Green investments: A luxury good or a financial necessity?

2021 ◽  
pp. 105745
Author(s):  
Imran Yousaf ◽  
Muhammed Tahir Suleman ◽  
Riza Demirer
Keyword(s):  
Luxury Good ◽  
Green Investments

Green Investments: A Luxury Good or a Financial Necessity?

2021 ◽  
Author(s):  
Imran Yousaf ◽  
Tahir Suleman ◽  
Riza Demirer
Keyword(s):  
Luxury Good ◽  
Green Investments

STATE SUPPORT FOR «GREEN» INVESTMENTS AND MARKET «GREEN» FINANCING: FOREIGN EXPERIENCE

2019 ◽  
pp. 97-108
Author(s):  
L.S. Kabir
Keyword(s):  
Economic Growth ◽  
Government Support ◽  
Policy Support ◽  
Green Economy ◽  
Economic Policies ◽  
State Support ◽  
Green Technologies ◽  
Foreign Countries ◽  
The Government ◽  
Green Investments

The present study reveals the trends and features of the current state of financing the foreign countries’ transition to a new «green» economic growth model. To summarize the contemporary experience of countries’ integration into public administration practice the approaches and standards in the field of «green» investments financing.The subject of the study is the set of measures implemented by countries to develop sources of finance for «green» economy projects.Tasks: 1) to consider the principal directions of the «green» investments state policy support, its purpose, and the tools used; 2) to identify the market’s role in the «green» economy financing; 3) to clarify the main issues constraining private investments in «green» projects. The countries’ approach to «green» economic growth financing is examined in the present paper by means of common methods of scientific knowledge.There reviewed the arguments justifying the government support for «green» investments. There revealed the problems constraining the market «green» financing development and speculations about their origins. The study concludes that the countries’ economic policies are aimed at improving the existing model’s efficiency, not at the transition to the new «green» economy model. Thus, through the state support tools, there being generated strong signals signifying the creation of favorable market conditions for the functioning of a new economy sector – the sector of «green» technologies.

scholarly journals INAPPROPRIATE TECHNOLOGY What Is in It for the Rich?

2007 ◽  
Vol 11 (4) ◽  
pp. 487-518 ◽  
Author(s):  
ANA FERNANDES ◽  
KRISHNA B. KUMAR
Keyword(s):  
Green Revolution ◽  
Developed Countries ◽  
Welfare Effects ◽  
Luxury Good ◽  
Rich Region ◽  
The Poor ◽  
Poor Region ◽  
Inferior Good ◽  
The Rich ◽  
Local Use

In this paper, we investigate incentives, other than altruism, that developed countries have for improving developing country technologies. We propose a simple model of international trade between two regions, in which individuals have preferences over an inferior good and a luxury good. The poor region has a comparative advantage in the production of the inferior good. Even when costly adaptation of the technology to the poor region's characteristics is required—making the technology inappropriate for local use—there are parameter configurations for which the rich region has an incentive to incur this cost. It benefits from a terms-of-trade improvement and from greater specialization in the luxury good. Indeed, there are cases where the rich region would prefer to improve the poor region's technology for producing the inferior good rather than its own. We apply our model to the Green Revolution and provide a quantitative assessment of its welfare effects.

scholarly journals “Green” bonds as a perspective instrument of attracting investments in ecological projects in Ukraine

2020 ◽  
pp. 52-60
Author(s):  
Oksana Klymenko ◽  
Svitlana Mala
Keyword(s):  
Sustainable Development ◽  
Economic Analysis ◽  
Economic Trend ◽  
Global Market ◽  
Bond Market ◽  
Regulatory Framework ◽  
Green Economy ◽  
Financial Flows ◽  
Environmental Projects ◽  
Green Investments

