"This book is a must read to understand the pitfalls of relying solely on financial innovation to solve the climate crisis." (Matthew Paterson, University of Ma
Funding low-carbon transitions to address climate change is one of the major challenges of our time. Green bonds have emerged as a powerful tool to enlist insti
Emerging market stock issuance relative to GDP rose in the late twentieth century to levels that roughly matched that of advanced, industrial markets. Nonethele
This publication provides guidance for bond issuers and their advisors on the process and key considerations for a successful green bond issuance. Demand for gr
Despite exhibiting remarkable growth, the green bond market still represents less than 1 percent of the global bond market. This paper identifies two challenges
