Analysis of how corporate leverage impacts carbon emissions under the EU Emissions Trading System (EU ETS), revealing that highly indebted firms struggle to fund low-carbon transitions, with limited green finance uptake.
ECB research paper analysing how the EU Emissions Trading System (EU ETS) and debt financing support Europe’s low-carbon transition, presented at the 2022 EBA Policy Research Workshop.
EBA Research Workshop paper analysing the link between ESG scores and corporate bond spreads, focusing on cost of capital, investor preferences, and firm-level sustainability responses in primary bond markets.
EBA Banking Stakeholder Group discussion on research examining primary corporate bond markets and social responsibility, covering methodology, data, and findings from a study by Halling, Yu, and Zechner.
EBA workshop paper analysing how extreme weather events and climate change impact mortgage risks in Florida, covering empirical results, scenario analysis, and implications for financial stability and regulatory frameworks.
EBA 2022 Policy Research Workshop paper analysing how environmental consciousness of firms and banks affects bank credit pricing post-Paris Agreement, highlighting the 'green meets green' effect on loan costs.
EBA Policy Research Workshop paper analysing how environmental attitudes impact bank credit costs for firms, focusing on the 'Green meets Green' effect where green banks offer discounts to green firms post-Paris Agreement, based on 2011-2019 syndicated loan data.
Analysis by Jonathan Acosta Smith examining whether green loans in Romania (2010-2020) carried lower credit risk than non-green loans, using loan-level data from 13 banks to assess financial standing, risk, and default probability for policy implications under Pillar 2 requirements.
EBA Policy Research Workshop paper analysing how technological change and asset overhang impact investors, collateral, and firms, with insights from KU Leuven, CEPR, and the National Bank of Belgium (October 2022).
EBA 2022 Policy Research Workshop paper analysing how IT adoption in banking boosts entrepreneurship, particularly for young firms, using theoretical models and empirical data on bank technology and small business lending.
Study by ECB, BIS, IMF, and FRB researchers analysing how information technology investments in banking impact startup financing, entrepreneurship, and credit access, presented at the EEA Annual Meeting 2022.
EBA keynote speech by José-Luis Peydró analysing banks' role in reducing carbon emissions through lending, climate policies, and decarbonization challenges, including transition risks and regulatory pressures from central banks and stress tests.
ECB speech at EBA workshop on macroprudential policy's role in addressing financial stability risks from climate change and technological innovation in banking, covering vulnerabilities, risks, and policy responses as of October 2022.
EBA workshop paper analysing whether green loans pose lower risk using micro-evidence from a European emerging economy, covering methodology, results, and climate finance implications under banking regulation frameworks.
Study by Wharton School and FRB Chicago analysing financial costs of anti-ESG policies, focusing on Texas laws barring municipalities from contracting with banks limiting oil, gas, or firearms funding, and their market impact.
EBA research discussion analysing the financial impact of anti-ESG policies on municipal bond markets, focusing on Texas case studies, bond yields, and debt servicing costs from reduced bank competition.
Study by UC Berkeley analysing how environmental regulatory risks and firm pollution influence mutual funds' portfolio choices, focusing on rebalancing decisions in response to regulations like nonattainment designations.
Academic study examining how a firm’s ESG reputation risk influences its debt financing choices, including loans versus bonds, and their role in sustainable transformation under frameworks like the UN Sustainable Development Goals and Paris Climate Agreement.
2022 EBA Policy Research Workshop paper analysing how cashless payments via platforms like Alipay in China may improve financial inclusion and credit access for underserved populations, using digital payment data and alternative credit scoring.
EBA Policy Research Workshop 2022 paper analysing how cashless payments and new technologies like data-driven credit models can improve financial inclusion and credit access for underprivileged groups.