2022
DOI: 10.21511/imfi.19(1).2022.07
|View full text |Cite
|
Sign up to set email alerts
|

Green bonds of supranational financial institutions: On the road to sustainable development

Abstract: The move to sustainable development and building a carbon-low economy needs funding. In this regard, a new direction in finance – green (sustainable) finance – has emerged. One of the green finance instruments is green bonds, first issued by supranational financial institutions. This paper aims to identify the features of green bond issues and implemented green projects by the World Bank (the WB) and the European Bank for Reconstruction and Development (the EBRD). Data were obtained from databases and reports … Show more

Help me understand this report

Search citation statements

Order By: Relevance

Paper Sections

Select...
2
2
1

Citation Types

1
15
0
1

Year Published

2022
2022
2024
2024

Publication Types

Select...
10

Relationship

0
10

Authors

Journals

citations
Cited by 32 publications
(17 citation statements)
references
References 14 publications
1
15
0
1
Order By: Relevance
“…According to Moon and Hasan (2022), generally vulnerable states (e.g., Bangladesh) suffer the consequences of the pandemic situation the most, thereby hindering or even stopping the green market expansion. This phenomenon was also observed by other authors as a general trend, complemented by increased volatility in green financing and stock prices while making the recovery from this situation a long-term process with the possibility of the appearance of unforeseeable collateral consequences (Ferreira & Morais, 2022;Tan et al, 2022;Versal & Sholoiko, 2022). These unexpected crises resulted in lower consumption, which affected supply chains and demand (Donthu & Gustafsson, 2020;Kostenko et al, 2022).…”
Section: Literature Reviewsupporting
confidence: 71%
“…According to Moon and Hasan (2022), generally vulnerable states (e.g., Bangladesh) suffer the consequences of the pandemic situation the most, thereby hindering or even stopping the green market expansion. This phenomenon was also observed by other authors as a general trend, complemented by increased volatility in green financing and stock prices while making the recovery from this situation a long-term process with the possibility of the appearance of unforeseeable collateral consequences (Ferreira & Morais, 2022;Tan et al, 2022;Versal & Sholoiko, 2022). These unexpected crises resulted in lower consumption, which affected supply chains and demand (Donthu & Gustafsson, 2020;Kostenko et al, 2022).…”
Section: Literature Reviewsupporting
confidence: 71%
“…It also requires policy implementations at a country level in terms of ease of the GB issuance, and its investment process to increase the efficiency of existing and future GB in the country. In addition, proper funding arrangements from various international financial institutions through GB issuance in the country as in the case of Versal & Sholoiko (2022) who showed a great contribution in terms of funding facilities by supranational for a country like Turkey to achieve sustainable development, must be made available.…”
Section: Discussionmentioning
confidence: 99%
“…However, the current pace of energy efficiency improvement is not enough to overcome the other factors that increase energy consumption. At the same time, the need for significant financing on the way to a green economy as part of sustainable development remains undeniable (Versal & Sholoiko, 2022).…”
Section: Discussionmentioning
confidence: 99%