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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.
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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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