What do economists think about the green transition? Exploring the impact of environmental consciousness
Bibliographic Data
| ID | 21691048 |
|---|---|
| Authors | Simona Malovaná (0000-0002-0658-3214, Czech National Bank, corresponding author), Dominika Ehrenbergerová (0000-0002-9268-3325, Czech National Bank), Zuzana Gric (0000-0001-9383-4634, Czech National Bank) |
| Year | 2026 |
| Pages | 1-29 |
| Publication date | 2026-04-07 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Environment and Development Economics (JOURNAL) |
| Journal identifiers | ISSN: 1355-770X • E-ISSN: 1469-4395 |
| Publisher | Cambridge University Press (CUP) (PUBLISHER) |
| DOI | 10.1017/s1355770x26100515 |
| OpenAlex | W7151494687 |
| Language | EN |
| References cited | 49 |
We surveyed economics and finance professionals on the transition to a low-carbon economy, assessing risks, opportunities and stakeholder responsibilities. Findings reveal that respondents view the transition as an opportunity for the financial sector, with a modest increase in banking risks. Most respondents agreed that governments hold the primary responsibility for climate mitigation policies, with carbon tax as the favoured solution. Additionally, respondents perceived the COVID-19 pandemic to have a neutral or positive impact on the transition, while the Ukraine war to have a strong negative impact. Notably, opinions differ based on environmental consciousness and professional roles, with environmentally conscious individuals expressing more optimism
Climate change · Climate Finance · Consciousness · Environmental consciousness · Environmental crisis · Stakeholder · Stakeholder engagement · Stakeholder Theory · Business and Economic Development · COVID-19 impact on air quality · Sustainable Finance and Green Bonds
The Asset-Pricing Implications of Government Economic Policy Uncertainty
Sociotechnical transitions for deep decarbonization
The Importance of Climate Risks for Institutional Investors
The Significance of Hedonic Values for Environmentally Relevant Attitudes, Preferences, and Actions
Resiliency of Environmental and Social Stocks
The role of ESG performance during times of financial crisis
The geographical distribution of fossil fuels unused when limiting global warming to 2 °C
Do investors care about carbon risk?
Sustainable investing in equilibrium
Global non-linear effect of temperature on economic production
Climate Change, Financial Stability and Monetary Policy
Carbon Taxes, Path Dependency, and Directed Technical Change
Beliefs about Climate Beliefs
Toward a New Conception of the Environment-Competitiveness Relationship
| Citation velocity | historical |
|---|---|
| Highly cited | No |