THE SOCIO-ECONOMIC DETERMINANTS OF GREEN BOND ISSUANCE
نویسندگان
چکیده
Global awareness of the climate change risks draws society’s attention to issues financing environmentally friendly projects. In this context, green bonds are a new financial instrument used exclusively for A wide range issuers, from small firms international corporations, can use raise funds recent years, market has been developing rapidly in world. Financing recovery Ukraine after Russian invasion and European integration requires launching as well. This will increase scope infrastructure projects field alternative energy efficiency, reduce greenhouse gas emissions consumption fuel resources, improve Ukraine’s investment attractiveness competitiveness. The bond operates under influence numerous factors that have both direct indirect effects on it. article examines relationship between volume issuance world 2021, when its jump-like growth took place, characterize environmental, social, governance macroeconomic spheres сountry. research was conducted dataset socio-economic indicators 54 countries. Correlation regression analysis determine cause-and-effect variables, well variables greatest impact issuance. obtained results study indicate countries with higher primarily characterized by good credit ratings, which increases investor confidence, better economic development large population. Understanding determinants help participants make informed decisions. be applied process forming implementing state policy achieve Sustainable Development Goals.
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ژورنال
عنوان ژورنال: ?????? ????????? ?????????? ????????????
سال: 2022
ISSN: ['1817-9215', '1817-9290']
DOI: https://doi.org/10.21272/1817-9215.2022.4-07