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The green bond market is emerging as an impactful financing mechanism in climate change mitigation efforts. The … financial market roadblocks. This paper investigates the differential bond performance of green vs non-green bonds with (1) a … aggregate green bond and corporate energy time-series indices; as well as a cross-sectional set of individual bonds issued …
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the Climate Bond Initiatives, Green Bond Principles and United Nations Sustainable Development Goals that outline the … bond portfolios in the form of a time series regression model. We introduce a class of what we call hybrid time series … interpret and forecast returns series for two leading green bond indices …
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indices of S&P Green Bond, Solactive Global Solar, Solactive Global Wind, S&P Global Clean Energy and Carbon. We employ the … shocks in the system. Based on the hedging effectiveness, we show that bivariate and multivariate portfolios significantly …
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