Sustainable Finance and the Global Health Crisis: Building a More Sustainable, Resilient and Social Economy

The speed of economic recovery from the Covid-19 pandemic will have a significant impact on environmental pressure in the medium-to-long term. The pandemic has highlighted the interdependence of natural and societal systems, and the book argues that financial systems must be better prepared for climate crisis and social risk. The first part of the book discusses policy options and financial instruments to catalyze the green finance transition, while the second part showcases case studies of financing transitions in different regional contexts. The book makes a significant contribution to the literature on environmental economics, finance, climate change, and sustainability transitions.

Format: Hardback
Length: 284 pages
Publication date: 01 August 2023
Publisher: Taylor & Francis Ltd

The swiftness with which different economies recover from the COVID-19 pandemic will have a substantial impact on the environmental strain in the medium to long term. Moreover, the pandemic has brought to light the interconnectedness of natural and societal systems, with societal resilience heavily reliant on a robust environmental support system. In this context, the book argues that the pandemic serves as a wake-up call for financial systems to enhance their preparedness for the climate crisis and social risks. Additionally, it has provided a catalyst for reducing the global economy's dependence on fossil fuels.

The first part of the book delves into a comprehensive and innovative discussion between renowned international researchers and experts on policy options and financial instruments that can facilitate the green finance transition in the post-COVID-19 era. The contributions showcased in this section demonstrate that sustainable finance is emerging as a powerful tool to propel the transition towards a more environmentally and socially sustainable economic model. Instruments such as sovereign green bonds, green securities, and other sustainability-related securities hold immense potential in the post-COVID-19 world to fund economic stimulus and pave the way toward a new and more sustainable future.

The second part of the book complements the debate by presenting a selection of case studies on financing transitions across various regional contexts, including Africa, Asia, Europe, and Latin America. These case studies provide valuable insights into the challenges and opportunities associated with transitioning to a more sustainable economic landscape. The book makes a significant contribution to the literature on environmental economics and finance, climate change, and sustainability transitions.

Chapter 12 of this book is available for free download as a downloadable Open Access PDF at http://www.taylorfrancis.com. The content is licensed under a Creative Commons Attribution-No. 4.0 International License, allowing for unrestricted use, distribution, and reproduction in any medium, provided that the original authors and source are credited.

Dimension: 234 x 156 (mm)
ISBN-13: 9781032257228