Green bonds (or climate bonds) are one of the most used sustainable investment
instruments, and under the Paris Climate Agreement of 2015, the climate bond market is …

Organizations are shifting their focus towards utilizing green energy in the business process
to enhance environmental sustainability. Similar to other business roles, the managerial …

We study a global panel of green and conventional corporate bonds to assess the borrowing
cost advantage at issuance for green bond issuers. We find that, on average, green …

The paper examines the role of green bonds in hedging the risk against industry portfolios
and other major asset classes. It mainly focuses on how the greenness of the portfolio …

Sadly, not much. This paper provides a theoretical and empirical analysis of the greenium,
the price premium the investor pays for green bonds over conventional bonds. We explain in …

Abstract The first Global Climate Strike on March 15, 2019, represented a historical turning
point in climate activism. We investigate the cross-section of stock price reactions to this …

The aim of this research is to amend traditional theories on bond pricing with additional
determinants specific to green bonds. We introduce a new term,'green bond transparency' …

This study investigates whether bond markets reflect firms' exposure to air pollution through
an increased cost of debt financing; and, if so, whether firms can mitigate this air pollution …

This paper is a survey of recent academic developments in the literature on green bonds,
which have become an important financial instrument in socially responsible investment …

Though the green bond markets are growing expeditiously, the summary overview of this
market literature is sparse. This study addresses the gap by employing a bibliometric …