Publication details
What do economists think about the green transition? Exploring the impact of environmental consciousness
| Authors | |
|---|---|
| Year of publication | 2026 |
| Type | Peer-reviewed scientific article |
| Magazine / Source | Environment and Development Economics |
| MU Faculty or unit | |
| Citation | |
| web | https://www.cambridge.org/core/journals/environment-and-development-economics/article/what-do-economists-think-about-the-green-transition-exploring-the-impact-of-environmental-consciousness/714294CF043DBBB79ED80ABBE554AAEB |
| Doi | https://doi.org/10.1017/S1355770X26100515 |
| Keywords | carbon footprint; climate finance; climate policy; environmental consciousness; expert survey |
| Attached files | |
| Description | 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. |