Green Bonds Soar in EU as Environmental Factors Drive Investment
Green bonds are a type of financial tool used to fund environmentally friendly projects. A study looked at what factors influence the amount of green bonds issued in European Union countries from 2014 to 2019. They found that factors like ratings, ESG index, fiscal balance, inflation rate, and population size all play a significant role in determining the volume of green bonds issued. These findings give us important insights into how the green bond market is developing.