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ORCID

Jan Koleśnik: 0000-0003-2182-5645

Keywords

GHG emissions, agricultural lending, banks’ loan portfolio, EU banking groups

Abstract

This article analyses the effectiveness of the banking sector in limiting greenhouse gas (GHG) emissions in European Union agriculture and the impact of EU banking groups‘ policies on their Polish subsidiaries. The study is based on data from 2019–2025 sourced from the Eurostat database, the European Banking Authority (EBA), and capital adequacy disclosures (CQ5 and CR1-B reports). The research sample included 14 EU countries with an agricultural share in GDP of between 1% and 3.6% and 62 EU banking groups at the highest level of consolidation. A linear regression model was employed, using the change in gas emissions as the dependent variable and the change in the share of agricultural loans in the total loan portfolio as the explanatory variable. Results showed a lack of statistically significant correlation between changes in credit involvement and GHG emission levels, leading to the rejection of the research hypotheses. These findings challenge the role assigned to banks in the European Green Deal as a tool for the green transformation of agriculture.

Acknowledgments

Funding

The research received no funds.

Declaration of Conflicting Interests

The author declared no potential conflicts of interest with respect to the research, authorship, and publication of the article.

Declaration about the scope of AI utilization

The author did not use an AI tool in the preparation of the article.

First Page

21

Last Page

31

Page Count

13

Received Date

30.09.2025

Revised Date

18.04.2026

Accept Date

08.06.2026

Online Available Date

06.07.2026

DOI

10.7172/2353-6845.jbfe.2026.1.2

JEL Code

G21; G28; O13; Q14; Q53

Publisher

University of Warsaw

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