Sustainable Finance: Evaluating Green Bonds in Developing Economies

Abstract

Green bonds are now considered a very instrumental type of financing for projects that support sustainability. This study focuses on assessing the efficacy of green bonds in adherent economies through their issuance patterns, impacts of projects, and investment barriers. An analysis of the environment and development is based on Financial Performance Indicators combined with Environmental Performance Indicators and secondary data analysis employing a comparative framework. The results show that, green bonds advance eco-investment and foster investor confidence but challenges like regulatory uncertainty and shallow markets dominate. This analysis is important for sustainable finance strategists that seek to stimulate growth and enhance climate resilience.