The impact of climate funds on economic growth and their role in substituting fossil energy sources

被引：61

作者：

Carfora, Alfonso ^{[1
]}

Scandurra, Giuseppe ^{[2
]}

机构：

[1] Italian Revenue Agcy, Via Cristoforo Colombo 426, I-00145 Rome, Italy

[2] Univ Naples Parthenope, Dept Management Studies & Quantitat Methods, Via Gen Parisi 13, I-80132 Naples, Italy

来源：

ENERGY POLICY | 2019年 / 129卷

关键词：

Renewable energy sources; Counterfactual analysis; Economic growth; Climate finance; RENEWABLE ENERGY; PROPENSITY SCORE; ELECTRICITY CONSUMPTION; POLICIES; AID; DETERMINANTS; INVESTMENTS; NUCLEAR; FINANCE;

D O I：

10.1016/j.enpol.2019.02.023

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

In recent years, the climate funds stood out as tool to counter the climate change and its environmental impact financing adaptation. Moreover they represent an instrument to promote practices to support the developing countries in their path towards the sustainability. The aim of this paper is to evaluate the effectiveness of the introduction of policies implementing the use of climate funds. To reach it we analyze the funds received by the recipient through a counterfactual analysis. The results show that the policy contributed to the decreasing of greenhouse gas (GHG) emissions and promoted the change in generation energy systems supporting the replacement of fossil sources with renewable sources. Moreover, in these countries highlights the leverage effect of the climate finance for the economic development.

引用

页码：182 / 192

页数：11

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