Green bond issuance and corporate ESG performance: the perspective of internal attention and external supervision DOI Creative Commons

Jinyu Chen,

Yan Yang, Ran Liu

et al.

Humanities and Social Sciences Communications, Journal Year: 2023, Volume and Issue: 10(1)

Published: July 24, 2023

Abstract Based on the staggered difference-in-difference (DID) model, this paper uses Chinese listed firms between 2012 and 2020 to investigate impact of green bond issuance corporate environmental, social governance (ESG) performance. We provide evidence that positively enhances ESG Green mainly promotes performance through internal attention effect external supervision effect. Moreover, positive correlation is more prominent among companies with larger size, higher government subsidies executives environmental experience. The extended analysis shows can promote enhancement firm valuation. This study provides theoretical guidance for use financial systems

Language: Английский

Environmental impact of globalization: The case of central and Eastern European emerging economies DOI
Daniel Balsalobre‐Lorente,

Muhamamd Shahbaz,

Muntasir Murshed

et al.

Journal of Environmental Management, Journal Year: 2023, Volume and Issue: 341, P. 118018 - 118018

Published: May 6, 2023

Language: Английский

Citations

109

Global transition of operational carbon in residential buildings since the millennium DOI Creative Commons

Xiwang Xiang,

Nan Zhou,

Minda Ma

et al.

Advances in Applied Energy, Journal Year: 2023, Volume and Issue: 11, P. 100145 - 100145

Published: June 4, 2023

The residential sector is the third-largest energy consumer and emitter globally as such at forefront of transition net-zero emissions pathway. To accelerate pace decarbonization buildings, this study first to present a bottom-up assessment framework integrated with decomposing structural decomposition method evaluate emission patterns process building operations in 56 countries spanning 12 regions worldwide from 2000 2020. results show that (1) operational carbon intensity global buildings has maintained an annual decline 1.2% over past two decades, average household size have been key decarbonization; (2) end uses held increasingly important role decarbonizing (-46.3 kgs dioxide per year), largest contributors being appliances(38.3%), followed by space heating (21.2%) lighting (12.6%); (3) although total was 7.1 gigatons achieved efficiency 9.4% yr during time period, regional inequality uneven distribution remained quite large, especially emerging economy regions. Moreover, uncertainty robustness are also tested, adaptive high strategies further proposed for buildings. Overall, reviews compares performances motivations support national efforts reach advance toward carbon-free century.

Language: Английский

Citations

88

Toward carbon free by 2060: A decarbonization roadmap of operational residential buildings in China DOI Creative Commons

Chenchen Zou,

Minda Ma,

Nan Zhou

et al.

Energy, Journal Year: 2023, Volume and Issue: 277, P. 127689 - 127689

Published: April 29, 2023

Restraining the rapid growth of operational carbon emissions from residential buildings is critical to achieve neutrality. To illustrate future decarbonization roadmap, this study builds an end-use model analyze past efforts and projected emission change in China's building operations by mid-century. From 2001 2018, reduced 2.77 (±1.61) giga tons dioxide (GtCO2). Dynamic simulation results reveal that will peak 2031 (±3) with 0.95 (±0.06) GtCO2. Energy-related intensity (∼44%) energy (∼36%) are identified as primary factors affecting status, heating (∼87%) playing a crucial role intensity. A feasible path towards neutrality suggests limiting urban rural 0.38 0.27 GtCO2 2030, respectively, offsetting only 0.03 0.01 regions 2060, become free. Overall, proposes stepwise data analysis benchmark decarbonize top emitters, contributing global era

Language: Английский

Citations

81

Decarbonizing or illusion? How carbon emissions of commercial building operations change worldwide DOI Creative Commons
Liming Chen,

Minda Ma,

Xiwang Xiang

et al.

Sustainable Cities and Society, Journal Year: 2023, Volume and Issue: 96, P. 104654 - 104654

Published: May 15, 2023

To lead the low-carbon transition in global buildings, this study is first to use generalized Divisia index method (GDIM) identify factors driving carbon emissions and assess decarbonization performance commercial building operations (CBOs) of sixteen countries during 2000-2019. Results show that (1) while from CBOs have increased at a modest rate 0.9%/yr, trend runs counter declining U.S. (-1.1%/yr) significant growth China (14.4%/yr), which can be attributed impact economy-related factors. (2) The China, as largest emitters, contributed 66.8% samples' (919.1 million tons dioxide). (3) Most countries' had efficiency level less than 10%, except for Spain (27.8%). excelled both areas per capita floor area with an average nearly 30%. Moreover, ridge regression successfully confirms stability GDIM results it should noted has limitations characterizing end-use activity. Overall, tracks historical offers benchmarks different emitters forecast dynamic along economic booms.

Language: Английский

Citations

75

Heterogeneity or illusion? Track the carbon Kuznets curve of global residential building operations DOI Creative Commons

Ran Yan,

Minxia Chen,

Xiwang Xiang

et al.

