Since its inception in 2007, the green bond market has experienced a compound growth
rate of 50% annually. In 2014, green bond issuance totaled USD 36.6 billion, more than …

This study examines the market for green bonds, which have been in the spotlight as an eco-
friendly investment product. We analyze the volatility dynamics and spillovers between the …

The extant literature on green finance is mainly about its contribution to financing the
transition to a low-carbon economy and the benefits it has brought to financial market …

The green bond market is attracting new issuers and a more diversified base of investors.
However, the size of the green bond market remains small compared to the challenges it is …

The establishment of the green bond market is an attempt to attain environmental
sustainability from the finance perspective. One of the factors that could either hinder or …

Green bonds (or climate bonds) are one of the most used sustainable investment
instruments, and under the Paris Climate Agreement of 2015, the climate bond market is …

The green bond market is emerging as an impactful financing mechanism in climate change
mitigation efforts. The effectiveness of the financial market for this transition to a low-carbon …

This paper is a survey of recent academic developments in the literature on green bonds,
which have become an important financial instrument in socially responsible investment …

Green bonds are similar to conventional bonds but are specifically earmarked to raise
money to finance climate or environmental projects. There have been anecdotes of green …

The young growing market for green bonds offers investors the opportunity to take an explicit
focus on climate protecting investment projects. However, it is an open question whether this …