IDEAS home Printed from https://ideas.repec.org/a/taf/deveza/v29y2012i2p337-349.html
   My bibliography  Save this article

Financing climate-friendly energy development through bonds

Author

Listed:
  • John A Mathews
  • Sean Kidney

Abstract

In this paper we review the various instruments that have been proposed and implemented for financing renewable energy and low-carbon technology projects, in both the developed and developing world, with a focus on private sector involvement. We consider their common features and compare their total impact so far with the scale of renewable energy funding likely to be needed over the next several decades, as estimated by such bodies as the International Energy Agency, which puts the amount at one trillion US dollars per year. An increase of this magnitude in the required financing provides opportunities for developing new financing instruments, based on what has been accomplished so far, and for regional development banks to be involved in the process, subject to sound risk management principles.

Suggested Citation

  • John A Mathews & Sean Kidney, 2012. "Financing climate-friendly energy development through bonds," Development Southern Africa, Taylor & Francis Journals, vol. 29(2), pages 337-349, June.
  • Handle: RePEc:taf:deveza:v:29:y:2012:i:2:p:337-349
    DOI: 10.1080/0376835X.2012.675702
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/0376835X.2012.675702
    Download Restriction: Access to full text is restricted to subscribers.

    File URL: https://libkey.io/10.1080/0376835X.2012.675702?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Juan Camilo Mejía-Escobar & Juan David González-Ruiz & Giovanni Franco-Sepúlveda, 2021. "Current State and Development of Green Bonds Market in the Latin America and the Caribbean," Sustainability, MDPI, vol. 13(19), pages 1-25, September.
    2. Xiaoguang Zhou & Yadi Cui, 2019. "Green Bonds, Corporate Performance, and Corporate Social Responsibility," Sustainability, MDPI, vol. 11(23), pages 1-27, December.
    3. Pang, Lidong & Zhu, Meng Nan & Yu, Haiyan, 2022. "Is green finance really a blessing for green technology and carbon efficiency?," Energy Economics, Elsevier, vol. 114(C).
    4. Suborna Barua & Micol Chiesa, 2019. "Sustainable financing practices through green bonds: What affects the funding size?," Business Strategy and the Environment, Wiley Blackwell, vol. 28(6), pages 1131-1147, September.
    5. Mathews, John A. & Hu, Mei-Chih & Wu, Ching-Yan, 2015. "Are the land and other resources required for total substitution of fossil fuel power systems impossibly large? Evidence from concentrating solar power and China," Renewable and Sustainable Energy Reviews, Elsevier, vol. 46(C), pages 275-281.
    6. Andra-Nicoleta Mecu & Florentina Chițu & Gheorghe Hurduzeu, 2021. "The Potential of Green Bond Markets as Drivers of Change," Romanian Economic Journal, Department of International Business and Economics from the Academy of Economic Studies Bucharest, vol. 24(82), pages 67-79, December,.
    7. Cashore, Benjamin & Nathan, Iben, 2020. "Can finance and market driven (FMD) interventions make “weak states” stronger? Lessons from the good governance norm complex in Cambodia," Ecological Economics, Elsevier, vol. 177(C).
    8. Keun Lee and John Mathews, 2013. "Science, technology and innovation for sustainable development," CDP Background Papers 016, United Nations, Department of Economics and Social Affairs.
    9. Cao, Xiao & Jin, Cheng & Ma, Wenjie, 2021. "Motivation of Chinese commercial banks to issue green bonds: Financing costs or regulatory arbitrage?," China Economic Review, Elsevier, vol. 66(C).
    10. Gao, Yang & Li, Yangyang & Wang, Yaojun, 2021. "Risk spillover and network connectedness analysis of China’s green bond and financial markets: Evidence from financial events of 2015–2020," The North American Journal of Economics and Finance, Elsevier, vol. 57(C).
    11. Bhutta, Umair Saeed & Tariq, Adeel & Farrukh, Muhammad & Raza, Ali & Iqbal, Muhammad Khalid, 2022. "Green bonds for sustainable development: Review of literature on development and impact of green bonds," Technological Forecasting and Social Change, Elsevier, vol. 175(C).

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:deveza:v:29:y:2012:i:2:p:337-349. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/CDSA20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.