… green bond finance … green bond finance for renewable energy, this study employed a
difference-in-differences (DiD) analysis using an original panel dataset of $25 billion in green bond …

… climate-friendly activities due to new projects. While we cannot claim causality, also
because green bonds … suggest that green bonds act as a credible signal of firms' climate-related …

… , green bonds are gaining prominence in climate … green bond proceeds allocations from
53 organizations to projects and assets throughout 96 countries from 2008 to 2017. Green bond …

… institution to issue a climate-awareness bond, worth USD 1 billion, in 2007. A year later,
the World Bank issued a second green bond to finance climate mitigation and adaptation …

… investing in environmental and climate-related projects. Green bonds have also appealed …
begun to issue green bonds to meet their climate-change commitments by implementing their …

… investors are willing to accept lower yields for the greater good of fighting climate change,
green bonds may represent a cheaper source of financing. This, in turn, would predict a …

… , firms that issue green bonds may be more aware of climate-related risks, may have lower
emissions and could be overall better prepared for climate shocks (Flammer (2021)). As …

… Green bonds (or climate bonds) are one of the most used sustainable … the Paris Climate
Agreement of 2015, the climate bond market is expected to thrive in the near future. Green bonds …

… I find that green-bond issuers face higher climate change risks and … of green bonds as
an environmental commitment device. If the green-bonding mechanisms are effective, green-bond …

… how green bonds are affected by unexpected political events related to climate change. We
… and November 2021, green bonds significantly outperform conventional bonds in terms of …