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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Format: | Article |
Language: | English |
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Nicolaus Copernicus University in Toruń
2013-09-01
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Series: | Copernican Journal of Finance & Accounting |
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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> |
first_indexed | 2024-03-12T11:19:25Z |
format | Article |
id | doaj.art-13b836a9e3724303b6030c12164d2855 |
institution | Directory Open Access Journal |
issn | 2300-1240 2300-3065 |
language | English |
last_indexed | 2024-03-12T11:19:25Z |
publishDate | 2013-09-01 |
publisher | Nicolaus Copernicus University in Toruń |
record_format | Article |
series | Copernican Journal of Finance & Accounting |
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 |