Green Bonds:Country Experiences,Challenges and Opportunities

Abstract

The financial crisis of 2008turned out to be amajor event forregulating and practicingof capital market participants andchanged behavior of financial players. Individual and InstitutionalInvestors are currently more hesitant about funds allocation.This studydiscusses the green project bonds as an alternative
way of financing along with discussingthe scope and challengesof the same on a global level.Green Bondscan be measuredas asset-backed options tied to specific green infrastructureprojects but till date have most commonly been issued inform of “use-of-proceeds” bonds for raising capital to be allocatedacross a portfolio of green projects.