The Impact of Green Climate Fund Portfolio Structure on Green Finance: Empirical Evidence from EU Countries

Muhammad Mohsin; Azer Dilanchiev; Muhammad Umair

doi:10.15388/Ekon.2023.102.2.7

The Impact of Green Climate Fund Portfolio Structure on Green Finance: Empirical Evidence from EU Countries

Muhammad Mohsin
, Azer Dilanchiev
, Muhammad Umair

Research output: Contribution to journal › Article › peer-review

157 Citations (Scopus)

Abstract

The financing sector drives the Future of Environmental Funds to achieve climate financing. In this study, we have employed panel regression analysis and the generalized two-step moment method (GMM) for the 25 EU countries from 2000 to 2021 to explore the relationship between green financing and the portfolio structure of green climate funds. According to the findings of this research, green financing significantly impacts quality economic growth. The GCFs enhance the capacity to channel public and private funding while contributing to de-risking more conventional forms of funding, increasing climate financing, and boosting the GCFs. In addition, the study concluded that Global Climate Support might fund nonbankable components of more significant “almost bankable projects” by analyzing the portfolio’s policies and methods.

Original language	English
Pages (from-to)	130-144
Number of pages	15
Journal	Ekonomika
Volume	102
Issue number	2
DOIs	https://doi.org/10.15388/Ekon.2023.102.2.7
Publication status	Published - 2023
Externally published	Yes

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 8 Decent Work and Economic Growth
SDG 13 Climate Action

Keywords

EU countries
Financing Sector
Green Climate Funds (GCF)
Green financing

ASJC Scopus subject areas

General Economics,Econometrics and Finance

Access to Document

10.15388/Ekon.2023.102.2.7

Cite this

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title = "The Impact of Green Climate Fund Portfolio Structure on Green Finance: Empirical Evidence from EU Countries",

abstract = "The financing sector drives the Future of Environmental Funds to achieve climate financing. In this study, we have employed panel regression analysis and the generalized two-step moment method (GMM) for the 25 EU countries from 2000 to 2021 to explore the relationship between green financing and the portfolio structure of green climate funds. According to the findings of this research, green financing significantly impacts quality economic growth. The GCFs enhance the capacity to channel public and private funding while contributing to de-risking more conventional forms of funding, increasing climate financing, and boosting the GCFs. In addition, the study concluded that Global Climate Support might fund nonbankable components of more significant “almost bankable projects” by analyzing the portfolio{\textquoteright}s policies and methods.",

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T2 - Empirical Evidence from EU Countries

AU - Mohsin, Muhammad

AU - Dilanchiev, Azer

AU - Umair, Muhammad

PY - 2023

Y1 - 2023

N2 - The financing sector drives the Future of Environmental Funds to achieve climate financing. In this study, we have employed panel regression analysis and the generalized two-step moment method (GMM) for the 25 EU countries from 2000 to 2021 to explore the relationship between green financing and the portfolio structure of green climate funds. According to the findings of this research, green financing significantly impacts quality economic growth. The GCFs enhance the capacity to channel public and private funding while contributing to de-risking more conventional forms of funding, increasing climate financing, and boosting the GCFs. In addition, the study concluded that Global Climate Support might fund nonbankable components of more significant “almost bankable projects” by analyzing the portfolio’s policies and methods.

AB - The financing sector drives the Future of Environmental Funds to achieve climate financing. In this study, we have employed panel regression analysis and the generalized two-step moment method (GMM) for the 25 EU countries from 2000 to 2021 to explore the relationship between green financing and the portfolio structure of green climate funds. According to the findings of this research, green financing significantly impacts quality economic growth. The GCFs enhance the capacity to channel public and private funding while contributing to de-risking more conventional forms of funding, increasing climate financing, and boosting the GCFs. In addition, the study concluded that Global Climate Support might fund nonbankable components of more significant “almost bankable projects” by analyzing the portfolio’s policies and methods.

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KW - Financing Sector

KW - Green Climate Funds (GCF)

KW - Green financing

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DO - 10.15388/Ekon.2023.102.2.7

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The Impact of Green Climate Fund Portfolio Structure on Green Finance: Empirical Evidence from EU Countries

Abstract

UN SDGs

Keywords

ASJC Scopus subject areas

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