{"id":57055,"date":"2021-10-21T11:29:54","date_gmt":"2021-10-21T10:29:54","guid":{"rendered":"https:\/\/www.lse.ac.uk\/granthaminstitute\/?post_type=publication&p=57055"},"modified":"2023-07-07T03:46:26","modified_gmt":"2023-07-07T02:46:26","slug":"the-green-bond-how-eu-sovereign-and-corporate-issuers-could-deliver-green-sovereign-bonds-with-social-co-benefits","status":"publish","type":"publication","link":"https:\/\/www.lse.ac.uk\/granthaminstitute\/publication\/the-green-bond-how-eu-sovereign-and-corporate-issuers-could-deliver-green-sovereign-bonds-with-social-co-benefits\/","title":{"rendered":"The Green+ Bond: How EU Sovereign and Corporate Issuers could deliver Green Sovereign Bonds with Social Co-Benefits"},"content":{"rendered":"\n

This paper, co-authored with the Impact Investing Institute, emphasises the strategic potential for a green sovereign bond with well-defined social and economic benefits to support the European Commission’s new Strategy<\/path><\/svg><\/a> for “financing the transition to a sustainable economy.”<\/p>\n\n\n\n

Building on the record demand for the EU’s inaugural green bond, connecting green financing with positive social co-benefits would enlist the global capital markets to support urgent public and private green projects to achieve net-zero targets and provide economic stimulus while supporting a just and inclusive transition.<\/p>\n\n\n\n

This paper provides an overview of the EU’s new Strategy and the green and sustainable bond market, before outlining how the Green+ Bond could finance activities which make a substantial contribution to Climate Change Mitigation and Adaptation objectives under the EU Taxonomy Regulation while also fulfilling “do no significant harm” criteria and meeting minimum safeguards. It further explains how the Green+ Bond can generate jobs and social renewal, as well as the proven cost-effectiveness and investor diversification provided by green bonds.<\/p>\n\n\n\n

In summary, a Green+ Bond would:<\/p>\n\n\n\n