Financial Management. Green Bonds – Success or Failure?

Thomas Hammer and Patrick Siegfried

MPRA Paper from University Library of Munich, Germany

Abstract: This text will explain which role “Green Bonds” play in financing projects and how the green factor is weighted. It will be discussed on how the term “green” can change the price of the bond, if there is a “green premium” and for which group of investors this type of bond is interesting. We will discuss ways to reduce their cost of capital, also considering the risks and on ways on how to improve their conditions. The sustainable and eco-friendly aspects are also highlighted in this text and they might become crucial in future investing, which gives the bond an interesting role.

Keywords: Green Bonds; ESG; Sustainability; COP21 (search for similar items in EconPapers)
JEL-codes: G11 G12 (search for similar items in EconPapers)
Date: 2021-12-31
New Economics Papers: this item is included in nep-cwa, nep-ene and nep-env
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:111394

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