Green Investment by Firms: Finance or Climate Driven?

Green Investment Challenges in European Firms: Internal vs. External Resources

“…In the same vein, Ref. [26] found that SMEs with access to technical expertise and better management can overcome information barriers and are more likely to adopt sustainable supply chain practices. Ref.…”

“…Similarly, Ref. [26] shows that the more financially constrained firms are, the less likely they are to pursue mitigation measures to reduce energy costs and their carbon footprint.…”

Making the grass greener

“…However, implementing the large variety of standards is challenging for companies, 40 suggesting that more needs to be done to integrate the different standards, to expand the coverage of such standardization tools, in particular by include further dimensions of sustainability (Mustapha, Manan and Alwi, 2017 [100]). Energy audits have also been shown to help overcome informational barriers and lead to investment in energy efficiency (Kalantzis and Revoltella, 2019 [101])). 72.…”