The green bond market assists in directing financial resources toward environmentally friendly investments. While conventional bonds are similar to green bonds, the latter were created particularly to raise funds for financing environmental projects. The distinctive quality of green bonds is their geranium, or lower yield as compared to "conventional" bonds with comparable risks. The paper's importance is supported by the conflicting data surrounding the presence of "geranium," particularly in the corporate green bond markets; there has been little research on the subject and a limited focus on the global, US, or Chinese green bond markets. Instead, there is little research done on the green market for European debt. This study's goal is to analyse the development of geranium and its major factors in the European corporate debt capital markets.
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Journal of Global Economics received 1931 citations as per Google Scholar report
