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Corporate Carbon Footprint: Evaluating Environmental Risks and Incentives in the Era of Climate Finance

Author

Listed:
  • Sugra Humbatova

    (Department of Economics, Azerbaijan State University of Economics (UNEC), Baku, Azerbaijan)

  • Ibrohimjon Foziljonov

    (��Corporate Governance Department, Tashkent State University of Economics, Tashkent, Uzbekistan)

  • Gunay Panahova

    (Department of Economics, Azerbaijan State University of Economics (UNEC), Baku, Azerbaijan)

Abstract

To fight climate change and reduce their increasing pollution levels, developing nations must have access to worldwide public climate funds. In the view of developing nations, meeting their commitments to reduce emissions under the Paris Agreement depends on receiving funding for climate-related initiatives. According to earlier studies, financing developing nations may help them meet their climate targets. The most recent data on climate money and NDCs are used in this research to examine the subject from a practical standpoint. Two research approaches were used in this study to investigate the impact of climate funding on the objectives of recipient nations. Data indicated that it was excellent regardless of the size of the effect. Developing nations’ attempts to reduce emissions were more affected than those of the least developed nations, especially those with economies centred on tiny islands. This paper outlines how to solve the issue, but it is just the beginning. By informing their handling of climate money, investors can gain poorer nations’ confidence, according to this research.

Suggested Citation

  • Sugra Humbatova & Ibrohimjon Foziljonov & Gunay Panahova, 2024. "Corporate Carbon Footprint: Evaluating Environmental Risks and Incentives in the Era of Climate Finance," Journal of Environmental Assessment Policy and Management (JEAPM), World Scientific Publishing Co. Pte. Ltd., vol. 26(03), pages 1-14, September.
  • Handle: RePEc:wsi:jeapmx:v:26:y:2024:i:03:n:s1464333224500121
    DOI: 10.1142/S1464333224500121
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