it adds to a strand of literature on corporate decisions and market responses to the issuance of green bonds. A growing body of studies has solely focused on exploring the motivation behind green bond issuance (Cao et al.2021; Lin and Su2022; Liu et al.2022) and the actual impacts of gr...
The world's appetite for securities that help curb greenhouse gas emissions is growing faster than predicted with almost $72 billion of green bonds set to be issued this year. About $37 billion of climate-friendly securities were issued in the first half of 2016, making it the busiest year ...
The study utilizes new IMF data to explore the effect of energy policy diversity on the issuance of green bonds in seventy countries from 1991 to 2021. It develops a measure of energy production diversity that captures the variations in key alternative energy sources, enhancing our understanding of...
China's issuance of green bonds has maintained a rapid increase in recent years, with the amount reaching 210.3 billion yuan last year, accounting for nearly 18 percent of the worldwide issuance, the paper cited data from a report by the China Central Depository & Clearing Co., Ltd. The co...
Vigorously developing green industries is an important support for achieving the goal of "double carbon". Since the beginning of this year, China's green investment has performed brilliantly. According to wind data, as of August 8, the total issuance of green bonds in China has reached 1.03 tr...
The global issuance of green bonds has hit yet another milestone for the first time surpassing $100bn inside six months, the Climate Bonds Initiative confirmed yesterday. The $100bn mark was first reached... To continue reading this article... ...
Given the escalating momentum of Chinese green bond (CGB) issuances, this study aimed to elucidate the intricate relationship between CGB issuances and firm performance. Our findings indicate a significant spillover effect stemming from green government and green financial bonds, whereas the impact on ...
BEIJING, July 25 (Xinhua) -- China issued a total of 84 green bonds worth 131.18 billion yuan in the first half of 2019, hiking 150 percent year on year, reported the Securities Daily on Thursday. China's issuance of green bonds from January to June this year presented some obvious chang...
We further explore the economic mechanism through which the issuance of green bonds positively impacts ESG rating disagreement. The first one we examine is the incremental ESG information along with the green bond issuance. Using the ESG disclosure score provided by Bloomberg, we find that after iss...
Growth has also been helped by the broadening of the definition of what constitutes “green”. In 2013, bonds were issued by pure-play green companies and would go to funding renewable energy or similar projects, said Ms Pastor. Now there are a wider range of issuers and “light green” ...