绿色债券的绿色溢价研究:一个文献综述

Research on the Green Premium of Green Bonds:A Literature Review

绿色债券作为绿色金融的重要组成部分,有助于发挥资本市场服务绿色低碳发展的作用。绿色债券的绿色溢价理论上为何存在、现实中是否存在以及受哪些因素的影响,都是值得深入探讨的问题。本文通过梳理国内外关于绿色债券绿色溢价的相关文献,试图回答以上问题。本文系统总结了绿色债券绿色溢价存在的理论机理,探讨了绿色债券绿色溢价的存在性争论及其原因,分类整理了绿色债券绿色溢价的影响因素,为完善我国绿色金融体系建设和研究提供参考。

As a crucial component of green finance,green bonds facilitate the role of capital markets in supporting green and low-carbon development.The theoretical rationale for the existence of green premium in green bonds,whether it exists in practice,and what factors influence it are important topics.This paper aims to address these three questions by systematic reviewing relevant literature on green bond premiums.The research systematically summarizes the theoretical mechanisms underlying the existence of the green premium of green bonds,discusses the debates surrounding their existence and causes,and categorizes the factors influencing green bond premiums.The findings provide valuable insights for enhancing the development and research of China's green finance system.