Capital Market Mechanisms for Climate Change Mitigation: The Role of Green Bonds, Carbon Credits, and Sustainable ETFS
摘要
Sustainable finance provides robust alternatives for funding climate change mitigation projects. These include investments in green and eco-friendly enterprises. The objective of this research is to establish the contribution of some selected key capital market instruments which include green bonds, carbon credits, and sustainable ETFs towards the fight against climate change. The study also aims at identifying the moderating variables concerning management, legal enablers, and research standards on the allocation and efficiency of investments with the view of achieving the stretch goals towards influencing climate change. The findings demonstrate that it is one of the effective means for the funding towards more sustainable projects including carbon reduction and renewable energy, green bonds, carbon credits, sustainable ETFs help combat climate change.