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Huan-Huan Zheng

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Open access Oct 2026

Governing global capital: How state capacity and climate policy credibility attract sustainable investment

Can governments steer global capital toward public goals in an era of market-driven finance? This paper examines how state capacity and institutional credibility enable governments to attract sustainable investment through climate policy. Using the adoption of climate policies across 94 economies, we apply a triple d...

Huan-Huan Zheng · 0 citations

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