A New Financial Tool for Renewable Energy Investments: Green Bonds


MALIYE DERGISI, no.172, pp.85-110, 2017 (Journal Indexed in ESCI) identifier

  • Publication Type: Article / Article
  • Volume: Issue: 172
  • Publication Date: 2017
  • Title of Journal : MALIYE DERGISI
  • Page Numbers: pp.85-110


Several countries have raised the share of renewable energy to meet the increasing demand for energy and to mitigate the negative consequences of fossil fuels. Although renewable energy introduces a number of advantages, its share in total energy production is rather small. One of the most prominent reasons of this is the inadequate level of financing sources for renewable energy. There are a variety of potential financing tools for renewable energy. Among these alternatives, green bonds have a significant position. In this study, we generate suggestions to use green bonds more widely in financing renewable energy investments in Turkey.