Wykorzystanie zielonych obligacji oraz zielonych listów zastawnych w realizacji założeń Europejskiego Zielonego Ładu

The main aim of the article is to present the prospect of usage of green bonds and green covered bonds as the implementation tools for the principles of the European Green Deal. The material is based on the analysis of the sources of current Polish and European legal and financial public information...

Full description

Saved in:
Bibliographic Details
Main Author: Joanna Muczyńska
Format: Article
Language:English
Published: University of Warsaw 2022-01-01
Series:Studia i Materiały
Subjects:
Online Access:https://press.wz.uw.edu.pl/sim/vol2022/iss1/4/
Tags: Add Tag
No Tags, Be the first to tag this record!
_version_ 1850052169204498432
author Joanna Muczyńska
author_facet Joanna Muczyńska
author_sort Joanna Muczyńska
collection DOAJ
description The main aim of the article is to present the prospect of usage of green bonds and green covered bonds as the implementation tools for the principles of the European Green Deal. The material is based on the analysis of the sources of current Polish and European legal and financial public information acts, as well as the case study on the issuance of green bonds and green covered bonds. The European Green Deal was presented on December 11, 2019, as an action plan for more efficient use of resources, by transitioning to a clean circular economy, preventing climate change, countering biodiversity loss and reducing pollution. Special attention was given to the necessary investments and available financial tools. The ways of ensuring a fair transformation were also explained. Achieving the goals outlined in the European Green Deal will require significant investment. It is estimated that in order to meet the currently set climate and energy targets for the period until 2030, it is necessary to increase investment outlays by an amount of EUR 260 billion per year, or around 1.5%. 2018 EU GDP. Such investment will require the mobilization of both the public and private sectors. The aim of the article is to analyze the financial instruments in terms of the possibility of associating them with the implementation of the principles of the European Green Deal. The conclusions of the article indicate that taking into account the necessity to implement the European Union strategy in the field of environmental and climate protection, the use of green bonds and green covered bonds is possible. The basis of green bonds issuance is the realization of investment projects in the field of conservancy which coincide with the European Green Deal goals. Green covered bonds are based on green mortgages intended for financing energy-efficient buildings, which is one of the European Green Deal keystones.
format Article
id doaj-art-ad64dd5df1874cfcbe818059e62815b4
institution DOAJ
issn 1733-9758
language English
publishDate 2022-01-01
publisher University of Warsaw
record_format Article
series Studia i Materiały
spelling doaj-art-ad64dd5df1874cfcbe818059e62815b42025-08-20T02:52:55ZengUniversity of WarsawStudia i Materiały1733-97582022-01-0120221435310.7172/1733-9758.2022.36.4Wykorzystanie zielonych obligacji oraz zielonych listów zastawnych w realizacji założeń Europejskiego Zielonego ŁaduJoanna Muczyńska0https://orcid.org/0000-0002-7385-0220Wydział Zarządzania, Uniwersytet Warszawski, PolskaThe main aim of the article is to present the prospect of usage of green bonds and green covered bonds as the implementation tools for the principles of the European Green Deal. The material is based on the analysis of the sources of current Polish and European legal and financial public information acts, as well as the case study on the issuance of green bonds and green covered bonds. The European Green Deal was presented on December 11, 2019, as an action plan for more efficient use of resources, by transitioning to a clean circular economy, preventing climate change, countering biodiversity loss and reducing pollution. Special attention was given to the necessary investments and available financial tools. The ways of ensuring a fair transformation were also explained. Achieving the goals outlined in the European Green Deal will require significant investment. It is estimated that in order to meet the currently set climate and energy targets for the period until 2030, it is necessary to increase investment outlays by an amount of EUR 260 billion per year, or around 1.5%. 2018 EU GDP. Such investment will require the mobilization of both the public and private sectors. The aim of the article is to analyze the financial instruments in terms of the possibility of associating them with the implementation of the principles of the European Green Deal. The conclusions of the article indicate that taking into account the necessity to implement the European Union strategy in the field of environmental and climate protection, the use of green bonds and green covered bonds is possible. The basis of green bonds issuance is the realization of investment projects in the field of conservancy which coincide with the European Green Deal goals. Green covered bonds are based on green mortgages intended for financing energy-efficient buildings, which is one of the European Green Deal keystones.https://press.wz.uw.edu.pl/sim/vol2022/iss1/4/european green dealgreen bondsgreen covered bondsgreen investment fundsesg
spellingShingle Joanna Muczyńska
Wykorzystanie zielonych obligacji oraz zielonych listów zastawnych w realizacji założeń Europejskiego Zielonego Ładu
Studia i Materiały
european green deal
green bonds
green covered bonds
green investment funds
esg
title Wykorzystanie zielonych obligacji oraz zielonych listów zastawnych w realizacji założeń Europejskiego Zielonego Ładu
title_full Wykorzystanie zielonych obligacji oraz zielonych listów zastawnych w realizacji założeń Europejskiego Zielonego Ładu
title_fullStr Wykorzystanie zielonych obligacji oraz zielonych listów zastawnych w realizacji założeń Europejskiego Zielonego Ładu
title_full_unstemmed Wykorzystanie zielonych obligacji oraz zielonych listów zastawnych w realizacji założeń Europejskiego Zielonego Ładu
title_short Wykorzystanie zielonych obligacji oraz zielonych listów zastawnych w realizacji założeń Europejskiego Zielonego Ładu
title_sort wykorzystanie zielonych obligacji oraz zielonych listow zastawnych w realizacji zalozen europejskiego zielonego ladu
topic european green deal
green bonds
green covered bonds
green investment funds
esg
url https://press.wz.uw.edu.pl/sim/vol2022/iss1/4/
work_keys_str_mv AT joannamuczynska wykorzystaniezielonychobligacjiorazzielonychlistowzastawnychwrealizacjizałozeneuropejskiegozielonegoładu