Abstract
This chapter traces the emergence of green bonds as a concept and reviews the academic literature dealing with this financial innovation. It clusters the literature into marketeers, reformists, and critics of this nascent instrument and draws out their contributions towards our understanding of green bonds. In a second step, this chapter identifies some of the gaps in the literature that this book seeks to fill.
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Notes
- 1.
The International Council for Local Environmental Initiatives (ICLEI) is an NGO headquartered in Oakland (USA) that organizes a network of more than 2500 local and regional governments committed towards sustainable urban development (ICLEI, 2022). C40 Cities Climate Leadership Group is a network of 97 cities committed to tackling the climate crisis (C40, 2022).
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Neumann, M. (2023). What Do We Already Know About Green Bonds? A Literature Review. In: The Political Economy of Green Bonds in Emerging Markets. International Political Economy Series. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-031-30502-3_2
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