Green Bonds: Quick Insight into One of the Most Implemented Sustainable Debt Instrument to Tackle Climate Change
The importance of climate change and its impacts on different areas has helped to increase the implementation of financial instruments that seek to mitigate or adapt future events. After Paris Agreement in 2015 a particular instrument started to gain momentum: Green Bonds are debt instruments which...
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| Format: | Article |
| Language: | Spanish |
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Universidad Nacional de La Plata
2022-12-01
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| Series: | Ciencias Administrativas |
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| Online Access: | https://revistas.unlp.edu.ar/CADM/article/view/13829 |
| _version_ | 1811185787570487296 |
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| author | Santiago Bohner |
| author_facet | Santiago Bohner |
| author_sort | Santiago Bohner |
| collection | DOAJ |
| description |
The importance of climate change and its impacts on different areas has helped to increase the implementation of financial instruments that seek to mitigate or adapt future events. After Paris Agreement in 2015 a particular instrument started to gain momentum: Green Bonds are debt instruments which focus on financing only green projects and even when the need financial flows are higher than actual contributions, green bonds issuance has been breaking major milestones since 2007. Until June 2021, cumulative volume of green bonds was 1.6 trillion dollars, mostly coming from United States, China, and Europe. Countries are exposed to climate change risks despite its contribution to it however efforts from some regions such as Latin America or Africa are still very low. Also, an unorganized transition to a greener future could increase instability within prices, people, and natural resources.
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| first_indexed | 2024-04-11T13:35:14Z |
| format | Article |
| id | doaj.art-2df25a7cfb62471aab56ffd33c821db3 |
| institution | Directory Open Access Journal |
| issn | 2314-3738 |
| language | Spanish |
| last_indexed | 2024-04-11T13:35:14Z |
| publishDate | 2022-12-01 |
| publisher | Universidad Nacional de La Plata |
| record_format | Article |
| series | Ciencias Administrativas |
| spelling | doaj.art-2df25a7cfb62471aab56ffd33c821db32022-12-22T04:21:32ZspaUniversidad Nacional de La PlataCiencias Administrativas2314-37382022-12-0110.24215/23143738e117Green Bonds: Quick Insight into One of the Most Implemented Sustainable Debt Instrument to Tackle Climate ChangeSantiago Bohner0Facultad de Ciencias Económicas. Universidad Nacional de La Plata. Argentina. The importance of climate change and its impacts on different areas has helped to increase the implementation of financial instruments that seek to mitigate or adapt future events. After Paris Agreement in 2015 a particular instrument started to gain momentum: Green Bonds are debt instruments which focus on financing only green projects and even when the need financial flows are higher than actual contributions, green bonds issuance has been breaking major milestones since 2007. Until June 2021, cumulative volume of green bonds was 1.6 trillion dollars, mostly coming from United States, China, and Europe. Countries are exposed to climate change risks despite its contribution to it however efforts from some regions such as Latin America or Africa are still very low. Also, an unorganized transition to a greener future could increase instability within prices, people, and natural resources. https://revistas.unlp.edu.ar/CADM/article/view/13829green bondssustainabilityclimate change |
| spellingShingle | Santiago Bohner Green Bonds: Quick Insight into One of the Most Implemented Sustainable Debt Instrument to Tackle Climate Change Ciencias Administrativas green bonds sustainability climate change |
| title | Green Bonds: Quick Insight into One of the Most Implemented Sustainable Debt Instrument to Tackle Climate Change |
| title_full | Green Bonds: Quick Insight into One of the Most Implemented Sustainable Debt Instrument to Tackle Climate Change |
| title_fullStr | Green Bonds: Quick Insight into One of the Most Implemented Sustainable Debt Instrument to Tackle Climate Change |
| title_full_unstemmed | Green Bonds: Quick Insight into One of the Most Implemented Sustainable Debt Instrument to Tackle Climate Change |
| title_short | Green Bonds: Quick Insight into One of the Most Implemented Sustainable Debt Instrument to Tackle Climate Change |
| title_sort | green bonds quick insight into one of the most implemented sustainable debt instrument to tackle climate change |
| topic | green bonds sustainability climate change |
| url | https://revistas.unlp.edu.ar/CADM/article/view/13829 |
| work_keys_str_mv | AT santiagobohner greenbondsquickinsightintooneofthemostimplementedsustainabledebtinstrumenttotackleclimatechange |