So what is a green bond? I mean, there’s a little bit of debate; what is this all about? Is this really a serious financial innovation?
And you can see how this market is exploding. These are the latest available numbers. And here’s a breakdown – a geographical breakdown. And what’s striking is the sharp rise in green bond issues in Asia, and I think most of that is China and India.
About the researcher
Patrick Bolton is the David Zalaznick Professor of Business. He joined Columbia Business School in July 2005. He received his PhD from the London School...Read more.