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Green bonds are about a decade old financial instrument with cash flows earmarked to improve the environment or combat climate change. We show the spectacular growth of the asset class over time, but note that it is currently still less than 1% of the entire fixed income market. The composition...
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The green bond market is growing and becoming increasingly important in green finance and for the transition to a low …-carbon economy. Still, the green bond market is to a large extent unstandardised. There is no commonly agreed definition of the term … 'green'. This has been seen as one of the biggest challenges when it comes to the development of the green bond market. The …
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which impact the fact that a bond is investing in green projects has on the yield that investors receive. The aim of this …
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the recent developments and challenges in the bond and debt markets. First, we study the pricing of green bonds at …
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