Publikationen

Publikationen

Die Mitglieder der Wissenschaftsplattform Sustainable Finance stellen ihre Forschung in verschiedenen Publikationsformaten zur Verfügung.

Eine zentrale Rolle spielen dabei die projekteigenen Policy Briefs. Hinzu kommen Discussion und Working Paper der Partnerinstitutionen sowie ausgewählte Beiträge in externen Publikationen.

Alle Publikationen im Überblick

  • Wissenschaftliche Publikation

    Finance Research Letters: Disaggregating confusion? The EU Taxonomy and its relation to ESG rating

    This paper discusses the EU Taxonomy in the context of Environmental, Social, and Governance (ESG) ratings. ESG firm-level ratings tend to differ across ESG data…

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  • Wissenschaftliche Publikation

    Corporate Finance: New evidence on German retail investors: The desire to make an impact

    To achieve the goals of the Paris Agreement, massive investments in the real economy are needed. We propose providing long-term interest subsidized loans to companies…

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  • Wissenschaftliche Publikation

    Journal of Portfolio Management: Do Corporate Carbon Emissions Data Enable Investors to Mitigate Climate Change?

    Investors play an important role in combating climate change. We examine several types of currently available carbon emissions data in their capacity to enable investors…

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  • Wissenschaftliche Publikation

    Journal of the Association of Environmental and Resource Economists: Cournot, Pigou, and Ricardo walk in a bar — Unilateral environmental policy and leakage with market power and firm heterogeneity.

    We study the determinants of emission leakage using a two-country general equilib-rium model with heterogeneous firms and Cournot competition. We show that firmsfrom the non-regulating…

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  • Wissenschaftliche Publikation

    Business Strategy and the Environment: Between impact and returns: private investors and the sustainable development goals

    We investigate the expectations of wealthy private investors regarding the impact and financial return of sustainable investments. Our paper focuses on the sustainable development goals…

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  • Wissenschaftliche Publikation

    Climate and Development: A focus on market imperfections can help governments to mobilize private investments in adaptation

    Climate change requires significant adaptation of economies, and the largest part of most economies is composed of private sector actors. In this Viewpoint, we argue…

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  • Wissenschaftliche Publikation

    Asia-Pacific Financial Markets: Values-based and global systemically important banks: their stability and the impact of regulatory changes after the financial crisis on it

    We study the financial stability of Values-Based Banks (VBBs) and Global Systemically Important Banks (GSIBs), and how regulatory changes in the aftermath of the financial…

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  • Wissenschaftliche Publikation

    Review of Managerial Science: The pricing of green bonds: external reviews and the shades of green

    We investigate the asset pricing implications of the greenness of bonds. To estimate a green-pricing effect, we determine the ‘green bond premium’ as the difference…

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  • Policy Brief

    PB 10/2021: Divestments von Aktienportfolios führen zu sinkenden CO2-Emissionen

    Zur Erreichung der Klimaziele müssen Finanzströme von klimaschädlichen zu klimafreundlichen Wirtschaftsaktivitäten umgeleitet werden. Ein zentraler Ansatz dafür ist das Divestment, d. h. der gezielte Verkauf klima­schädlicher…

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  • Policy Brief

    PB 9/2021: Die EU Sustainable-Finance-Strategie – Implikationen für die künftige Bundesregierung

    Die überarbeitete Sustainable-Finance-Strategie der EU bestätigt die wichtige Rolle der Finanzbranche für die Nachhaltigkeitstransition der Wirtschaft, konkretisiert sie jedoch nicht ausreichend. Viele der Maßnahmen sind…

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