GREEN FINANCE AND SUSTAINABLE DEVELOPMENT GOALS

Green finance plays a crucial role in promoting sustainable development by mobilizing financial resources toward environmentally sustainable projects. It enables the transition to a low-carbon and climate-resilient economy, which is essential for achieving global climate goals. Green Finance and Sustainable Development Goals explores how, by aligning financial investments with sustainable development objectives, green finance can contribute to the achievement of the United Nations' Sustainable Development Goals (SDGs).

The first part of the book examines the connection between climate change and green finance in emerging markets and developing countries, with a particular focus on the impact of globalization and financial development on climate change. The second part of the book focuses on environmental disclosure, standards, and their relevance, with a specific focus on how European countries have implemented green finance to support sustainable development and achieve climate goals. In the third and final part of the book, the authors discuss green finance and sustainable development goals from a global perspective, examining the role of finance and renewable energy transition in supporting sustainable economic development, and how this can be applied to green recovery post-COVID-19.

The book provides a comprehensive and up-to-date analysis of the relationship between green finance and sustainable development goals, offering insights and potential solutions for researchers, investors, and policymakers. It also includes real-life case studies, empirical analyses, and policy recommendations from scholars around the world, making it a valuable resource for anyone interested in understanding and addressing the challenges of climate change and sustainable finance in the aftermath of the COVID-19 pandemic.

Contents:

• Climate Change and Green Finance in Emerging Markets:
  • The Impact of Globalization and Financial Development on Climate Change: Fresh Evidence from 60 Developing Countries (Michael L Polemis and Thanasis Stengos)
  • Green Finance and Sustainable Development in India: Current Status and Challenges Beyond the COVID-19 Period (Mita Bhattacharya and Eric Yan)
  • Green Finance in China: Development and Impact Analysis (Zheng Fang, Youngho Chang, and Yinghui Yu)
  • Green Financing and Its Future Prospects in Climate-Vulnerable Asian Countries: The Case of Bangladesh (Syeda Shehtaz Hasib and Syed Abul Basher)
  • Determinants of Green Banking Disclosures: Evidence from Mauritius (Dineshwar Ramdhony, Mokshada Foolchand, and Boopen Seetanah)
• Environmental Disclosure, Standards and Relevance:
  • How Should Sustainable Finance Standards Be Designed for Developing Countries? (Kathrin Berensmann)
  • Environmental Disclosure in Financial Institutions: A Critical Review of the Literature (Eleonora Broccardo, Graziano Coller, and Maria Mazzuca)
  • Disclosure on Climate-Related Risks in the Insurance Sector: The State of the Art in Europe (Maria Mazzuca, Damiana Giuseppina Costanzo, and Angela Coscarelli)
  • The Relevance of Environmental, Social, and Governance Issues in Corporate Valuation: Concepts and Reflections (Murad Harasheh and Giovanni Cardillo)
• Green Finance & Sustainable Development Goals:
  • Financing Renewable Energy Transition Toward Sustainable Development Goals: Policies and Economic Implications in the Era of Climate Change (Diem Thi Hong Vo and Hai Hong Trinh)
  • The Role of Financing in Achieving Sustainable Development Goals: Economic and Legal Implications (Muhammad Azam, Ahmed Imran Hunjra, and Mohammad Kabir Hassan)
  • Is Green Finance a Myth or a Truth? (Mohamed Bechir Chenguel)
  • Green Finance, Corporate Performance, and the Role of Financial Institutions (Fateh Saci and Boualem Aliouat)
  • The Establishment of a Gross Ecosystem Product: A Country Comparison (Silvio Andrae)
  • Renewable Energy Transition for Sustainable Economic Development: Implications for Green Recovery in the Post COVID-19 Era (Ahmed Imran Hunjra, Mahnoor Hanif, Dilvin Taşkın, and Qasim Zureigat)

Readership: Academic libraries, students (undergraduate, graduate, and post-graduate), and practitioners and policymakers (financial analysts, financial institutions, rating agencies, lawyers, regulators, international organizations, etc.). With conceptual chapters and case studies, this book can be used for class teaching.

Key Features:

• The book aims to provide a review of financing renewable and green energy policies for sustainable energy transitions and achieving SDGs, with an analysis of how green finance affects economic development, environmental quality, and energy use in China
• The book's findings have implications for policymakers, NGOs, and governments in financing energy transition towards sustainable development, and for regulators, academics, and practitioners in green finance