While green bonds are becoming increasingly popular in the corporate finance practice, little is known about their implications and effectiveness in terms of issuers' environmental engagement. Using matched bond-issuer data, we test whether green bond issues are associated to a reduction in...

This chapter begins with a few home truths about the lack of action amongst institutional investors in responding to climate change and sets out some possible reasons for that. The conditions for a collaborative framework for pension schemes and other institutional investors will then be...

Paper covers personal experiences relating to the relevant science, publications, negotiations, policies, measures, business responses, and sleight-of-hand which has gone around the author over many years

Climate change threatens to displace as many as 200 million people internally and across national borders by the middle of the twenty-first century. Indigenous peoples are among the most vulnerable to these changes. With the loss of their village rapidly approaching, the residents of the Native...

Balancing economic growth and carbon emissions is crucial for managing irreversible climate change. We investigate the impact of national ESG performance on greenhouse gas emissions and explores the role of environmental policy stringency on this impact. Based on the panel data of 41 countries...

We study the design features of disclosure regulations that seek to trigger the green transition of the global economy and ask whether such regulatory interventions are likely to bring about sufficient market discipline to achieve socially optimal climate targets. We categorize the transparency...