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Green bond market: a critical review

Author

Listed:
  • Ashima Verma
  • Rachna Agrawal

Abstract

Climate change is real, and its impact is visible throughout the world in the form of melting of ice sheets, forest wildfires, earthquakes and cyclones. The study follows a combination of qualitative and empirical analysis to evaluate the impact of the COVID-19 pandemic on the green bonds. It also aims to provide a critical view of the working of green bonds globally. The study diagnosed various barriers like the legal and judicial system of a nation, macro-economic environment, political instability, new technology costs, greenwashing, green bond verification requirements, supply and demand of green bonds and financial attractiveness of green bonds. This study will form a great help to governments and policymakers in providing measures for improving and facilitating a transition to a greener world.

Suggested Citation

  • Ashima Verma & Rachna Agrawal, 2024. "Green bond market: a critical review," International Journal of Business and Globalisation, Inderscience Enterprises Ltd, vol. 38(4), pages 461-480.
    • Handle: RePEc:ids:ijbglo:v:38:y:2024:i:4:p:461-480
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