GREEN BONDS: A KEY TOWARDS GREEN TRANSITION FOR EMERGING MARKETS OF BRICS NATIONS
DOI:
#10.25215/1304617017.02Abstract
This study examines the situation of green bonds in the world's biggest rising economies BRICS. The researchers have adapted the case study methodology on BRICS nations to understand green bonds as important instrument to meet the climate finance needs as group of nations as well as individual economies. Emerging economies are transitioning economies in to developed nation through adaption of projects which are rapidly contributing to climate change. The authors found that all the countries namely Brazil, Russia, India, china and South Africa have adapted the issuance of green bonds as means to support green projects and also follow Green Bond Principles issued by ICMA. China is the first mover among BRICS nations and also have emerged as global leader in green bond issuance. India being one of the lateral entrant has shown good potential compared to other member countries namely Brazil, South Africa and Russia. BRICS as an association has ventured in green bond issuance in 2016.Metrics
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Published
2024-01-15
How to Cite
Dr. Shweta Bambuwala. (2024). GREEN BONDS: A KEY TOWARDS GREEN TRANSITION FOR EMERGING MARKETS OF BRICS NATIONS. Redshine Archive, 3(3). https://doi.org/10.25215/1304617017.02
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