Scaling up the global Green Bond market: Integrating global policy frameworks with stakeholder perceptions from Australia and the United Kingdom
- 1Department of Commerce and Financial Management, Faculty of Commerce and Management Studies, University of Kelaniya, Dalugama, Sri Lanka
- 2Institute of Innovation, Science, and Sustainability, Federation University Australia, Berwick Campus, Berwick, Australia
Abstract
The Green Bond (GB) market has not been as effective as anticipated in tackling the global climate change crisis. There is a substantive investment gap worldwide in meeting the financing needs of green projects. Thus, this study reviewed key publications of international market players from 2007 to 2021 to identify how key stakeholders perceive the GB market. We employed a qualitative research approach using document analysis. In addition to this, a number of interviews were conducted to validate the findings by providing suggestive and supportive evidence. The findings indicate structural constraints affecting both supply and demand dynamics in the GB market. This study contributes to the literature by integrating documentary evidence and stakeholder perspectives into a unified conceptual framework that explains the institutional and market barriers affecting the global scaling of Green Bond markets and identifies implications for future policy development.
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BibTeX
@article{nanayakkara2026scaling,
title = {{Scaling up the global Green Bond market: Integrating global policy frameworks with stakeholder perceptions from Australia and the United Kingdom}},
author = {Madurika Nanayakkara and Sisira Colombage},
journal = {PLOS One},
year = {2026},
month = oct,
doi = {10.1371/journal.pone.0338998},
url = {https://doi.org/10.1371/journal.pone.0338998},
note = {CC BY 4.0},
}
RIS
TY - JOUR
TI - Scaling up the global Green Bond market: Integrating global policy frameworks with stakeholder perceptions from Australia and the United Kingdom
AU - Madurika Nanayakkara
AU - Sisira Colombage
PY - 2026
DA - 2026/10/05
JO - PLOS One
DO - 10.1371/journal.pone.0338998
UR - https://doi.org/10.1371/journal.pone.0338998
AB - The Green Bond (GB) market has not been as effective as anticipated in tackling the global climate change crisis. There is a substantive investment gap worldwide in meeting the financing needs of green projects. Thus, this study reviewed key publications of international market players from 2007 to 2021 to identify how key stakeholders perceive the GB market. We employed a qualitative research approach using document analysis. In addition to this, a number of interviews were conducted to validate the findings by providing suggestive and supportive evidence. The findings indicate structural constraints affecting both supply and demand dynamics in the GB market. This study contributes to the literature by integrating documentary evidence and stakeholder perspectives into a unified conceptual framework that explains the institutional and market barriers affecting the global scaling of Green Bond markets and identifies implications for future policy development.
SN - 1932-6203
ER -