JOURNAL ARTICLE

FINANCIAL PERFORMANCE, GREEN BOND MARKET DEVELOPMENT AND THE RISE OF RENEWABLE ENERGY PROJECTS.

  • Published In: Singapore Economic Review, 2026, v. 71, n. 3. P. 843 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Jiang, Zhihui; LI, JIAYING; XU, RUYUE; KO, DAEYOUNG 3 of 3

Abstract

This research examines the global effects of financial development and green bond issuance on renewable energy consumption from 2010 to 2022. Results reveal that a 1% increase in green bond value leads to a 0.32% rise in renewable energy consumption, highlighting the essential role of green bonds in promoting sustainability. The financial development index also shows a positive influence, indicating the need for robust financial infrastructure. Conversely, private participation in energy projects correlates negatively, favoring non-renewable resources. Increased electricity consumption is linked to a decrease in renewable energy expansion, while GDP size and the GINI index further underscore potential disparities between economic growth and sustainability. To enhance renewable energy growth, a multifaceted policy approach is suggested, focusing on developing the green bond market, enforcing transparent regulations, advancing digital financial markets, alleviating regional poverty and promoting localized green electricity initiatives. [ABSTRACT FROM AUTHOR]

Additional Information

  • Source:Singapore Economic Review. 2026/03, Vol. 71, Issue 3, p843
  • Document Type:Article
  • Subject Area:Power and Energy
  • Publication Date:2026
  • ISSN:0217-5908
  • DOI:10.1142/S0217590825490037
  • Accession Number:192984916
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