ABSTRACT
Green finance is heralded in theory and practice as the new panacea – the ideal way to support the green transition of businesses into more sustainable, environmentally responsible forms, by means of incentivized financial investments. This handbook brings together a variety of expert scholars with industry specialists to offer the most authoritative overview of green finance to date, presenting the current situation in the field. It focuses on green finance in a comprehensive way, discussing its characteristics, underlying principles, and mechanisms.
The book carefully illuminates the issues surrounding green finance and delineates its boundaries, mapping out and displaying the disparate voices, traditions, and professional communities engaged in green and sustainable finance activities. Specifically, it examines the "environmental" in the environmental, social, and governance (ESG) measurements, while also discussing the interplay between each measurement. It develops a range of analytic approaches to the subject, both appreciative and critical, and synthesizes new theoretical constructs that make better sense of hybrid financial relationships. Furthermore, the handbook illustrates existing best practices and theories, and critically examines the gaps to derive the necessary future research questions. It highlights the essential issues and debates and provides a robust research agenda. As such, it helps to create an effective market for the various green financing instruments through clarification and standardization.
This handbook will be the standard reference work for a broad audience, encompassing scholars, researchers, and students but also interested professionals, regulators, and policymakers wishing to orient themselves in a rapidly developing and increasingly topical field.
TABLE OF CONTENTS
part 1|96 pages
Green Finance Market and Regulatory Environments
chapter 2|18 pages
Accounting for a Green Economy
part 2|112 pages
Green Finance Instruments and Their Effects
chapter 10|22 pages
The Influence of Firms' ESG Initiatives on Firm Value
chapter 11|24 pages
The Yields of Green Bank Bonds
part 3|142 pages
Sector- and Country-Specific Aspects
chapter 12|12 pages
The Quest for Global Green Finance Participation
chapter 13|19 pages
Accounting as a Mediating Practice between Values and Contexts
chapter 17|17 pages
Finance without Unified Measurement Framework
chapter 18|20 pages
Green Finance Strategies in Africa
part 4|74 pages
Critical Perspectives
chapter 22|25 pages
Green, Greener, Not Green Enough?
part 5|134 pages
Building Theory on Green Finance