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Investing energy transition future: a comprehensive assessment of financial and non-financial factors that affect access to capital

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  • Zhongchao Dong

    (Zhengzhou University of Aeronautics)

  • Haiou Du

    (Zhengzhou University of Aeronautics)

Abstract

The study aims to test the energy transition future through financial and non-financial factors of access to capital in energy industries during 2001–2022. This study explores a wide array of financial and non-financial variables that influence access to capital in this sector. Utilizing panel data and the quantile autoregressive distributing lag (PQARDL) method, we examine the immediate and long-term effects of urbanization and the efficacy of educational institutions. The study analyzes the changing landscape of renewable energy, carbon markets, and sustainable infrastructure projects, tracing their impact on investment decisions. Furthermore, the study emphasizes the growing importance of environmental, social, and governance (ESG) criteria in investment evaluations and decision-making processes. By adopting a present perfect tense, this abstract emphasizes the ongoing relevance of the research and its implications for navigating the complexities of financing the energy transition. This paper aims to provide valuable insights for investors, policymakers, and stakeholders as they navigate the transformative landscape of sustainable investing in the energy transition era. The study also offers possible implications for the key stakeholders.

Suggested Citation

  • Zhongchao Dong & Haiou Du, 2024. "Investing energy transition future: a comprehensive assessment of financial and non-financial factors that affect access to capital," Economic Change and Restructuring, Springer, vol. 57(3), pages 1-25, June.
    • Handle: RePEc:kap:ecopln:v:57:y:2024:i:3:d:10.1007_s10644-024-09650-9
    DOI: 10.1007/s10644-024-09650-9
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