Relevance of research topic. The global economic trend is characterized by the “greening” of investment processes in order to ensure sustainable development. One of the instruments of attracting green investments in the economy is green bonds. In this regard, there is a need to create and operate a green bond market in Ukraine. Formulation of the problem. Ukraine has joined the global institutions promoting sustainable development and has declared the transition to a “green” economy, so analysis of foreign experience is needed to develop recommendations to a regulatory framework that will help solve the problem of attracting “green” investments in the Ukrainian economy. Analysis of recent research and publications. Among scientists and practitioners dealing with the problems of green investments, we should mention O. Veklic, Y. Podvisotsky, K. Markevich, M. Grityshina, A. Frolov. Selection of unexplored parts of the general problem. The issue of using green bonds to finance environmental projects in Ukraine remains poorly understood. Setting the task, the purpose of the study. The purpose of the study is to analyze the global trends in the green bond market and to develop recommendations for using this type of bond to finance environmental projects in Ukraine. Method or methodology for conducting research.  The theoretical basis of the study is the dialectical method of cognition and a comprehensive approach to the study of economic processes in the financial sphere. The following special methods of research were used: historical and economic analysis; statistical and economic analysis; abstract-logical analysis; graphic methods. Presentation of the main material (results of work). The article reveals the positive dynamics of the global green bond market development, and determines that this type of investment is an important segment for Ukraine, which is a member of the world institutions for sustainable development. The state of the regulatory framework in Ukraine, which regulates the circulation of green bonds, is considered. The concept of introduction and development of the green bond market in Ukraine is recommended. The field of application of results. The results of the study can be used in the national financial system. Conclusions according to the article. Analysis of the global market for green bonds has led to the conclusion that this financial segment is characterized by a progressive and positive development. Green bonds have created a new way of attracting investors to green assets, the advantage of which is that investors are involved in the issue of these financial instruments, which put environmental responsibility first. Creating a market for green bonds in Ukraine will allow us to accumulate and direct financial flows for the development and financing of domestic green projects.

scholarly journals Personality Trait Effects on Green Household Installations

2018 ◽  
Vol 4 (1) ◽  
Author(s):  
Ante Busic-Sontic ◽  
Cameron Brick
Keyword(s):  
Personality Traits ◽  
Alternative Energy ◽  
Energy Use ◽  
Environmental Concern ◽  
Economic Benefits ◽  
Green Energy ◽  
Big Five Personality ◽  
Household Decision ◽  
Green Investments

Large, one-time investments in green energy installations effectively reduce domestic energy use and greenhouse gas emissions. Despite long-term economic benefits for households, the rate of green investments often remains moderate unless supported by financial subsidies. Beyond financial considerations, green investments may also be driven by individual psychological factors. The current study uses data from the German Socio-Economic Panel (N = 3,468) to analyse whether the household decision to invest in green energy installations is linked to the Big Five personality traits. Personality traits and domestic investments in solar and other alternative energy systems had weak indirect associations through environmental concern but not through risk preferences. Openness to Experience and Neuroticism showed a weak positive relationship with green energy installations through the environmental concern channel, whereas Extraversion had a weak negative link. Based on these findings, persuasive messaging for green investments may be more effective when it focuses on environmental concern rather than reduced risk in countries like Germany, where long-standing financial subsidies decreased the risk in green investments.

scholarly journals Analysis of the Definitive Basis of the Term “Environmental (Green) Investments” and their Classification

2020 ◽  
pp. 138-148
Author(s):  
A.S. Ihnatchenko ◽  
B.L. Kovalov ◽  
S.M. Fedyna ◽  
A.G. Popova
Keyword(s):  
Sustainable Development ◽  
Social Economic ◽  
Green Economy ◽  
Regional Characteristics ◽  
Environmental Investment ◽  
The Social ◽  
Green Investment ◽  
Definition Of ◽  
Green Investments

The paper analyzes the meaning and essence of the term «environmental (green) investment». Summarizing the existing interpretations of the term «environmental (green) investment», the authors propose their own definition of environmental investment. The author’s interpretation of the term «environmental (green) investment» takes into account the social, economic and environmental spheres of sustainable development. The dominant author's interpretation of the term «environmental (green) investment» is investing in the greening of financial structures. The article summarizes and systematizes the classification of environmental (green) investments, which can be divided according to the scope of investment objects, the regional characteristics of the subjects of environmental investment, the term and method of investment. The authors have made recommendations for improving the environmental efficiency of the green economy in Ukraine.

Central banks have a key role in greening the economy

2021 ◽  
Keyword(s):  
Carbon Price ◽  
Central Banks ◽  
Price Stability ◽  
Carbon Taxes ◽  
Content Type ◽  
Mission Creep ◽  
Financial Firms ◽  
Short Run ◽  
Green Investments ◽  
Data Banks

Significance It will not be easy to reconcile new tasks with traditional price-stability mandates. Moreover, it is not clear what data banks should use to measure progress, while a green transition will depend on closer coordination with governments, creating challenges for politically independent central banks. Impacts As governments raise carbon taxes, there will be calls to loosen monetary policy to offset their deflationary effect. ‘Mission creep’ is a risk for authorities; financial firms may incur losses if politicians fail to follow through on carbon price moves. Green investments risk a bubble effect, especially as short-run supplies of metals such as cobalt and lithium are limited.

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