Handbook Of Research On Global Aspects Of Sustainable Finance In Times Of Crises

Sustainable finance has been one of the emerging areas of finance in the last decade. With its emphasis on any form of financial services that take environmental, social and governance (ESG) considerations into account in decision-making processes, it can help to improve social well-being, preserve the ecosystems and promote sustainable economic development. Furthermore, it can contribute to economic and financial resilience, along with enabling sustainable recovery against crises arising from physical or financial shocks. The Handbook of Research on Global Aspects of Sustainable Finance in Times of Crises discusses theory and concepts, focuses on practices and strategies, addresses the recent challenges and trends, and presents future prospects regarding sustainable finance. It provides a global look at sustainable finance in a variety of contexts, along with highlighting contemporary issues in light of crises such as the climate emergency and the COVID-19 pandemic. Covering a wide range of topics such as climate finance, green finance, social finance, ESG investing and responsible banking, the book is ideal for corporate managers, portfolio managers, investors, financial analysts, researchers, academicians, students and policymakers.

"This book, with its theoretical and empirical perspectives, discusses contemporary issues regarding sustainable finance in light of crises especially the Covid-19 pandemic and the climate crisis"--

The severe consequences of the global financial crisis 2008-2009 and numerous accounting frauds and financial scandals over the last fifteen years have let to calls for more ethical and responsible actions in all economic activities including consumption, investing, governance and regulation. Despite the fact that ethics in business and corporate social responsibility rules have been adopted in various countries, more efforts have to be devoted to motivate and empower more actors to integrate ethical behavior and rules in making business and managerial decisions. The Research Handbook of Finance and Sustainability will provide the readers but particularly investors, managers, and policymakers with comprehensive coverage of the issues at the crossroads of finance, ethics and sustainable development as well as proposed solutions, while focusing on three different levels: corporations, investment funds, and financial markets.

The speed with which the various economies recover from the Covid-19 pandemic will significantly determine the economic pressure placed on the environment in the medium-to-long-term. Furthermore, the pandemic has highlighted the strong interrelations between natural and societal systems, with societal resilience depending on a resilient environmental support system. In this context, the book argues that the pandemic represents a wake-up call for financial systems to be better prepared for the climate crisis and social risk, and has provided a stimulus to scale down the reliance of the global economy on fossil fuels. The first part of the book provides a deep and creative discussion between leading international researchers and experts on the policy options and financial instruments which can help to catalyze the green finance transition in the post-Covid-19 era. The contributions show that sustainable finance is emerging as a powerful tool to advance the transition towards a more environmentally and socially sustainable economic model. Instruments such as sovereign green bonds, green securities, and other sustainability-related securities can play a significant role in the post-Covid-19 world to fund economic stimulus and to lead the way to new and more sustainable future. The second part of the book supports the debate by highlighting a number of selected case studies on financing transitions in different regional contexts including Africa, Asia, Europe, and Latin America. The book marks a significant contribution to the literature on environmental economics and finance, climate change, and sustainability transitions. Chapter 12 of this book is freely available as a downloadable Open Access PDF at http://www.taylorfrancis.com under a Creative Commons Attribution-Non Commercial-No Derivatives (CC-BY-NC-ND) 4.0 license.

Risk affects many different companies, industries, and institutions, and the COVID-19 pandemic has caused more challenges than before to arise. In the wake of these new challenges, new risk management strategies must arise. Risk affects many companies differently, though in the aftermath of a global pandemic, similar management strategies may be adapted to maintain a flourishing business. Financial risk management has become increasingly important in the last years, and a profound understanding of this subject is vital. The Handbook of Research on New Challenges and Global Outlooks in Financial Risk Management discusses the financial instruments firms use to manage the difference kinds of financial risks and risk management practices in a variety of different countries. This book offers an international focus of risk management, comparing different practices from all over the world. Covering topics such as bank stability, environmental assets, and perceived risk theory, this book is a valuable research source for regulatory authorities, accountants, managers, academicians, students, researchers, graduate students, researchers, faculty, and practitioners.

The COVID-19 pandemic has raised challenges in the assessment of macroeconomic and microeconomic impacts. The impacts of COVID-19 on the macro and micro sectors of the economy and the current and future economic tendencies have yet to be determined. The impact of COVID-19 research holds limitless potential, but the necessary research for professionals to understand the economic impacts is lacking and unclear. Economic Impact and Recovery Following a Global Health Crisis assesses the economic impacts of the COVID-19 pandemic with a focus on the macroeconomic and microeconomic and uses various statistical methods and real-world data to predict and establish specific trends within the economy. Covering topics such as firm behavior and national economies, it is ideal for policymakers, industry professionals, researchers, academicians, instructors, and students.

Global society has simultaneously faced several unprecedented health, social, and economic challenges. Countries need to recover economic growth quickly, boost productivity and job creation, invest in smart healthcare systems and services, and work toward a climate-neutral and circular economy. The Handbook of Research on Green, Circular, and Digital Economies as Tools for Recovery and Sustainability explores new and emerging frameworks, tools, and strategies to support companies and economies toward a green and digital transformation. It analyzes the role of disruptive technologies, innovative green technologies, and emerging practices all over the world. Covering topics such as corporate sustainability, digital banking, and national innovation systems, this major reference work is an essential resource for educational administration, politicians, government officials, global business leaders, managing directors, libraries, researchers, academicians, educators, and students.

The richest one percent of the entire population of the world now owns more than half of the global wealth. Global wealth is unequally distributed, gross domestic product (GDP) and consumption are a declining trend, and poverty is an increasing trend. Each participant’s gain or loss of utility is exactly balanced by the losses or gains of the utility of the other participants, which certainly drives an unhealthy and unhappy globe. As such, global economic thinking must be redefined in order to encourage inclusive development and better problem solving. Redefining Global Economic Thinking for the Welfare of Society is a comprehensive reference source that examines the prevailing economic theories and thinking, determines the deficiency of some of the existing economic thinking, and sets up guidelines and transformation of existing economic thinking. Covering topics that include economic development, circular economy, and population health, this serves as an excellent resource for economists, sociologists, government officials, policymakers, practitioners, faculties of universities and colleges, students, researchers, and academicians.