Unlocking trends in green bonds: Navigating opportunities and challenges for sustainable development in E7 countries

Abstract

Green bonds have become a cornerstone of financing environmentally friendly projects and driving global sustainability. This study investigates the adoption of green bonds within emerging economies, focusing on seven emerging economies - Brazil, Indonesia, Mexico, Russia, China, India, and Turkey. Although globally, the green bond market flourishes, emerging economies face a unique set of regulatory and market hurdles hindering the growth of sustainable finance. Macroeconomic instability, underdeveloped bond markets, and lingering regulatory uncertainties act as structural impediments. Moreover, concerns like gaps in information disclosure, limited investor awareness, and the constant threat of