TAPAN SARKER |

Green bonds (GBs) are being used around the world as a financial tool for raising capital for projects that can benefit the environment. The money raised by GB issuances can fund investment in programs that enhance adaptation and mitigate the effects of climate change, such as projects for clean energy, public transport, and clean water. The GB concept was proposed by the World Bank in its Strategic Framework on Development and Climate Change in 2008 to help countries around the world raise capital for strategies for solving the problems of air pollution and global climate change. What separates GBs from other common bonds is that the purpose of GB mobilization is to fund special environment-related projects. Because of the advantages of GBs, Viet Nam is trying to develop its GB market.

Please click here to read the full “Revisiting green bond market development in Viet Nam” article published at Asia Pathways, written by Griffith Asia Institute member, Associate Professor Tapan Sarker and co-authors, Chuc Anh Tu and Ehsan Rasoulinezhad.