Definition(s)
A mode of private financing that tap the debt capital market through fixed income instruments (i.e. bonds) to raise capital to finance climate-friendly projects in key sectors of, but not limited to, transport, energy, building and industry, water, agriculture and forestry and waste. (Source: IPBES, Global Assessment Report on Biodiversity and Ecosystem Services, 2021)
Hierarchy
Broader: Financial mechanisms
Related concepts from Law and Environment Ontology: