Description
Product ID: | 9781032257228 |
Product Form: | Hardback |
Country of Manufacture: | GB |
Series: | Routledge Explorations in Environmental Economics |
Title: | Sustainable Finance and the Global Health Crisis |
Authors: | Author: Edgardo Sica, Pasquale Marcello Falcone |
Page Count: | 284 |
Subjects: | Environmental economics, Environmental economics, Finance and the finance industry, Environmental science, engineering and technology, Finance, Environmental science, engineering & technology |
Description: | This book argues that the pandemic represents a wake-up call for financial systems to be better prepared for the climate crisis and social risk and has provided a stimulus to scale down the reliance of the global economy on fossil fuels. The speed with which the various economies recover from the Covid-19 pandemic will significantly determine the economic pressure placed on the environment in the medium-to-long-term. Furthermore, the pandemic has highlighted the strong interrelations between natural and societal systems, with societal resilience depending on a resilient environmental support system. In this context, the book argues that the pandemic represents a wake-up call for financial systems to be better prepared for the climate crisis and social risk, and has provided a stimulus to scale down the reliance of the global economy on fossil fuels. The first part of the book provides a deep and creative discussion between leading international researchers and experts on the policy options and financial instruments which can help to catalyze the green finance transition in the post-Covid-19 era. The contributions show that sustainable finance is emerging as a powerful tool to advance the transition towards a more environmentally and socially sustainable economic model. Instruments such as sovereign green bonds, green securities, and other sustainability-related securities can play a significant role in the post-Covid-19 world to fund economic stimulus and to lead the way to new and more sustainable future. The second part of the book supports the debate by highlighting a number of selected case studies on financing transitions in different regional contexts including Africa, Asia, Europe, and Latin America. The book marks a significant contribution to the literature on environmental economics and finance, climate change, and sustainability transitions. Chapter 12 of this book is freely available as a downloadable Open Access PDF at http://www.taylorfrancis.com under a Creative Commons Attribution-Non Commercial-No Derivatives (CC-BY-NC-ND) 4.0 license. |
Imprint Name: | Routledge |
Publisher Name: | Taylor & Francis Ltd |
Country of Publication: | GB |
Publishing Date: | 2023-08-01 |