The Opportunity for Bonds to Address the Climate Finance Challenge

Sean Kidney () and Bridget Boulle ()
Additional contact information
Sean Kidney: Climate Bonds Initiative
Bridget Boulle: Climate Bonds Initiative

A chapter in Responsible Investment Banking, 2015, pp 575-599 from Springer

Abstract: Abstract 2014 saw a niche, thematic ‘green bond’ market becomes a new asset class and a talking point among mainstream and SRI investors alike. Over US$36bn was issued in 2014—more than triple any previous year. The development of this thematic asset class has the potential to marginally, but significantly, reduce friction and transaction costs for investors looking for a means of addressing climate change, helping to reduce the cost of capital and speed flows of that capital. This chapter describes how the growth of this new asset class can help direct capital to meet the vast financial requirements involved in a rapid transition to a low-carbon and climate resilient economy and sets out steps to grow the theme.

Keywords: Institutional Investor; Pension Fund; International Energy Agency; Asset Class; Bank Lending (search for similar items in EconPapers)
Date: 2015
References: Add references at CitEc
Citations: View citations in EconPapers (1)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:csrchp:978-3-319-10311-2_39

Ordering information: This item can be ordered from
http://www.springer.com/9783319103112

DOI: 10.1007/978-3-319-10311-2_39

Access Statistics for this chapter

More chapters in CSR, Sustainability, Ethics & Governance from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().