Emerging Markets, CO2 Reduction, and the Power of Green Bonds
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| Format: | Students’ Scientific Association paper |
| Kulcsszavak: | 21th century Brown to Green economics Green Bonds sustainability |
| Online Access: | http://dolgozattar.uni-bge.hu/57893 |
| Abstract: | Easy money has become an imperative a part of international efforts to fight weather change, lessen carbon emissions and sell sustainable monetary increase. This paper examines the role of the inexperienced financial system in reducing CO2 emissions, focusing at the studies of growing international locations such as Vietnam and China. Wherein fast technological progress is developing environmental challenges. They have made sizable progress in accomplishing their weather desires by means of making an investment in renewable electricity, selling energy performance and using financial contraptions which include inexperienced bonds and green loans to guide organizations which is not environmentally pleasant Article starts with an exam of the Environmental Kuznets Curve (EKC) concept, which indicates a courting among financial boom and environmental degradation This chart is used to investigate the effect of monetary fermentation obtains upon CO2 reduction. In Vietnam, an empirical examine with Tran (2022) demonstrates the tremendous effect of green financial gadgets in reducing strength dependence on fossil fuels and selling renewable electricity improvement. Similarly, inexperienced finance reform zones in China, called inexperienced finance reform and innovation pilot zones (GFRIs), offer measurable emissions reductions in noticeably polluting industries, and it enables green innovation (Zhao) Finally, the paper highlights the challenges and opportunities associated with the implementation of lean finance in developing countries. Although the green economy has attracted private investment and contributed to job creation and sustainable growth, barriers remain in terms of regulatory framework and market development Vietnam’s government’s active role in supporting the green economy of the is a model for other developing countries to manage This study concludes that the green economy, if properly supported by statutory monetary policy, can be an important route to a low-carbon, sustainable future. By facilitating the transition to renewable energy and encouraging investment in green technologies, the green economy provides viable solutions to the twin challenges of economic growth and environmental protection in the context of developing countries. |
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