OECD Working Papers on Finance, Insurance and Private Pensions
- ISSN: 20797117 (online)
- https://doi.org/10.1787/20797117
Defining and Measuring Green Investments
Implications for Institutional Investors' Asset Allocations
The paper examines how “green” investments are defined across different asset classes (equities, bonds and alternative investments), as well as providing some estimates of the size of these markets. The paper concludes that, given the lack of consensus on the usage and definition of the term “green”, the most productive approach could be to take an open and dynamic stance towards definitions and standards, with international institutions and governments adopting a “governance approach to green investment”.
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