Green Bonds as a Tool of Green Financing

Research output: Chapter in Book/Report/Conference proceedingChapterAcademicpeer-review

929 Downloads (Pure)

Abstract

Green bonds are a new instrument to finance decarbonization and environmental sustainability projects. Despite significant growth in green bond issuance, there is little evidence on why companies issue them and whether this financing tool bolsters sustainability initiatives. We provide an overview of the academic literature on green bonds issued by for-profit companies. We focus our discussion on the determinants of a company's decision to issue a green bond and how green bonds impact environmental and financial outcomes. We conclude by providing suggestions for further research on green bonds.
Original languageEnglish
Title of host publicationThe Routledge Handbook of Green Finance
PublisherRoutledge
Chapter28
Pages512-525
Number of pages14
ISBN (Electronic)9781003345497
ISBN (Print)9781032385297
DOIs
Publication statusPublished - 2023

Fingerprint

Dive into the research topics of 'Green Bonds as a Tool of Green Financing'. Together they form a unique fingerprint.

Cite this