Financing low-carbon growth in Africa: Policy path for strengthening the links between financial intermediation, resource allocation and environmental sustainability
Financial intermediation drives resource allocation in the economy, which can influence the carbon emission intensity of economic output (CO2gdp). This study examines the impact of bank credit allocation on CO2gdp in African economies during the period 1995–2018. Two policy scenarios are empirically...
Main Author: | |
---|---|
Format: | Article |
Language: | English |
Published: |
Elsevier
2022-09-01
|
Series: | Cleaner Environmental Systems |
Subjects: | |
Online Access: | http://www.sciencedirect.com/science/article/pii/S2666789422000137 |