02017cas a2200313 a 4500 AALejournalIMF022357 230101c9999 xx r poo 0 0eng d 5.00 USD 9781513592992 1018-5941 BD-DhAAL BD-DhAAL Schmittmann, Jochen. How Green are Green Debt Issuers? / Jochen Schmittmann, Han Teng Chua. Washington, D.C. : International Monetary Fund, 2021. 1 online resource (30 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Green debt markets are rapidly growing while product design and standards are evolving. Many policymakers and investors view green debt as an important component in the policy mix to achieve the transition to a low carbon economy and ensure the pricing of climate risks. Our analysis contributes to the nascent literature on the environmental impact of green debt by documenting the CO2 emission intensity of corporate green debt issuers. We find lower emission intensities for green bond issuers relative to other firms, but no difference for green loan and sustainability-linked loan borrowers. Green bond, green loan, and sustainability-linked loan borrowers lower their emission intensity over time at a faster rate than other firms. Mode of access: Internet Capital and Ownership Structure imf Financial Risk and Risk Management imf Financing Policy imf Goodwill imf Value of Firms imf Chua, Han Teng. IMF Working Papers; Working Paper ; No. 2021/194 Full text available on IMF http://elibrary.imf.org/view/journals/001/2021/194/001.2021.issue-194-en.xml IMF e-Library