Effective green financial policies for the low-carbon transition

Project Information

GREENFIN

Grant agreement ID: 948220

DOI

10.3030/948220

EC signature date 3 November 2020

Start date 1 January 2021

End date 31 December 2025

Funded under

• EXCELLENT SCIENCE - European Research Council (ERC)

Total cost

€ 1 499 771,00

EU contribution

€ 1 499 771,00

Coordinated by

EIDGENOESSISCHE TECHNISCHE HOCHSCHULE ZUERICH
Switzerland

CORDIS provides links to public deliverables and publications of HORIZON projects.

Links to deliverables and publications from FP7 projects, as well as links to some specific result types such as dataset and software, are dynamically retrieved from OpenAIRE .

Publications

Peer reviewed articles (23)

Assessing corporate climate action: Corporate climate policies and company-level emission reductions

Author(s): Lena Klaaßen, Christian Lohmüller, Bjarne Steffen
Published in: PLOS Climate, Issue 3, 2024, Page(s) e0000458, ISSN 2767-3200
Publisher: Public Library of Science (PLoS)
DOI: 10.1371/journal.pclm.0000458

Analyzing the competitiveness of low-carbon drive-technologies in road-freight: A total cost of ownership analysis in Europe

Author(s): Bessie Noll; Santiago del Val; Tobias S. Schmidt; Bjarne Steffen
Published in: Applied Energy, Issue 306, 2021, ISSN 0306-2619
Publisher: Pergamon Press Ltd.
DOI: 10.1016/j.apenergy.2021.118079

Climate damage projections beyond annual temperature

Author(s): Paul Waidelich, Fulden Batibeniz, James A. Rising, Jarmo Kikstra, Sonia Seneviratne
Published in: Nature Climate Change, Issue 14, 2024, Page(s) 592-599, ISSN 1758-678X
Publisher: Nature Publishing Group
DOI: 10.21203/rs.3.rs-3198712/v1

Strengthen finance in sustainability transitions research

Author(s): Bjarne Steffen; Tobias S. Schmidt
Published in: Environmental Innovation and Societal Transitions, Issue 41, 2021, Page(s) 77-80, ISSN 2210-4224
Publisher: Elsevier BV
DOI: 10.1016/j.eist.2021.10.018

The impact of financing structures on the cost of carbon dioxide transport

Author(s): Katrin Sievert, Alexandru Stefan Stefanescu, Pauline Oeuvray, Bjarne Steffen
Published in: Energy Economics, Issue 143, 2025, Page(s) 108253, ISSN 0140-9883
Publisher: Elsevier BV
DOI: 10.1016/j.eneco.2025.108253

Policies for climate finance: Status and research needs

Author(s): Bjarne Steffen, Axel Michaelowa
Published in: PLOS Climate, Issue 1, 2022, Page(s) e0000083, ISSN 2767-3200
Publisher: Public Library of Science (PLoS)
DOI: 10.1371/journal.pclm.0000083

Pushed to finance? Assessing technology export as a motivator for coal finance abroad

Author(s): Niccolò Manych, Florian Egli, Nils Ohlendorf, Tobias S Schmidt, Bjarne Steffen, Anna Stünzi, Jan Christoph Steckel
Published in: Environmental Research Letters, Issue 18, 2023, Page(s) 084028, ISSN 1748-9326
Publisher: Institute of Physics Publishing
DOI: 10.1088/1748-9326/ace6c1

A comparative analysis of green financial policy output in OECD countries

Author(s): Bjarne Steffen
Published in: Environmental Research Letters, Issue 16(7), 2021, ISSN 1748-9326
Publisher: Institute of Physics Publishing
DOI: 10.1088/1748-9326/ac0c43

Improving the representation of cost of capital in energy system models

Author(s): Katherine E. Lonergan; Florian Egli; Sebastian Osorio; Giovanni Sansavini; Michael Pahle; Tobias S. Schmidt; Bjarne Steffen
Published in: Joule, Issue 7(3), 2023, ISSN 2542-4351
Publisher: Cell Press
DOI: 10.1016/j.joule.2023.02.004

Renewable energy financing by state investment banks: Evidence from OECD countries

Author(s): Paul Waidelich, Bjarne Steffen
Published in: Energy Economics, Issue 132, 2024, Page(s) 107455, ISSN 0140-9883
Publisher: Elsevier BV
DOI: 10.1016/j.eneco.2024.107455

Estimating the cost of capital for solar PV projects using auction results

Author(s): Florian Egli, Nikolai Orgland, Michael Taylor, Tobias S. Schmidt, Bjarne Steffen
Published in: Energy Policy, Issue 183, 2024, Page(s) 113849, ISSN 0301-4215
Publisher: Pergamon Press Ltd.
DOI: 10.1016/j.enpol.2023.113849

Accounting for finance in electrification models for sub-Saharan Africa

Author(s): Churchill Agutu; Florian Egli; Nathaniel J. Williams; Tobias S. Schmidt; Bjarne Steffen
Published in: Nature Energy, Issue 7, 2022, Page(s) 631-641, ISSN 2058-7546
Publisher: Springer Nature
DOI: 10.1038/s41560-022-01041-6

