TR
EN
Financing the Green Transition in the Mediterranean: Assessing the Impact and Diversity of Green Finance Tools
Öz
This study examines the effects of environmentally related taxes and feed-in tariffs (FiTs) on greenhouse gas (GHG) emissions in Mediterranean countries, while also exploring the role of broader green finance instruments in the region. The study highlights several key findings. First, environmentally related taxes and climate taxes, while not significantly reducing per capita GHG emissions when applied alone, appear to become more effective when combined with stringent environmental policies. Specifically, a 1 percentage point increase in these taxes leads to a 0.01-0.02% decrease in GHG emissions per capita, with more stringent policies amplifying their impact. Similarly, the presence of FiTs does not consistently reduce emissions unless tariffs are increased for specific energy sources such as hydro, waste, or marine energy, leading to a more pronounced decline in emissions. Green finance mechanisms are necessary but not sufficient on their own; their success depends on alignment with complementary fiscal and regulatory policies. A comprehensive policy mix—phasing out fossil fuel subsidies, implementing carbon pricing, and reinforcing environmental regulation—is crucial for enabling a credible transition to a low-carbon economy in the Mediterranean.
Anahtar Kelimeler
Kaynakça
- Acar, S. (2024). Addressing the link between fossil fuel subsidies and climate change in the Mediterranean Region. In R. Degron and C. Tsakas (Eds.), Unraveling the Impact of environmentally harmful subsidies in the Mediterranean (pp. 76-107). Marseille: Plan Bleu.
- Acar, S. (2025). Financing the green transition: A synthesis and analysis of green finance tools employed in the Mediterranean region. In R. Degron and C. Tsakas (Eds.), Environmentally friendly economic tools and finances: A pathway towards sustainability in the Mediterranean (pp. 89-120). Marseille: Plan Bleu.
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- American Chamber of Commerce in Egypt. (2023). Industry insight: Sustainable finance. Retrieved from https://www.amcham.org.eg/publications/industry-insight/issues/147/Sustainable-Finance-Industry-April-2023
- Bitsadze, R. (2024). EBRD to support climate finance and private sector mobilisation at COP29. Retrieved from https://www.ebrd.com/news/2024/ebrd-to-support-climate-finance-and-private-sector-mobilisation-at-cop29.html
- Bos, J. and Thwaites, J. (2021). A breakdown of developed countries’ public climate finance contributions towards the $100 billion goal. Retrieved from https://www.wri.org/research/breakdown-developed-countries-public-climate-finance-contributions-towards-100-billion
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Ayrıntılar
Birincil Dil
İngilizce
Konular
Yeşil Ekonomi
Bölüm
Araştırma Makalesi
Yayımlanma Tarihi
31 Ekim 2025
Gönderilme Tarihi
1 Temmuz 2025
Kabul Tarihi
15 Ekim 2025
Yayımlandığı Sayı
Yıl 2025 Cilt: 10 Sayı: Özel Sayı
APA
Acar, S., & Tsakas, C. (2025). Financing the Green Transition in the Mediterranean: Assessing the Impact and Diversity of Green Finance Tools. Ekonomi Politika ve Finans Araştırmaları Dergisi, 10(Özel Sayı), 1-29. https://doi.org/10.30784/epfad.1812998
AMA
1.Acar S, Tsakas C. Financing the Green Transition in the Mediterranean: Assessing the Impact and Diversity of Green Finance Tools. EPF Journal. 2025;10(Özel Sayı):1-29. doi:10.30784/epfad.1812998
Chicago
Acar, Sevil, ve Constantin Tsakas. 2025. “Financing the Green Transition in the Mediterranean: Assessing the Impact and Diversity of Green Finance Tools”. Ekonomi Politika ve Finans Araştırmaları Dergisi 10 (Özel Sayı): 1-29. https://doi.org/10.30784/epfad.1812998.
EndNote
Acar S, Tsakas C (01 Ekim 2025) Financing the Green Transition in the Mediterranean: Assessing the Impact and Diversity of Green Finance Tools. Ekonomi Politika ve Finans Araştırmaları Dergisi 10 Özel Sayı 1–29.
IEEE
[1]S. Acar ve C. Tsakas, “Financing the Green Transition in the Mediterranean: Assessing the Impact and Diversity of Green Finance Tools”, EPF Journal, c. 10, sy Özel Sayı, ss. 1–29, Eki. 2025, doi: 10.30784/epfad.1812998.
ISNAD
Acar, Sevil - Tsakas, Constantin. “Financing the Green Transition in the Mediterranean: Assessing the Impact and Diversity of Green Finance Tools”. Ekonomi Politika ve Finans Araştırmaları Dergisi 10/Özel Sayı (01 Ekim 2025): 1-29. https://doi.org/10.30784/epfad.1812998.
JAMA
1.Acar S, Tsakas C. Financing the Green Transition in the Mediterranean: Assessing the Impact and Diversity of Green Finance Tools. EPF Journal. 2025;10:1–29.
MLA
Acar, Sevil, ve Constantin Tsakas. “Financing the Green Transition in the Mediterranean: Assessing the Impact and Diversity of Green Finance Tools”. Ekonomi Politika ve Finans Araştırmaları Dergisi, c. 10, sy Özel Sayı, Ekim 2025, ss. 1-29, doi:10.30784/epfad.1812998.
Vancouver
1.Sevil Acar, Constantin Tsakas. Financing the Green Transition in the Mediterranean: Assessing the Impact and Diversity of Green Finance Tools. EPF Journal. 01 Ekim 2025;10(Özel Sayı):1-29. doi:10.30784/epfad.1812998