The Impact of Sustainable Finance on Petroleum Trade and Transportation: Evidence from the Global Energy Transition

Abdelmotalab Dalil ()
Additional contact information
Abdelmotalab Dalil: Department of Administration Sciences, Bayan University, Khartoum, Sudan.

International Journal of Energy Economics and Policy, 2026, vol. 16, issue 4, 26-38

Abstract: This study examines the impact of sustainable finance on petroleum trade and transportation within the context of the global energy transition, employing a quantitative-dominant mixed-method empirical design. Primary data were collected through structured questionnaires (n = 86) and complemented with secondary data from industry reports and academic literature. Descriptive and inferential statistical techniques, including correlation and regression analysis, were used to test the study hypotheses. The results indicate that sustainable finance has a significant negative effect on access to capital (? = -0.50, p < 0.001), reflecting the tightening of ESG-based financing conditions, which reduce capital availability and increase the cost of capital in carbon-intensive sectors. Conversely, sustainable finance exerts significant positive effects on trade flows (? = 0.42, p < 0.01), innovation (? = 0.60, p < 0.001), and alignment challenges (? = 0.47, p < 0.001). These findings highlight the dual role of sustainable finance as both a constraint and a driver of transformation in carbon-intensive sectors.

Keywords: Sustainable Finance; Petroleum Trade; Energy Transition; Environmental; Social; and Governance; Transport Innovation; Capital Access (search for similar items in EconPapers)
Date: 2026
References: Add references at CitEc
Citations:

Downloads: (external link)
https://econjournals.com/index.php/ijeep/article/download/23669/10179 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eco:journ2:v:16:y:2026:i:4:id:23669

Ordering information: This journal article can be ordered from
https://econjournals.com/index.php/ijeep

DOI: 10.32479/ijeep.23669

Access Statistics for this article

More articles in International Journal of Energy Economics and Policy from International Journal of Energy Economics and Policy
Bibliographic data for series maintained by Monica Sinhat ().