TY - JOUR
T1 - Green Innovation and Finance in Asia
AU - Tolliver, Clarence
AU - Fujii, Hidemichi
AU - Keeley, Alexander Ryota
AU - Managi, Shunsuke
N1 - Funding Information:
This research is supported by the following Grant in Aid from the Ministry of Education, Culture, Sports, Science and Technology in Japan (MEXT): Grant in Aid (20H00648), Ministry of Environment, Japan (1‐2001). Any opinions, findings, and conclusions expressed in this material are those of the authors and do not necessarily reflect the views of the agencies. The authors would like to express sincere gratitude to the designated discussants, Alistair Munroe and Ken‐Ichi Akao, Asian Economic Policy Review (AEPR) Managing Editor Colin McKenzie and his colleagues, and participants of the AEPR Conference for their constructive comments that substantially aided in improving the paper.
Publisher Copyright:
© 2020 Japan Center for Economic Research
PY - 2021/1
Y1 - 2021/1
N2 - Green innovation and green finance are two key components of sustainable development. In the most populous, fastest-growing region in the world, Asian countries are pressed to maintain economic growth while addressing climate change and environmental externalities. Japan, South Korea, and China have each implemented policies to promote green innovation and finance conducive to such ends. While each country possesses unique capabilities, the extent to which they can promote environmentally adjusted multifactor productivity growth, green patent registrations, green bond issuances, green foreign direct investment, and environmental, social, and governance information disclosures stands to impact on their shifts to sustainable growth paradigms.
AB - Green innovation and green finance are two key components of sustainable development. In the most populous, fastest-growing region in the world, Asian countries are pressed to maintain economic growth while addressing climate change and environmental externalities. Japan, South Korea, and China have each implemented policies to promote green innovation and finance conducive to such ends. While each country possesses unique capabilities, the extent to which they can promote environmentally adjusted multifactor productivity growth, green patent registrations, green bond issuances, green foreign direct investment, and environmental, social, and governance information disclosures stands to impact on their shifts to sustainable growth paradigms.
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U2 - 10.1111/aepr.12320
DO - 10.1111/aepr.12320
M3 - Review article
AN - SCOPUS:85089005326
SN - 1832-8105
VL - 16
SP - 67
EP - 87
JO - Asian Economic Policy Review
JF - Asian Economic Policy Review
IS - 1
ER -
