Abstract
Sustainable debt instruments play an increasingly important role in scaling up financing of private investment for the low carbon transition and the other ambitious environmental and social goals set at the EU and global level. After an overview of the literature on this new asset class, the paper highlights that reporting on the use of proceeds is considered a crucial element for the success of green bond markets, as it provides investors with an unprecedented degree of transparency.
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Copyright (c) 2022 Serena Fatica, Roberto Panzica