bonds makes it possible to achieve maximum hedging effectiveness between the S&P green bond (GB) and the S&P 500 ESG …

We introduce a novel sustainable capital instrument, with features inspired by CoCos: the skin-in-the-game bond. A skin …-in-the-game bond is linked to the performance of a benchmark that relates to the broad concept of sustainability in at least one of its … pillars: the environment, society or corporate governance. When the benchmark hits a preset trigger level, (part of) the bond …

. Overall, small and negative sample-wide reactions to sustainability bond issue announcements were found. Additionally, the … study finds significant negative abnormal returns before the publication in June 2018 of The Sustainability Bond Guidelines … by the International Capital Market Association. Specifically, the size of the bond issue, whether the bond is callable …

integration and return transmission among a set of four well-established environmental finance indices, namely the S\&P Green Bond … Index, MSCI Global Environment, Dow Jones Sustainability Index World and S&P Global Clean Energy over the period from … approach proposed by Diebold and Yilmaz (2012, 2014). S\&P Green Bond Index and S\&P Global Clean Energy appear to be short …

examination of green bond markets is becoming more and more important, as various financial shocks have also led to significant …