This article demonstrates that the green bond cannot constitute an incentive to carry out a green project.
We propose an exploratory and theoretical study which introduces how and why a particular and innovative ecological accounting approach, the CARE model, currently called upon by a growing number of practitioners and researchers, is a relevant framework to re-conceptualise the issue of climate finance
The article examines the relationship between a household's income and its carbon emissions (the carbon footprint). It is found that, generally, the carbon footprint grows less rapidly than expenditure, and confirms that the income elasticity is lower than the expenditure elasticity
We examine the interactions between growth in CO2 emissions, economic production, and energy use at the global and multi-regional levels over the period 1990–2014. Among our findings, our results suggest that policy effectiveness could be gained if a country’s climate actions were coordinated with the other geographies most affected by their consequences, providing valuable...
This paper follows Harvie and Grasselli and Maheshwari's research program in testing both Goodwin's predator–prey model and the extension proposed by van der Ploeg. The aim of this paper is to provide a guideline for the bloc estimation and the backtesting strategy that can be applied to such a class of continuous-time non-linear macroeconomic...
Using textual analysis methods, we study how the topic of climate change has appeared and evolved in the speeches of the ECB's Executive Board members since 1997.
This article studies how institutional dynamics might affect and be affected by the implementation of climate-related financial policies.
This article point out why current banking regulation is not adequate to face risks whose origin is grounded outside financial markets and offer avenues for reforming macroprudential regulation.
L'objectif de cet article est de faire un état des lieux des travaux sur la finance durable à travers une analyse bibliométrique de la base de données WoS entre 1981 et 2018.
We assess the impact of environmental externalities on portfolio decisions in a lab-inthe-field experiment on finance professionals and students. Subjects show pro-environmental preferences, with...
Face aux limites de la finance révélées par la crise des subprimes, les banques publiques ont été mises en avant pour leur capacité à financer des projets de taille importante, à maturité longue, générant des externalités positives. Ce séminaire questionne l’inflexion du cadre institutionnel européen : va-t-elle ralentir la transition écologique ? Est-elle de...
Dans un contexte international radicalement nouveau, l’Europe cherche à garder sa place dans l’économie mondiale et affirme sa volonté d’aller vers l’autonomie stratégique. Deux table-rondes discuteront du rôle du secteur bancaire et financier dans cette ambition, faisant dialoguer des représentants du monde financier, des experts et académiques, ainsi que des politiques et représentants du monde...