A Market Analysis of Potential Investment in Green Bonds and it’s Contribution to Sustainable Development

Keywords: Green bonds, Sustainable development, socially responsible investments, world bank, Indian investors

Abstract

Since 1880, there has been an average annual increase in the ambient temperature of about 0.8° Celsius, which is what causes global warming. As a result of continued climate change, ocean water has become more acidic, and rising carbon levels have encouraged the development of green bonds. These bonds designed to benefit the environment. As people's understanding of sustainable development has expanded. The amount of money received through the selling of Programs that support the use of renewable energy sources, the growth of agriculture, fisheries, and poultry, as well as clean transportation, afforestation, the preservation of biodiversity, moderate fossil fuel consumption, and the slowed rate of global warming are funded with the help of green bonds. Studies show that some investors look for green bonds that give a fixed income as well as environmental protection and decision-making that takes into account positive societal effects or environmental benefits. The economy must embrace and promote the growing trend of green bonds. The principal of green bonds is paid out regularly to investors, and interest is paid when the bond matures. Bonds issued by corporations’ bear dividends. The World Bank's support for green bonds, the impact Indian green bonds have on Indian investors, and other topics are covered in this essay. An analysis of SBI's 2019 "green bonds" is provided in this essay. This essay makes an effort to give a comprehensive overview of the benefits and potential of green investments in order to assist sustainable development. There is a brief list of projects that were started using green bonds. This study includes a number of illustrations to support the global and Indian green bond issues. The issuance volumes for 2021, 2020, and 2019 are shown on this page. It has been suggested how the money raised by green bonds in 2021, 2020, and 2019 will be used for various purposes

References

Baker, M. P., Bergstresser, D. B., Serafeim, G., & Wurgler, J. A. (2018). Financing the Response to Climate Change: The Pricing and Ownership of U.S. Green Bonds. SSRN Electronic Journal. https://doi.org/10.2139/ssrn.3275327

Bhardwaj, M., Kapila, R., Neha, A., Jain, R., Mittal, P., & Suri, M. (2022). Awareness, Perceived Risk, and Protective Behavior Towards Covid-19 Among Undergraduate Students of Delhi and NCR, India. International Journal Of Pharmaceutical Research And Allied Sciences, 11(3), 71–80. https://doi.org/10.51847/2kbrlhumkg

Flammer, C. (2019). Corporate Green Bonds. Academy of Management Proceedings, 2019(1), 15250. https://doi.org/10.5465/AMBPP.2019.15250abstract

Gautam, S., & Mittal, P. (2022a). Comprehensive Analysis of Privacy Preserving Data Mining Algorithms for Future Develop Trends. International Research Journal of Computer Science, 9(10), 367–374. https://doi.org/10.26562/irjcs.2022.v0910.01

Gautam, S., & Mittal, P. (2022b). Systematic Analysis of Predictive Modeling Methods in Stock Markets. International Research Journal of Computer Science, 9(11), 377–385. https://doi.org/10.26562/irjcs.2022.v0911.01

Gupta, A., Mittal, P., Gupta, P. K., & Bansal, S. (2022). Implication of Privacy Laws and Importance of ICTs to Government Vision of the Future (pp. 383–391). https://doi.org/10.1007/978-981-16-3071-2_32

Jafar, A., Dollah, R., Dambul, R., Mittal, P., Ahmad, S. A., Sakke, N., … Wahab, A. A. (2022). Virtual Learning during COVID-19: Exploring Challenges and Identifying Highly Vulnerable Groups Based on Location. International Journal of Environmental Research and Public Health, 19(17), 11108. https://doi.org/10.3390/ijerph191711108

Kuchin, I., Baranovsky, G., Dranev, Y., & Chulok, A. (2019). Does Green Bonds Placement Create Value For Firms? SSRN Electronic Journal. https://doi.org/10.2139/ssrn.3477918

Moid, S. (2017). The Challenge of Reforming Indian Tax System for Enabling Make in India. FIIB Business Review, 6(3), 12–17. https://doi.org/10.1177/2455265820170302

Okręglicka, M., Mittal, P., & Navickas, V. (2023). Exploring the Mechanisms Linking Perceived Organizational Support, Autonomy, Risk Taking, Competitive Aggressiveness and Corporate Sustainability: The Mediating Role of Innovativeness. Sustainability, 15(7), 5648. https://doi.org/10.3390/su15075648

Park, S. K. (2019). Green Bonds and Beyond. In The Cambridge Handbook of Corporate Law, Corporate Governance and Sustainability (pp. 596–610). Cambridge University Press. https://doi.org/10.1017/9781108658386.049

Tan, X., Dong, H., Liu, Y., Su, X., & Li, Z. (2022). Green bonds and corporate performance: A potential way to achieve green recovery. Renewable Energy, 200, 59–68. https://doi.org/10.1016/j.renene.2022.09.109

Tiwari, S., Agarwal, P., & Singh, R. (2022). Assessment of Association between Financial Fraud Cases in reference to Transaction Volume & E-Auditing. Pacific Business Review International, 14(11), 37–44.

Tiwari, S., Dharwal, M., & Fulzele, R. (2022). An impact of environment on consumer loyalty towards sustainable businesses in India. Materials Today: Proceedings, 60, 911–916. https://doi.org/10.1016/j.matpr.2021.10.249

Verma, C. P., Bansal, R., & Mittal, P. (2020). Control of COVID-19: A Counter Factual Analysis. Administrative Development, Journal of HIPA, Shimla, 7(1), 1–24.

Verma, R. K., & Bansal, R. (2023). Stock Market Reaction on Green-Bond Issue: Evidence from Indian Green-Bond Issuers. Vision: The Journal of Business Perspective, 27(2), 264–272. https://doi.org/10.1177/09722629211022523

Zhou, & Cui. (2019). Green Bonds, Corporate Performance, and Corporate Social Responsibility. Sustainability, 11(23), 6881. https://doi.org/10.3390/su11236881

Published
2023-03-28
How to Cite
Tiwari, S. (2023). A Market Analysis of Potential Investment in Green Bonds and it’s Contribution to Sustainable Development. Journal of Business Management and Information Systems, 10(1), 16-19. https://doi.org/10.48001/jbmis.2023.1001004
Section
Articles