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ANALISIS EMPIRIS PERAN INSTRUMEN KEBIJAKAN EKONOMI HIJAU DALAM MITIGASI RISIKO TRANSISI BANK MENUJU EKONOMI RENDAH KARBON: STUDI KASUS NEGARA EMERGING MARKETS
The world's carbon emissions are increasing, making the government set net zero emission provisions so that banks need to adjust regulations to be able to fight transition risks. Therefore, this study aims to analyze the role of green economy policy instruments in mitigating the risk of banking transition to a low carbon economy in Emerging Markets Countries. The problem studied is how the Green Economy Policy Instrument mitigates the level of Bank Transition Risk as measured by the Carbon Footprint of Bank Loans (CFBL). The method used is panel data regression with the selected model Fixed Effect Model in the observation period 2011-2023. observation period 2011-2023. The results showed that Green Economic Policy Instruments significantly mitigate the risk of climate transition, where Green Credit and Green Bond significantly reduce the risk of transition, while Renewable Energy Consumption significantly increases the risk of climate transition banking. The implication of this study underscores the importance of integrating green economy policies in banking risk mitigation strategies as well as the need for strengthening green regulation and financing to support sustainable economic transition in Emerging Market countries.
| Inventory Code | Barcode | Call Number | Location | Status |
|---|---|---|---|---|
| 2507002660 | T172799 | T1727992025 | Central Library (Reference) | Available but not for loan - Not for Loan |
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