Green targeted lending operations in the Euro Area
构建DSGE模型研究绿色贷款的双重利率，发现对绿色贷款银行设定不同利率可降低转型风险，引导资本流向绿色生产部门，助力减排和净零目标。
In this paper, we construct a Dynamic Stochastic General Equilibrium (DSGE) model to examine the implications of dual rates for green lending. We demonstrate that implementing a distinct interest rate for banks engaged in green lending can effectively mitigate transition risks while channeling more capital towards green production sectors and firms for an immediate cut of emissions and net zero emission economy targets.