Next Season’s Green Bond Harvest : Innovations in Green Credit Markets
Capital markets have been a source of funding for green investments for a number of years, but until recently, financing was predominantly from equity. Private equity, venture capital, and government funding were the most accessible sources of capi...
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| Format: | Working Paper |
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International Finance Corporation, Washington, DC
2017
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| Online Access: | http://documents.worldbank.org/curated/en/159941486382042840/Next-season-s-green-bond-harvest-innovations-in-green-credit-markets http://hdl.handle.net/10986/26055 |
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okr-10986-260552021-04-23T14:04:33Z Next Season’s Green Bond Harvest : Innovations in Green Credit Markets Coston, Elizabeth Odaro, Esohe Denise Hartwick, Evelyn Jones, Jamie green bonds green finance social impact climate change Capital markets have been a source of funding for green investments for a number of years, but until recently, financing was predominantly from equity. Private equity, venture capital, and government funding were the most accessible sources of capital when green technologies such as solar and wind were in early stages of development. More recently, as these technologies have been tested, proven, and refined, funders have naturally progressed along the capital structure towards public equity and debt financing to support growth and scale. At the same time, leading financial institutions have provided impetus for expanded green investing. International Finance Corporation (IFC) and the Kellogg School of Management have collaborated to author this paper which attempts to cover the bounty of credit tools available for harvesting by issuers and sponsors, with the aim of attracting new investments to green industry. This paper is the first in a series to proffer avenues to enhance the financial environment towards addressing this gap. This paper presents a brief overview of efforts that can circumvent these barriers by introducing a mix of innovative products to attract different kinds of fixed income investors and draw more private capital into funding green technologies. 2017-02-13T23:03:01Z 2017-02-13T23:03:01Z 2014-06 Working Paper http://documents.worldbank.org/curated/en/159941486382042840/Next-season-s-green-bond-harvest-innovations-in-green-credit-markets http://hdl.handle.net/10986/26055 English en_US CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo International Finance Corporation International Finance Corporation, Washington, DC Publications & Research Publications & Research :: Working Paper |
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Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
green bonds green finance social impact climate change |
| spellingShingle |
green bonds green finance social impact climate change Coston, Elizabeth Odaro, Esohe Denise Hartwick, Evelyn Jones, Jamie Next Season’s Green Bond Harvest : Innovations in Green Credit Markets |
| description |
Capital markets have been a source of
funding for green investments for a number of years, but
until recently, financing was predominantly from equity.
Private equity, venture capital, and government funding were
the most accessible sources of capital when green
technologies such as solar and wind were in early stages of
development. More recently, as these technologies have been
tested, proven, and refined, funders have naturally
progressed along the capital structure towards public equity
and debt financing to support growth and scale. At the same
time, leading financial institutions have provided impetus
for expanded green investing. International Finance
Corporation (IFC) and the Kellogg School of Management have
collaborated to author this paper which attempts to cover
the bounty of credit tools available for harvesting by
issuers and sponsors, with the aim of attracting new
investments to green industry. This paper is the first in a
series to proffer avenues to enhance the financial
environment towards addressing this gap. This paper presents
a brief overview of efforts that can circumvent these
barriers by introducing a mix of innovative products to
attract different kinds of fixed income investors and draw
more private capital into funding green technologies. |
| format |
Working Paper |
| author |
Coston, Elizabeth Odaro, Esohe Denise Hartwick, Evelyn Jones, Jamie |
| author_facet |
Coston, Elizabeth Odaro, Esohe Denise Hartwick, Evelyn Jones, Jamie |
| author_sort |
Coston, Elizabeth |
| title |
Next Season’s Green Bond Harvest : Innovations in Green Credit Markets |
| title_short |
Next Season’s Green Bond Harvest : Innovations in Green Credit Markets |
| title_full |
Next Season’s Green Bond Harvest : Innovations in Green Credit Markets |
| title_fullStr |
Next Season’s Green Bond Harvest : Innovations in Green Credit Markets |
| title_full_unstemmed |
Next Season’s Green Bond Harvest : Innovations in Green Credit Markets |
| title_sort |
next season’s green bond harvest : innovations in green credit markets |
| publisher |
International Finance Corporation, Washington, DC |
| publishDate |
2017 |
| url |
http://documents.worldbank.org/curated/en/159941486382042840/Next-season-s-green-bond-harvest-innovations-in-green-credit-markets http://hdl.handle.net/10986/26055 |
| _version_ |
1764460830733107200 |