Sustainable Finance in the Green Economy: The 3rd Finance and Sustainability Conference, Wroclaw 2019

This book explores green and sustainable finance, covering corporate finance, public finance, monetary and fiscal policy, and risk management. The papers reflect the extent and diversity of research areas in finance and sustainability, benefiting researchers, practitioners, scholars, and policy makers.

Format: Hardback
Length: 275 pages
Publication date: 08 February 2022
Publisher: Springer Nature Switzerland AG

This comprehensive book delves into the realm of green and sustainable finance, a transformative force aimed at shaping economies into a more environmentally friendly and resilient model. It encompasses a wide range of topics related to various financial sectors, including corporate finance, public finance, monetary and fiscal policy, and risk management. The enclosed papers showcase the vastness, diversity, and richness of research areas within the finance and sustainability domains, spanning both fundamental and applied disciplines. These papers are invaluable resources for researchers, practitioners, scholars, and policy makers in economics, finance, and international economics, providing valuable insights and guidance for advancing sustainable finance practices.

Corporate finance plays a pivotal role in promoting sustainable business practices by financing environmentally friendly projects and initiatives. It involves the allocation of financial resources to support businesses that prioritize sustainability, such as renewable energy, clean technology, and sustainable agriculture. Corporate finance professionals work closely with companies to develop financial strategies that align with their sustainability goals, including capital budgeting, risk management, and financial reporting.

Public finance is another critical area where sustainable finance is implemented. Governments use public funds to finance infrastructure projects, social welfare programs, and environmental protection initiatives. Sustainable public finance practices aim to ensure that these investments generate long-term benefits for society and the environment, while also minimizing their negative impact on the economy and the environment. This includes the use of green bonds, which are bonds issued by governments to raise funds for environmentally friendly projects, and the implementation of sustainable tax policies and regulations.

Monetary and fiscal policy also play a significant role in promoting sustainable finance. Central banks and governments can use monetary policy tools, such as interest rates and quantitative easing, to incentivize sustainable investment and discourage unsustainable practices. Fiscal policy can also be used to promote sustainable development by allocating resources to support green infrastructure, research and development, and environmental protection initiatives.

Risk management is another critical aspect of sustainable finance. Financial institutions and investors need to identify and manage risks associated with sustainable investments, such as climate change, environmental degradation, and social unrest. Sustainable risk management practices involve the use of risk assessment tools, the development of risk mitigation strategies, and the integration of sustainability considerations into investment decision-making processes.

In conclusion, this book provides a comprehensive exploration of issues related to green and sustainable finance, highlighting the importance of integrating sustainability principles into financial practices. It serves as a valuable resource for researchers, practitioners, scholars, and policy makers in economics, finance, and international economics, contributing to the development of a more sustainable and resilient global economy.

Weight: 594g
Dimension: 235 x 155 (mm)
ISBN-13: 9783030816629
Edition number: 1st ed. 2022