measures implemented. By contrast, firms that are financially constrained are less likely to pursue many mitigation measures. Finally, the results do not show significant differences in the impact of financial constraints on the type of green investment, but indicate that better green management practices lead to a higher likelihood of investing in both capital- and non-capital-intensive green measures | |
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| 650 | 4 | |a Capital-Intensive Green Measures | |
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| 650 | 4 | |a Environmental Benefit of Private Investment | |
| 650 | 4 | |a Green Investment Constraints | |
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| indexdate | 2024-10-12T04:02:56Z |
| institution | BVB |
| language | English |
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| spellingShingle | Kalantzis, Fotios Green Investment by Firms Finance or Climate Driven? Adaptation to Climate Change Capital-Intensive Green Measures Carbon Policy and Trading Climate Change Climate Change Impacts Energy Energy and Environment Environment Environmental Benefit of Private Investment Green Investment Constraints Green Investment Strategies Green Management Practices Mitigation Strategies Non-Capital-Intensive Green Measures Pollution Management and Control |
| title | Green Investment by Firms Finance or Climate Driven? |
| title_auth | Green Investment by Firms Finance or Climate Driven? |
| title_exact_search | Green Investment by Firms Finance or Climate Driven? |
| title_exact_search_txtP | Green Investment by Firms Finance or Climate Driven? |
| title_full | Green Investment by Firms Finance or Climate Driven? Fotios Kalantzis |
| title_fullStr | Green Investment by Firms Finance or Climate Driven? Fotios Kalantzis |
| title_full_unstemmed | Green Investment by Firms Finance or Climate Driven? Fotios Kalantzis |
| title_short | Green Investment by Firms |
| title_sort | green investment by firms finance or climate driven |
| title_sub | Finance or Climate Driven? |
| topic | Adaptation to Climate Change Capital-Intensive Green Measures Carbon Policy and Trading Climate Change Climate Change Impacts Energy Energy and Environment Environment Environmental Benefit of Private Investment Green Investment Constraints Green Investment Strategies Green Management Practices Mitigation Strategies Non-Capital-Intensive Green Measures Pollution Management and Control |
| topic_facet | Adaptation to Climate Change Capital-Intensive Green Measures Carbon Policy and Trading Climate Change Climate Change Impacts Energy Energy and Environment Environment Environmental Benefit of Private Investment Green Investment Constraints Green Investment Strategies Green Management Practices Mitigation Strategies Non-Capital-Intensive Green Measures Pollution Management and Control |
| url | https://doi.org/10.1596/1813-9450-10064 |
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