Green bond finance and certification

Todo lo que necesitas saber sobre los Bonos Verdes.
  • 16 Octubre 2017

Por Torsten Ehlers and Frank Packer.

BIS Quarterly Review, September 2017.

Abstract:

Financing of investments through green bonds has grown rapidly in recent years. But definitions of what makes a bond “green” vary. Various certification mechanisms have evolved to allow more granularity as well as continuity in assessment. Green bonds have been priced at issuance at a premium on average relative to conventional bonds, but their performance in the secondary market over time has been similar. A relatively large share of green bonds are in sectors subject to environmentally related credit risks. More consistent green bond standards across jurisdictions could help to further develop the market.