보고서(전자자료)
Greening Thy Neighbor: How the United States Inflation Reduction Act Drives Climate Finance Globally
- 카테고리
- 국외자료
- 단체저자
- ADB
- 발행기관
- ADB
- 발행년월
- 2024.11
- 페이지수
- 62p
- URL
요약
Industrial policies greening the economy aim to accelerate the transition to net zero. Using granular data on global investment funds, this paper identifies a novel international spillover channel of industrial policies. Sustainable global investment funds received more inflows after the Inflation Reduction Act was announced and increased their cross-border portfolio investments worldwide. Recipient economies better prepared to address climate change benefited most from sustainable global funds’ additional investments.