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RESEARCH PRODUCT

Eco-Anxiety, Connectedness to Nature & Green Equity Investments

Fabrice HervéSylvain Marsat

subject

Green InvestmentGreen FundsConnectedness to natureEmotionsEco-anxiety[SHS.GESTION]Humanities and Social Sciences/Business administration[SHS.GESTION] Humanities and Social Sciences/Business administrationBehavioral Finance

description

International audience; Drawing on a survey of 671 French individual investors, we document for the first time the connection between emotions towards the environment and investment in green funds. Both eco-anxiety and connectedness to nature have a significant impact on deciding to invest in green funds, but, interestingly, do not exert any influence on the amount invested. Hence, investing in green funds seems to be a way to buy a good conscience towards the environment, but the good deed ends there since the amount itself is not linked to environmentally related emotions.

https://u-bourgogne.hal.science/hal-04150758