The effect of differentiating costs of capital by country and technology on the European energy transition

Author(s): Polzin, Friedemann; Sanders, Mark; Steffen, Bjarne; Egli, Florian; Schmidt, Tobias S.; Karkatsoulis, Panagiotis; Fragkos, Panagiotis; Paroussos, Leonidas; Strategy, Organisation, Entrepreneurship; UU LEG Research UUSE Multidisciplinary Economics; Sub IMW afd IW Externen
Published in: Climatic Change, Issue 167, 2021, Page(s) 1-21, ISSN 0165-0009
Publisher: Reidel Pub. Co.
DOI: 10.1007/s10584-021-03163-4

Meta-analysis on necessary investment shifts to reach net zero pathways in Europe

Author(s): Lena Klaaßen; Bjarne Steffen
Published in: Nature Climate Change, Issue 13(1), 2023, ISSN 1758-6798
Publisher: Springer Nature
DOI: 10.1038/s41558-022-01549-5

Determinants of cost of capital in the electricity sector

Author(s): Bjarne Steffen; Paul Waidelich
Published in: Progress in Energy, Issue 4(3), 2022, Page(s) 1-17, ISSN 2516-1083
Publisher: IOP Science
DOI: 10.3929/ethz-b-000562104

Reducing the cost of capital to finance the energy transition in developing countries

Author(s): M. Calcaterra, L. Aleluia Reis, P. Fragkos, T. Briera, H. S. de Boer, F. Egli, J. Emmerling, G. Iyer, S. Mittal, F. H. J. Polzin, M. W. J. L. Sanders, T. S. Schmidt, A. Serebriakova, B. Steffen, D. J. van de Ven, D. P. van Vuuren, P. Waidelich, M. Tavoni
Published in: Nature Energy, Issue 9, 2024, Page(s) 1241-1251, ISSN 2058-7546
Publisher: Springer Science and Business Media LLC
DOI: 10.1038/s41560-024-01606-7

The role of policies in reducing the cost of capital for offshore wind

Author(s): Mak Đukan; Anurag Gumber; Florian Egli; Bjarne Steffen
Published in: iScience, Issue 26(6), 2023, ISSN 2589-0042
Publisher: Cell Press
DOI: 10.1016/j.isci.2023.106945

Determinants of fossil fuel divestment in European pension funds

Author(s): Florian Egli; David Schärer; Bjarne Steffen
Published in: Ecological Economics, Issue 191, 2022, Page(s) 1-17, ISSN 0921-8009
Publisher: Elsevier BV
DOI: 10.1016/j.ecolecon.2021.107237

Quantifying the shift of public export finance from fossil fuels to renewable energy

Author(s): Philipp Censkowsky, Paul Waidelich, Igor Shishlov, Bjarne Steffen
Published in: Nature Communications, Issue 16, 2025, ISSN 2041-1723
Publisher: Nature Publishing Group
DOI: 10.1038/s41467-025-55981-0

Safeguarding the energy transition against political backlash to carbon markets

Author(s): M. Pahle; O. Tietjen; S. Osorio; F. Egli; B. Steffen; T. S. Schmidt; O. Edenhofer
Published in: Nature Energy, Issue 7, 2022, Page(s) 290-296, ISSN 2058-7546
Publisher: Springer Nature
DOI: 10.1038/s41560-022-00984-0

A global analysis of renewable energy project commissioning timelines

Author(s): Anurag Gumber, Riccardo Zana, Bjarne Steffen
Published in: Applied Energy, Issue 358, 2024, Page(s) 122563, ISSN 0306-2619
Publisher: Pergamon Press Ltd.
DOI: 10.1016/j.apenergy.2023.122563

Cofinancing and infrastructure project outcomes in Chinese lending and overseas development finance

Author(s): Yangsiyu Lu, Cecilia Springer, Bjarne Steffen
Published in: World Development, Issue 175, 2023, Page(s) 106473, ISSN 0305-750X
Publisher: Pergamon Press Ltd.
DOI: 10.1016/j.worlddev.2023.106473

State ownership and technology adoption: The case of electric utilities and renewable energy

Author(s): Bjarne Steffen, Valerie Karplus, Tobias S. Schmidt
Published in: Research Policy, Issue 51, 2022, Page(s) 1-14, ISSN 0048-7333
Publisher: Elsevier BV
DOI: 10.1016/j.respol.2022.104534

Conference proceedings (1)

Automated Identification of Climate Risk Disclosures in Annual Corporate Reports

Author(s): Friederich, David; Kaack, Lynn H.; Luccioni, Alexandra; Steffen, Bjarne
Published in: International Conference on Machine Learning ICML, Issue 38, 2021, 2021
Publisher: ICML
DOI: 10.48550/arxiv.2108.01415

Non-peer reviewed articles (1)

Representation of financial markets in macro-economic transition models—a review and suggestions for extensions

Author(s): Mark Sanders; Alexandra Serebriakova; Panagiotis Fragkos; Friedemann Polzin; Florian Egli; Bjarne Steffen
Published in: Environmental Research Letters, Issue 17(8), 2022, ISSN 1748-9326
Publisher: Institute of Physics Publishing
DOI: 10.1088/1748-9326/ac7f48