The financial system plays a major role in the transition to a low-carbon economy. We investigate this issue analyzing the recent developments and challenges in the bond and debt markets. First, we study the pricing of green bonds at issuance. We find a premium when green bonds are issued by...

Based on a literature review incorporating papers written before July 2021, this report presents behavioural factors affecting peoples' decision to invest in socially responsible investment (SRI) products. It groups behavioural factors into three clusters: (i) attitudinal factors, (ii) social...