The impact of carbon risk on the cost of debt in the listed firms in G7 economies: The role of the Paris agreement

• Published in: Energy economics Vol. 139; p. 107925
• Main Authors: Owolabi, Ayotola, Mousavi, Mohammad Mahdi, Gozgor, Giray, Li, Jing
• Format: Journal Article
• Language: English
• Published: Elsevier B.V 01.11.2024
• Subjects: Carbon risk; Cost of debt; ESG factors; Paris agreement; Cost of debt; Paris agreement; ESG factors; Carbon risk

The Paris Agreement, signed in 2015, sets ambitious goals for diminishing greenhouse gas emissions and restricting the rise in global temperature to achieve a less carbon-intensive and climate-resilient global economy. The Paris Agreement marked a defining moment in the worldwide response to global...