DEPENDENCE STRUCTURE BETWEEN GREEN BOND MARKETS AND WORLD FINANCIAL MARKETS

Abstract

As a response to the urgent challenges posed by climate change, green bonds are becoming increasingly significant tools for financing environmentally friendly projects. The daily returns from the stock and bond markets used for the chosen stock markets. Through analytical techniques, including the use of copula software, the research seeks to understand how financial markets and green bonds interact. This research aims to provide sage advice to potential investors who want to strike a balance between profitability and ethical business practices. This research shows advance knowledge of these dynamics by evaluating the complex interplay in comparison to GB and financial markets in emerging economies. This study used cupola techniques.