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Research paper thumbnail of GREEN BONDS TO MITIGATE CLIMATE CHANGE

IJARW, 2021

Weather conditions are changing dramatically as a result of climate change. Climate change needs ... more Weather conditions are changing dramatically as a result of climate change. Climate change needs to be dealt with urgently. Global carbon emissions and greenhouse gas emissions are largely produced by energy production and consumption. It would be more effective to counteract the environmental effects of emissions through the use of renewable energy and other low-carbon electricity sources. All countries need strong political will. Climate change also requires the involvement of financial institutions and big corporations. We will investigate the inceptions, consequences of climate change, and methods to mitigate them; we will analyze the ways to utilize clean technologies like solar, wind, etc. with a comparative study of developing versus developed countries. By reducing carbon emission in rich countries and funding clean transitions in poor countries, taxes with carbon emission control may well redistribute resources among these countries. For energy efficiency and renewable energy, the budget allocated by the government and capital from banks is limited, so Green Bonds have a lot of potentials.

Research paper thumbnail of GREEN BONDS TO MITIGATE CLIMATE CHANGE

IJARW, 2021

Weather conditions are changing dramatically as a result of climate change. Climate change needs ... more Weather conditions are changing dramatically as a result of climate change. Climate change needs to be dealt with urgently. Global carbon emissions and greenhouse gas emissions are largely produced by energy production and consumption. It would be more effective to counteract the environmental effects of emissions through the use of renewable energy and other low-carbon electricity sources. All countries need strong political will. Climate change also requires the involvement of financial institutions and big corporations. We will investigate the inceptions, consequences of climate change, and methods to mitigate them; we will analyze the ways to utilize clean technologies like solar, wind, etc. with a comparative study of developing versus developed countries. By reducing carbon emission in rich countries and funding clean transitions in poor countries, taxes with carbon emission control may well redistribute resources among these countries. For energy efficiency and renewable energy, the budget allocated by the government and capital from banks is limited, so Green Bonds have a lot of potentials.

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