Keywords
blue bonds
sustainable development
climate finance
SDG targets
multidimensional scaling analysis
How to Cite
Abstract
The aim of this article paper is to try to establish whether or not there is a relationship between the issuance of green bonds and the achievement of selected SDG goals. Achieving such a goal required: (1). Defining green bonds - presenting the problem of recognition classification against the backdrop of legal regulations, (2). Determine the scale of green bond issuance and funding directions (3). Assess the impact of green bond issuance on the achievement of selected Sustainable Development Goals (SDGs). In particular, Pearson correlation coefficients, multidimensional scaling and linear ordering results for metric data were used. In the first step, multidimensional scaling is used to visualise objects in two-dimensional space. The study confirmed the link between the SDG goals – goal 7 (7.2.1.) related to energy and the green bond market. It also showed that market size matters for achieving the SDG goals.
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