ASSESSMENT ON THE IMPACT OF REGULATORY FRAMEWORK TOWARDS GREEN BOND YIELDS: A COMPARATIVE ANALYSIS ACROSS GLOBAL MARKETS

In this paper, research gaps are focused on comparing global green bond yield relative to conventional bond on the influence of the regulatory framework in various global markets,and the role of investor awareness in the development of green bond market in India.A constraining effect on green bond yields is shown to be driven by stringent regulations, especially in the U.S.and EU markets implying a sustainability premium.But markets such as Brazil,with loose regulation, yield more, more steadily. The Indian green bond market is opened by investor awareness, government policy, economic growth,and market liquidity.These results highlight the institutional impact of regulatory environments on the financial returns and management of green finance. Impending research has examined the longer term impact of regulatory changes and investor behaviour on greening of emerging markets bond markets.