This paper explores the relationship between green bond markets and both green and conventional financial markets, while also evaluating their effectiveness as a climate finance instrument. Using the Thick Pen Measure of Association - a visually interpretable tool for analysing co-movement...

Trying to meet unlimited human needs with limited resources causes production activities to deplete or pollute natural resources. Ensuring the sustainability of natural resources and the environment is essential to leaving a livable world for future generations. The concept of sustainable...