How Green are Green Debt Issuers? /

How Green are Green Debt Issuers? /

Green debt markets are rapidly growing while product design and standards are evolving. Many policymakers and investors view green debt as an important component in the policy mix to achieve the transition to a low carbon economy and ensure the pricing of climate risks. Our analysis contributes to t...

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Bibliografiske detaljer
Hovedforfatter: Schmittmann, Jochen
Andre forfattere: Chua, Han Teng
Format: Tidsskrift
Sprog:English
Udgivet: Washington, D.C. : International Monetary Fund, 2021.
Serier:IMF Working Papers; Working Paper ; No. 2021/194
Fag:
Capital and Ownership Structure
Financial Risk and Risk Management
Financing Policy
Goodwill
Value of Firms
Online adgang:Full text available on IMF
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020 |z 9781513592992 
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100 1 |a Schmittmann, Jochen. 
245 1 0 |a How Green are Green Debt Issuers? /  |c Jochen Schmittmann, Han Teng Chua. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2021. 
300 |a 1 online resource (30 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a Green debt markets are rapidly growing while product design and standards are evolving. Many policymakers and investors view green debt as an important component in the policy mix to achieve the transition to a low carbon economy and ensure the pricing of climate risks. Our analysis contributes to the nascent literature on the environmental impact of green debt by documenting the CO2 emission intensity of corporate green debt issuers. We find lower emission intensities for green bond issuers relative to other firms, but no difference for green loan and sustainability-linked loan borrowers. Green bond, green loan, and sustainability-linked loan borrowers lower their emission intensity over time at a faster rate than other firms. 
538 |a Mode of access: Internet 
650 7 |a Capital and Ownership Structure  |2 imf 
650 7 |a Financial Risk and Risk Management  |2 imf 
650 7 |a Financing Policy  |2 imf 
650 7 |a Goodwill  |2 imf 
650 7 |a Value of Firms  |2 imf 
700 1 |a Chua, Han Teng. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2021/194 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2021/194/001.2021.issue-194-en.xml  |z IMF e-Library 

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