PT  - JOURNAL ARTICLE
AU  - Patrick Reed
AU  - Todd Cort
AU  - Logan Yonavjak
TI  - Data-Driven Green Bond Ratings as a Market Catalyst
AID  - 10.3905/joi.2019.28.2.066
DP  - 2019 Jan 31
TA  - The Journal of Investing
PG  - 66--76
VI  - 28
IP  - 2
4099  - https://pm-research.com/content/28/2/66.short
4100  - https://pm-research.com/content/28/2/66.full
AB  - The authors diagnose the lack of premiums in the green bond market as a result of the inability to differentiate net environmental benefits among bonds. They emphasize data-driven bond ratings as the solution to grow the market. Next, they present an idealized rating framework and contrast currently proposed green bond rating systems from major firms.TOPICS: ESG investing, portfolio theory, portfolio construction