Conventional wisdom about the relationship between income distribution and economic development has been subjected to dramatic transformations in the past century. While Classical economists advanced the hypothesis that inequality is beneficial for economic development, the Neoclassical...

This report describes the development of the green bond market as an innovative instrument for green finance, and provides a review of policy actions and options to promote further market development and growth. Since 2007-08, so-called “green bonds” have emerged and the market has risen...

Mainstreaming Environmental Finance into Financial Markets - Relevance, Potential and Obstacles -- Mainstreaming Framework Conditions for Environmental Finance - The Role of the Public Sector -- Mainstreaming Environmental Finance Markets (I) - Small-Scale Energy Efficiency and Renewable Energy...