ABSTRACT

The ending chapter of this book explores the underlying issues of global sustainability perplexed by the rapid industrialization of the world over the last century, globalization over the past decades, and, more recently, the global political economy. It reveals the intertwined challenges to global sustainability and potential mitigations through financial and technological innovation, development of a circular economy, as well as deployment of green technologies on a global scale. The regulatory measures of financial institutions adopting sustainability principles countering neoclassical corporate finance as a singular disciplinary concept that hinges on self-interest as well as the criticalness of leadership through global governance for sustainability transformation to impel political institutions and ingrain policy innovation measures to overcome disparities in ideology are articulated.