Applied Energy, Journal Year: 2023, Volume and Issue: 347, P. 121441 - 121441

Published: June 19, 2023

Residential buildings, the "last mile" sector in global decarbonization, have become most significant uncertain factor hindering carbon neutrality with increasing household energy demand. To track operational this study investigates Kuznets curve (CKC) and corresponding decoupling status of residential building operations at four emission scales by using data 30 countries from 2000 to 2019. The results show that (1) CKC model can fit more than half samples. Most curves an inverted U-shape, 76% per 82% total emissions. (2) In presence CKC, over four-fifths buildings peak regardless any scale. analysis denotes emissions developed reach their peaks earlier. emissions, samples' peaking proportion is 20% 25% income capita < 20,000 United States dollars (USD) 20,000–40,000 USD, respectively. (3) Tapio threshold regression effectively verify robustness heterogeneity CKCs, Strong effects CKCs are demonstrated floor space proves classic U-shaped relationship between economy doesn't exist all emitters. Overall, tracks historical trajectories a scale, providing reference for different economies simulate dynamic along economic booming.

Language: Английский

Citations

69

Pathway for decarbonizing residential building operations in the US and China beyond the mid-century DOI Creative Commons
Shufan Zhang, Nan Zhou, Wei Feng

et al.

Applied Energy, Journal Year: 2023, Volume and Issue: 342, P. 121164 - 121164

Published: April 25, 2023

With global carbon budget targets looming, residential buildings in top economies must become neutral as soon possible to reserve more emission space for emerging carbon-emitting economies. This study is the first compare operational decarbonization process of China's and United States (US) from 2000 2060 by combining end-use model with decomposing structural decomposition (DSD) method Monte Carlo simulation. The results show that 2001 2020 China decarbonized 1544 mega-tons dioxide (MtCO2) US 1848 MtCO2. In business-as-usual scenario, will hit its peak 2031 (±3) 934 (±61) MtCO2, while maintain a lock-in level 736 (±133) MtCO2 since 2030s. neutrality promoted an increase clean power generation proportion, building-integrated level, building electrification reduction energy intensity, which contribute 34.4 %, 21.4 14.3 29.9 % 32.9 33.1 8.2 25.8 US, respectively. Especially, only costs about 40 what it US. Besides, high-decarbonization strategies operations are proposed references governments formulate targeted climate policies. Overall, this offers data benchmarks buildings' further promote synergistic age Post COP27.

Language: Английский

Citations

65

Dynamic spillover between traditional energy markets and emerging green markets: Implications for sustainable development DOI

Xiaoping Duan,

Xiao Ya,

Xiaohang Ren

et al.

Resources Policy, Journal Year: 2023, Volume and Issue: 82, P. 103483 - 103483

Published: March 29, 2023

Language: Английский

Citations

63

Towards COP27: Decarbonization patterns of residential building in China and India DOI Creative Commons
Yan Ran,

Minda Ma,

Nan Zhou

et al.

Applied Energy, Journal Year: 2023, Volume and Issue: 352, P. 122003 - 122003

Published: Sept. 28, 2023

As the two largest emerging emitters with highest growth in operational carbon emissions from residential buildings, historical emission patterns and decarbonization efforts of China India warrant further exploration. This study aims to be first present a intensity model considering end-use performances, assessing progress building over past decades using newest decomposing structural decomposition approach. Results indicate (1) annual increased by 1.4% 2.5% India, respectively, between 2000 2020. Household expenditure-related energy factors were crucial decarbonizing buildings. (2) Building electrification played significant role space cooling (−87.7 − 130.2 kg dioxide (kgCO2) per household India) appliances (∼ −169.7 ∼ −43.4 kgCO2 India). (3) collectively decarbonized 1498.3 399.7 M-tons CO2 operations, respectively. In terms intensity, (164.8 household) nearly caught up (182.5 2020 is expected surpass upcoming years, given country's robust rate 7.3%. Overall, this provides an effective data-driven tool for investigating potential offers valuable insights other economies seeking decarbonize buildings forthcoming COP281 age.

Language: Английский

Citations

59

Uncertainty of uncertainty and corporate green innovation—Evidence from China DOI
Xiaohang Ren,

Xixia Xia,

Farhad Taghizadeh‐Hesary

et al.

Economic Analysis and Policy, Journal Year: 2023, Volume and Issue: 78, P. 634 - 647

Published: April 3, 2023

Language: Английский

Citations

58

Is cooperative green innovation better for carbon reduction? Evidence from China DOI
Yuhuan Zhao, Ziyi Zhao, Zhiling Qian

et al.

Journal of Cleaner Production, Journal Year: 2023, Volume and Issue: 394, P. 136400 - 136400

Published: Feb. 10, 2023

Language: Английский

Citations

57