دورية أكاديمية
Green bonds and carbon emissions: The European Union case
| العنوان: | Green bonds and carbon emissions: The European Union case |
|---|---|
| المؤلفون: | Bestvina Bukvić, Ivana, Pekanov, Dubravka, Crnković, Boris |
| المصدر: | Ekonomski vjesnik : Review of Contemporary Entrepreneurship, Business, and Economic Issues ; ISSN 0353-359X (Print) ; ISSN 1847-2206 (Online) ; Volume 36 ; Issue 1 |
| بيانات النشر: | J.J.Strossmayer University of Osijek, Faculty of Economics in Osijek |
| سنة النشر: | 2023 |
| المجموعة: | Hrčak - Portal of scientific journals of Croatia / Portal znanstvenih časopisa Republike Hrvatske |
| مصطلحات موضوعية: | low-carbon economy, CO2 emissions, green bonds, green financing, greenwashing |
| الوصف: | Purpose: The growing popularity of green bonds has sparked an ongoing debate about their real impact on the environment. The idea behind green bonds is that they provide environmental benefits, such as a reduction in carbon emissions, by financing environmentally friendly projects. The aim of this paper is to examine the relationship between green bond issuance and CO2 emissions in the EU-27 from 2013 to 2017 to determine the validity of this theory. Methodology: Data on green Eurobonds issued in the EU-27 and CO2 emissions in the EU-27 were collected from 2013 to 2017 using the Refinitiv Eikon database. Descriptive statistics and linear correlation were used to investigate the association between green Eurobonds issued and CO2 emissions per capita in the EU-27. Results: The study found that while green bond issuance increased dramatically, from EUR 5 billion in 2013 to EUR 75 billion in 2017, there was only a small decrease in total and per capita CO2 emissions of 3.7% and 4.6%, respectively. Moreover, no significant relationship was found between them. Conclusions: The results suggest that while an increase in green bond issuance indicates a trend toward more sustainable investments, it does not necessarily lead to a proportional decrease in CO2 emissions. Therefore, further research is needed to better understand the association between green bond issuance and carbon emissions and to identify the underlying factors that may influence this relationship. |
| نوع الوثيقة: | article in journal/newspaper |
| وصف الملف: | application/pdf |
| اللغة: | English |
| العلاقة: | https://hrcak.srce.hr/305058Test |
| الإتاحة: | https://doi.org/10.51680/ev.36.1.9Test https://hrcak.srce.hr/305058Test https://hrcak.srce.hr/file/439848Test |
| حقوق: | info:eu-repo/semantics/openAccess ; EKONOMSKI VJESNIK / ECONVIEWS Review of contemporary business, entrepreneurship and economic issues requires the users to provide attribution to the place of original publication, prohibits commercial use of the work, and permits reuse of the work provided it has not been modified. Complete legal background of license is available at: http://creativecommons.org/licenses/by-nc-nd/4.0/legalcodeTest Authors of papers for publishing in the journal agree under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License. |
| رقم الانضمام: | edsbas.4945242D |
| قاعدة البيانات: | BASE |
| الوصف غير متاح. |