IDEAS home Printed from https://ideas.repec.org/a/eee/riibaf/v79y2025ics0275531925002971.html
   My bibliography  Save this article

Climate governance actions, financing constraints, and green transformation of energy-intensive firms

Author

Listed:
  • Fan, Min
  • Shira, Ruba Khalid
  • Hunjra, Ahmed Imran
  • Zhao, Shikuan

Abstract

Climate governance actions are of great significance in promoting energy transition. We analyze impact of climate governance actions on green transformation of energy-intensive enterprises by using a double difference model. We find that green transformation of energy-intensive enterprises is significantly enhanced after implementation of the climate-adaptive city building pilot. Mechanism analysis shows that climate governance actions can promote green transformation by reducing financing constraints, mitigating supply chain risks and enhancing supply chain resilience. In addition, lower energy consumption intensity of enterprises located in non-resource cities or non-old industrial base cities, more significant effect of climate governance actions on green transformation of energy-intensive enterprises. Our paper contributes to climate policy and energy transition of energy-intensive enterprises in context of green transition.

Suggested Citation

  • Fan, Min & Shira, Ruba Khalid & Hunjra, Ahmed Imran & Zhao, Shikuan, 2025. "Climate governance actions, financing constraints, and green transformation of energy-intensive firms," Research in International Business and Finance, Elsevier, vol. 79(C).
    • Handle: RePEc:eee:riibaf:v:79:y:2025:i:c:s0275531925002971
    DOI: 10.1016/j.ribaf.2025.103041
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0275531925002971
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.ribaf.2025.103041?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to

    for a different version of it.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:riibaf:v:79:y:2025:i:c:s0275531925002971. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/ribaf .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.