In recent years, factors such as sustainability, digitalization, climate change, energy transformation, social inclusion, gender parity, and Environmental, Social and Governance (ESG) risk have been playing an increasingly important role in the process of financial transformation. The effect of the impact is increased regulation and guidance for financial markets, in relation to adapting current activities to meet the new challenges, for example:
The process of greening finance and spreading the blue wave in finance
Building sustainable value in the business models of financial institutions
Creating an offer of sustainable financial products
Ensuring parity between women and men in the decision-making bodies of financial institutions
Sustainable ratings
Climate stress tests
This book focuses on the intersection between nature and finance and offers a comprehensive overview of the trends, transformations and challenges in finance and the financial markets related to the effects of sustainability concepts or ESG factors. The book has been designed to show these trends, through the evolving subdisciplines of finance, such as green and blue finance. It presents critical recommendations for the ecosystem and network of finance in the era of ESG and sustainability and paints a comprehensive picture of contemporary finance, identifying the factors determining its sustainable transformation.
This is one of the first books to present the issues of sustainability and ESG risk in finance through the prism of individual types of finance. Not only will the book appeal to scholars and researchers in the field of banking, economics, finance and accounting, but it will also find an audience among policymakers and practitioners involved in the finance and sustainability discourse.
Contents
Chapter 1 Introduction
Magdalena Ziolo
Chapter 2 Nature and finance
Blanka Tundys, Kristina Petljak, Yudi Fernando
Chapter 3 Blue finance
Xose Picatoste, Diana Mihaela Tirca, Isabel Novo-Corti, Ignacio Picatoste-Novo
Chapter 4 Carbon finance
Yuliia Shapoval, Pawel Niedziólka
Chapter 5 Climate finance
Ewa Kulinska - Sadlocha, Cary Krosinsky
Chapter 6 Development finance
Adam Lulek
Chapter 7 Digital finance
Kamilla Marchewka-Bartkowiak, Iustina Alina Boitan
Chapter 8 Energy finance
Beata Zofia Filipiak, Marek Dylewski, Onur Seyranlioglu, Arif Çilek
Chapter 9 ESG finance
Beata Zofia Filipiak, Andrea Martínez Salgueiro
Chapter 10 Green finance
Leszek Dziawgo, Domagoja Buljan Barbaca
Chapter 11 Microfinance
Stanislaw Flejterski, Happy Febrina Hariyani
Chapter 12 Responsible finance
Anna Spoz
Chapter 13 Sustainable finance
Kiril Sime?novski, Igor Sazdovski, Filip Fidanoski
Chapter 14 Social finance
Marek Lusztyn