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author:

Zhao, Linhai (Zhao, Linhai.) [1] | Chau, Ka Yin (Chau, Ka Yin.) [2] | Tran, Trung Kien (Tran, Trung Kien.) [3] | Sadiq, Muhammad (Sadiq, Muhammad.) [4] | Xuyen, Nguyen Thi My (Xuyen, Nguyen Thi My.) [5] | Phan, Thi Thu Hien (Phan, Thi Thu Hien.) [6]

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SSCI

Abstract:

This study investigates the effect of green-bond financing on energy efficiency in-vestment for green economic recovery. The fuzzy Analytic Hierarchy Process (AHP) technique was used to achieve the research objective. The study's findings showed that green bonds are currently the primary financing source for energy efficiency projects, enhancing economic growth by 4.9% and potentially increasing green economic recovery by approximately 17% per annum. The fuzzy analysis technique and alternative models of fuzzy modeling were applied in this study. An alternative to project-based financing is energy performance contracts (EPCs). Green bonds also invest in public and private funds for energy efficiency and economic growth. Alternatively, such bonds may finance environmental initiatives or companies. Testing energy-efficiency projects with low payback rates may be expensive. Expanding the green economy through green bonds is essential for financing to successfully promote energy efficiency finance and green growth. This study also has policy implications for stakeholders.(c) 2022 Economic Society of Australia, Queensland. Published by Elsevier B.V. All rights reserved.

Keyword:

Economic growth Energy efficiency investment Fuzzy AHP Green bonds Green economic recovery

Community:

  • [ 1 ] [Zhao, Linhai]Huaqiao Univ, Sch Econ & Finance, Quanzhou, Peoples R China
  • [ 2 ] [Chau, Ka Yin]City Univ Macau, Fac Business, Macau, Peoples R China
  • [ 3 ] [Tran, Trung Kien]Univ Econ Ho Chi Minh City, Coll Econ Law & Govt, Sch Publ Finance, 59C Nguyen Dinh Chieu St,Dist 3,Ward Vo Thi Sau, Ho Chi Minh City, Vietnam
  • [ 4 ] [Sadiq, Muhammad]Taylors Univ Malaysia, Fac Business & Law, Sch Accounting & Finance, Subang Jaya, Malaysia
  • [ 5 ] [Sadiq, Muhammad]Fuzhou Univ Int Studies & Trade, Sch Finance & Accounting, Fuzhou, Peoples R China
  • [ 6 ] [Xuyen, Nguyen Thi My]Van Lang Univ, Fac Business Adm, Ho Chi Minh City, Vietnam
  • [ 7 ] [Phan, Thi Thu Hien]Foreign Trade Univ, Fac Accounting & Auditing, Hanoi, Vietnam

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Source :

ECONOMIC ANALYSIS AND POLICY

ISSN: 0313-5926

Year: 2022

Volume: 76

Page: 488-501

6 . 5

JCR@2022

7 . 9 0 0

JCR@2023

ESI Discipline: ECONOMICS & BUSINESS;

ESI HC Threshold:62

JCR Journal Grade:1

CAS Journal Grade:3

Cited Count:

WoS CC Cited Count: 127

SCOPUS Cited Count: 157

ESI Highly Cited Papers on the List: 0 Unfold All

WanFang Cited Count:

Chinese Cited Count:

30 Days PV: 2

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