Proceedings of the 9th International Conference on Accounting, Management, and Economics 2024 (ICAME 2024)

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The Impact of Green Bonds and Blue Bonds on Financing Sustainable Projects and Financial Stability

Authors
Hizkia Josua Pattiwael1, *
1Hasanuddin University, Makassar, Indonesia
*Corresponding author. Email: pattiwaelhj23a@student.unhas.ac.id
Corresponding Author
Hizkia Josua Pattiwael
Available Online 30 July 2025.
DOI
10.2991/978-94-6463-758-8_35How to use a DOI?
Keywords
Green Bonds; Blue Bonds; Sustainability; Financial Stability; Renewable Energy Projects
Abstract

This research aims to analyze the impact of issuing green bonds and blue bonds on the financing of sustainability projects and the financial stability of state-owned enterprises (SOEs) in Indonesia. Green bonds are used to finance environmentally friendly projects, while blue bonds focus on the conservation and management of marine resources. The study explores the extent to which these instruments contribute to corporate profitability, leverage, and liquidity, through a comparative analysis of financial ratios before and after bond issuance. The re-search also identifies key challenges in the implementation of green and blue bonds, including low market liquidity, high issuance costs, and limited investor understanding. Furthermore, a SWOT analysis reveals opportunities for growth through stricter environmental regulations, increased government support, and access to global investors. The findings conclude that the issuance of green and blue bonds has the potential to enhance financial stability and promote environ-mentally sustainable investments in Indonesia, although regulatory and educational challenges still need to be addressed.

Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 9th International Conference on Accounting, Management, and Economics 2024 (ICAME 2024)
Series
Advances in Economics, Business and Management Research
Publication Date
30 July 2025
ISBN
978-94-6463-758-8
ISSN
2352-5428
DOI
10.2991/978-94-6463-758-8_35How to use a DOI?
Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Hizkia Josua Pattiwael
PY  - 2025
DA  - 2025/07/30
TI  - The Impact of Green Bonds and Blue Bonds on Financing Sustainable Projects and Financial Stability
BT  - Proceedings of the 9th International Conference on Accounting, Management, and Economics 2024 (ICAME 2024)
PB  - Atlantis Press
SP  - 404
EP  - 418
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-758-8_35
DO  - 10.2991/978-94-6463-758-8_35
ID  - Pattiwael2025
ER  -