With the effects of climate change getting obvious in many places around the world, the need for financing green projects is urgent now more than ever. Under these circumstances, green bonds become a new investment instrument to attract capital for sustainability projects. However, the valuation for these assets is vague because it lacks consistency in green bond principles, standard tools and techniques for determining their value.The purpose of this paper is to closely examine the Apple’s first green bond and its comparison to its corporate and US Treasuries bond.
Inhaltsverzeichnis (Table of Contents)
- ABSTRACT
- LIST OF ABBREVIATIONS
- 1. INTRODUCTION
- 2. AN OVERVIEW OF THE GREEN BOND
- 2.1. DEFINITION AND TYPES OF GREEN BONDS
- 2.2 GREEN BOND PRINCIPLES (GBP)
- 2.3 THE EVALUATION TOOLS FOR GREEN BOND
- 3. APPLE ‘S GREEN PROJECTS
- 3.1 DATA
- 3.2 APPLE GREEN PROJECTS
- 3.3 EVALUATION OF GREEN BOND AND COMPARISON WITH OTHER BONDS
- 4. CONCLUSIONS
- REFERENCES
- FIGURES AND TABLES
Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)
This paper aims to thoroughly examine Apple's inaugural green bond, comparing it to its corporate and US Treasury bonds with identical maturities. The analysis uses the Present Value Technique to assess the green bond as a standard corporate bond. The paper seeks to understand the valuation of green bonds, emphasizing the lack of consistent principles, standard tools, and techniques for determining their value.
- Green Bonds as a Financing Instrument for Sustainability Projects
- The Valuation and Assessment of Green Bonds
- Application of Present Value Technique in Green Bond Valuation
- Comparative Analysis of Apple's Green Bond, Corporate Bond, and US Treasury Bond
- Challenges and Opportunities in the Green Bond Market
Zusammenfassung der Kapitel (Chapter Summaries)
- Chapter 1: Introduction
This chapter sets the stage by introducing the concept of green bonds and their significance in the context of climate change and the growing need for funding sustainable projects.
- Chapter 2: An Overview of the Green Bond
This chapter provides a comprehensive overview of green bonds, covering their definition, various types, and the underlying Green Bond Principles (GBP). It also explores the evaluation tools used to assess the value of green bonds.
- Chapter 3: Apple's Green Projects
This chapter delves into Apple's green projects, analyzing the data and evaluating the green bond. The chapter also includes a comparison of Apple's green bond with its corporate and US Treasury bonds, all with the same maturity. The analysis uses the Present Value Technique to assess the green bond.
Schlüsselwörter (Keywords)
This research focuses on green investment projects, green bonds, and their valuation. The paper examines the application of the Present Value Technique in assessing green bonds and explores the concept of sustainable finance. The analysis focuses on Apple's green bond as a case study, examining its comparison with traditional corporate and US Treasury bonds. The research also highlights the need for consistent green bond principles and standardized evaluation tools within the market.
- Quote paper
- Hong Hanh Tran (Author), 2017, Green, Greener, Green Bond, Munich, GRIN Verlag, https://www.grin.com/document/427696
