Does Climate Finance Mitigate Energy Uncertainty in Europe?
Muhammad ShahbazBeijing Institute of Technology, Beijing, ChinaBekhzod KuziboevUniversity of South Bohemia, Czech RepublicFeruz MatkarimovUrgench State University, UzbekistanOgabek SamandarovUrgench State University, Uzbekistan
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This study presents a novel assessment of the impact of climate finance on energy uncertainties in Europe from 2001 to 2019. The research employs the method of moments quantile regression for linear analysis and the partially linear functional-coefficient panel model for non-linear estimation. The findings indicate that climate finance effectively reduces energy uncertainty in Europe, as evidenced by both linear and non-linear analyses.
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