Template-Type: ReDIF-Article 1.0
Author-Name: Salha Ben Salem
Author-Email: salha.bensalembannour@gmail.com
Author-Name: Ahmed Jeribi
Author-Email: ahmedjeribi07@yahoo.fr
Title: The nexus of blue economy, green finance, and energy commodities: A quantile VAR approach
Abstract: The post-COVID era highlights the need for sustainable, resilient economies. This study investigates the interconnectedness between green finance, blue economy indices, clean energy assets, and energy commodities using a TVP-VAR and quantile VAR model from October 2021 to January 2024. Results show high connectedness (90–100%), with clean energy indices (OCEN, GNR) as key transmitters and oil/gas as net receivers, especially during stress periods. Spillover asymmetries across quantiles confirm non-linear risk transmission. Findings inform investors and policymakers on aligning green finance with energy policy, enhancing risk management tools, and promoting global cooperation for a just transition. This framework supports forward-looking, sustainable financial and energy strategies.
Keywords: Climate Finance Risk Index, green bonds, Q-VAR model,
Journal: Modern Finance
Pages: 96-119
Volume: 3
Issue: 2
Year: 2025
Subtitle : 
File-URL: https://mf-journal.com/article/view/272
File-Format: text/xml
Handle: RePEc:bdy:modfin:v:3:y:2025:i:2:p:96-119:id:272