European Journal of Service Management

Wcześniej: Zeszyty Naukowe Uniwersytetu Szczecińskiego. Service Management

ISSN: 2450-8535     eISSN: 2451-2729     DOI: 10.18276/ejsm.2018.27/2-40
CC BY-SA   Open Access 

Lista wydań / Vol. 27/2, 3/2018
Diversification of the global green bond market

Rok wydania:2018
Liczba stron:7 (331-337)
Klasyfikacja JEL: E44 F34 G15 G23
Słowa kluczowe: bonds green bond market green finance financial markets sustainable development pro-ecological investments
Cited-by (Crossref) ?:
Autorzy: Maciej Pawłowski
University of Szczecin, Faculty of Management and Economics of Services


Green Bonds emerged as a new form of environmental financing in 2007. While the green bond market is viewed as a niche in the global financial market, it has grown rapidly to nearly USD 900 billion in 2017. The aim of the article is to analyze and assess changes taking place in the structure of the global green bond market with particular emphasis on the diversification of issuers undertaking activity in this market area. The first part of the paper summarizes the general theory of green bonds. It also includes an exemplification of different types of green bonds and shows conditions which should be satisfied to call a bond the green bond. Afterward, the growth and diversification of the green bond market are shown and analyzed, what makes a field to draw some conclusions.
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