The Space Value of Money: Rethinking Finance Beyond Risk & Time

The Space Value of Money introduces a novel perspective on sustainability and finance by factoring in space as an analytical dimension and physical context. It proposes a principle and metrics to entrench our responsibility for space impact into our value equations, making finance inherently sustainable and acting as a bridge between core finance theory and sustainable finance. The book offers a comprehensive approach to value design, measurement, and creation, discussing the theoretical, mathematical, institutional, technological, and data elements of the transformation. It is endorsed by experts in the field and has the potential to revolutionize how we think about and address environmental challenges in economics and finance.

Format: Hardback
Length: 255 pages
Publication date: 10 July 2022
Publisher: Palgrave Macmillan

The Space Value of Money presents a groundbreaking and transformative perspective on sustainability and finance. By incorporating space as an analytical dimension and our physical context, it expands the traditional framework of financial value, which has traditionally been built around risk and time. This innovative principle and metrics embed our responsibility for space impact into our value equations, making finance inherently sustainable and serving as a theoretical bridge between core finance theory and the rapidly growing field of sustainable finance, also known as ESG integration.

The book offers a novel approach to value design, measurement, and creation, delving into the theoretical, mathematical, institutional, technological, and data elements involved in this transformative process. It discusses the theoretical foundations, mathematical models, institutional frameworks, technological advancements, and data requirements necessary to implement the Space Value of Money principle effectively.

By adopting the Space Value of Money principle and metrics, we have the potential to align our financial value framework with our sustainability goals. This adjustment enables us to transform human productivity in a manner that supports our commitment to a greener and more sustainable future. It also facilitates the development and engineering of financial instruments that can effectively address our evolutionary challenges, such as the transition to Net Zero.

This book holds immense significance for a wide range of stakeholders, including ESG and impact investors, government regulators, financial theorists, and enthusiasts of outer space. It provides valuable insights and practical applications that can help shape the future of finance and contribute to the achievement of sustainable development objectives.

In conclusion, The Space Value of Money offers a revolutionary perspective on sustainability and finance, challenging our existing frameworks and paving the way for a more sustainable and inclusive future. By incorporating space as an analytical dimension and our physical context, it enables us to reimagine the value of money and drive positive change on a global scale. This book is a must-read for anyone interested in advancing the field of sustainable finance and contributing to the betterment of our planet.

Weight: 589g
Dimension: 235 x 155 (mm)
ISBN-13: 9781137594877
Edition number: 1st ed. 2022