Unbundling of the green bond market in the economic hubs of Africa
Case study of Kenya, Nigeria and South Africa
Bibliographic Data
| ID | 21541048 |
|---|---|
| Authors | Nomhle Ngwenya (0000-0001-5809-5047, Department of Geography, Archaeology and Environmental Studies, University of Witwatersrand, Johannesburg, South Africa, corresponding author), Mulala Danny Simatele (0000-0002-2161-1586, Department of Geography, Archaeology and Environmental Studies, University of Witwatersrand, Johannesburg, South Africa) |
| Year | 2020 |
| Volume | 37 |
| Issue | 6 |
| Pages | 888-903 |
| Publication date | 2020-11-01 |
| Open Access | No |
| Type | ARTICLE |
| Venue | Development Southern Africa (JOURNAL) |
| Journal identifiers | ISSN: 0376-835X • E-ISSN: 1470-3637 |
| Publisher | Informa UK Limited (PUBLISHER • GB) |
| DOI | 10.1080/0376835x.2020.1725446 |
| OpenAlex | W3008431225 |
| Language | EN |
| Citations received | 7 |
| References cited | 41 |
Climate change is arguably one of the biggest challenges globally. In order for countries to meet the commitments of the Paris Agreement, climate investments need to be scaled up for adaptation and mitigation strategies. Green bonds are one of the most emerging climate finance mechanisms for large-scale climate projects and offer investment opportunities for many developing countries. Most developing countries are heavily reliant on climate funds which are insufficient. Hence, the urgent need to tap into emerging climate finances such as green bonds. Out of all the regions, Africa is expected to be the worst impacted by climate change and green bonds can contribute to the much needed climate finances. The growth of the green bond market has been observed in the economic hubs of the continent with countries such as Kenya, Nigeria and South Africa demonstrating huge potential in being active and contributing to the growth of the market. However, this paper recommends that for the green bond market to further expand in these countries and rest of the continent, there needs to be public–private partnerships fostered, integrated policies, political will as well as effective institutional frameworks
Bond · Bond market · Business · Climate change · Climate Finance · Developing country · Development economics · Economic growth · Economic policy · Economics · Emerging markets · Natural resource economics · Political science · Politics · Private sector · Unbundling · Climate Change Policy and Economics · Energy, Environment, Economic Growth · Sustainable Finance and Green Bonds · Ecology · Finance
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Climate Justice and Other News Frames in the Coverage of Climate Change in Kenya, Nigeria, and South Africa
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Green Bond as an Innovative Financial Instrument in the Indian Financial Market
Procurement, finance and the energy transition
The way to induce private participation in green finance and investment
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Qualitative Case Study Methodology
Adaptation action and research in glaciated mountain systems
Mapping states’ Paris climate pledges
Institutional Analysis in Climate Change Adaptation Research
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Global cities, cosmopolitanism, and geographies of tolerance
The Anthropocene
The gateway to Africa? Geography and South Africa's role as an economic hinge joint between Africa and the world
| Citations per year | 1.4 |
|---|---|
| Citation span | 2021 - 2026 (6) |
| Highly cited | No |