Green Bonds As A Tool Against Climate Change?
Using matched bond-issuer data, we examine if green bonds reduce total and direct emissions. Compared to conventional bonds, green issuers show lower carbon intensity post-issuance, especially without refinancing, indicating increased climate-friendly activities, reinforced by external review and post-Paris Agreement issues.
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Mastering Sustainable Finance: ESG, Investments, & Corporate Strategy
Mastering Sustainable Finance: ESG, Investments, & Corporate Strategy
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