The role bonds in financing climate resilient economy

<p>Climate bonds are a new category of climate-related financial products in environmental finance. The validity of the emergence of climate bond market seems reasonable to attract private capital to finance climate-resilient economy and to make the recognition of green investment easier for p...

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Main Author: Marcelina Więckowska
Format: Article
Language:English
Published: Nicolaus Copernicus University in Toruń 2013-09-01
Series:Copernican Journal of Finance & Accounting
Subjects:
Online Access:https://apcz.umk.pl/czasopisma/index.php/CJFA/article/view/1804
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author Marcelina Więckowska
author_facet Marcelina Więckowska
author_sort Marcelina Więckowska
collection DOAJ
description <p>Climate bonds are a new category of climate-related financial products in environmental finance. The validity of the emergence of climate bond market seems reasonable to attract private capital to finance climate-resilient economy and to make the recognition of green investment easier for potential investors. Investments in low-carbon assets and technology to meet the Kyoto Protocol targets or investments to adopt to extreme weather conditions are just examples of sources of the capital needed. Developing the potential of green bond market has not been fully exploited so far. In the future, the most important determinants to stimulate the growth of the market will be green standardizations that are currently under construction. Positive outlook also results from existence of institutional investors represents tens of trillion USD and intends to incorporate climate change into investment strategies. Not without significance is the fact that green sukuk will enlarge the spectrum of climate-related financial products.</p>
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spelling doaj.art-13b836a9e3724303b6030c12164d28552023-09-02T00:46:32ZengNicolaus Copernicus University in ToruńCopernican Journal of Finance & Accounting2300-12402300-30652013-09-012115316710.12775/CJFA.2013.0111673The role bonds in financing climate resilient economyMarcelina Więckowska0Nicolaus Copernicus University in Toruń<p>Climate bonds are a new category of climate-related financial products in environmental finance. The validity of the emergence of climate bond market seems reasonable to attract private capital to finance climate-resilient economy and to make the recognition of green investment easier for potential investors. Investments in low-carbon assets and technology to meet the Kyoto Protocol targets or investments to adopt to extreme weather conditions are just examples of sources of the capital needed. Developing the potential of green bond market has not been fully exploited so far. In the future, the most important determinants to stimulate the growth of the market will be green standardizations that are currently under construction. Positive outlook also results from existence of institutional investors represents tens of trillion USD and intends to incorporate climate change into investment strategies. Not without significance is the fact that green sukuk will enlarge the spectrum of climate-related financial products.</p>https://apcz.umk.pl/czasopisma/index.php/CJFA/article/view/1804climate bondenvironmental financelow-carbon economy
spellingShingle Marcelina Więckowska
The role bonds in financing climate resilient economy
Copernican Journal of Finance & Accounting
climate bond
environmental finance
low-carbon economy
title The role bonds in financing climate resilient economy
title_full The role bonds in financing climate resilient economy
title_fullStr The role bonds in financing climate resilient economy
title_full_unstemmed The role bonds in financing climate resilient economy
title_short The role bonds in financing climate resilient economy
title_sort role bonds in financing climate resilient economy
topic climate bond
environmental finance
low-carbon economy
url https://apcz.umk.pl/czasopisma/index.php/CJFA/article/view/1804
work_keys_str_mv AT marcelinawieckowska therolebondsinfinancingclimateresilienteconomy
AT marcelinawieckowska rolebondsinfinancingclimateresilienteconomy