{"product_id":"the-role-of-green-bonds-in-finance-towards-a-sustainable-future-9783032148391","title":"The Role of Green Bonds in Finance: Towards a Sustainable Future","description":"\u003cp\u003e • Author(s): Antonella Francesca Cicchiello | Salvatore Perdichizzi\u003cbr\u003e • Publisher: Springer\u003cbr\u003e • Publisher Imprint: Springer\u003cbr\u003e • BISAC: Corporate Finance - General\u003c\/p\u003e\u003cp\u003e\u003cspan\u003eGreen bonds have evolved from niche to systemically relevant instruments for reallocating capital toward a low-carbon, circular economy. This book offers a rigorous, accessible guide to green finance--using Europe as the main laboratory--and maps the landscape of labelled instruments while addressing risks such as greenwashing and data fragmentation. It traces the regulatory architecture--from the EU Taxonomy to the European Green Bond framework and supervisory standards--showing how credible definitions, disclosure, and verification underpin market integrity. The book also clarifies how green bonds differ from conventional debt through use-of-proceeds discipline, ex-ante\/post-issuance reporting, and independent external review. Its empirical core examines primary-market issuance yields (the greenium): once controlling for rating, sector, size, and timing, the average greenium is not statistically different from zero; any discount is concentrated in the market's early expansion and appears tied to scarcity and disclosure credibility rather than the label per se. Finally, the book provides a forward agenda on taxonomy alignment, decision-useful MRV\/assurance, and the role of AI in impact measurement and risk management. The volume serves scholars, students, regulators, and practitioners financing environmentally sustainable projects.\u003c\/span\u003e\u003c\/p\u003e","brand":"Springer","offers":[{"title":"Paperback","offer_id":47854050640023,"sku":"9783032148391","price":3202.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0666\/3471\/1191\/files\/9783032148391.webp?v=1780038499","url":"https:\/\/atlanticbooks.com\/products\/the-role-of-green-bonds-in-finance-towards-a-sustainable-future-9783032148391","provider":"Atlantic Books","version":"1.0","type":"link"}