1.

Record Nr.

UNINA9910298172003321

Titolo

Designing a Sustainable Financial System : Development Goals and Socio-Ecological Responsibility / / edited by Thomas Walker, Stéfanie D. Kibsey, Rohan Crichton

Pubbl/distr/stampa

Cham : , : Springer International Publishing : , : Imprint : Palgrave Macmillan, , 2018

ISBN

9783319663876

3319663879

Edizione

[1st ed. 2018.]

Descrizione fisica

1 online resource (XIV, 429 p. 22 illus., 18 illus. in color.)

Collana

Palgrave Studies in Sustainable Business In Association with Future Earth, , 2662-1339

Disciplina

336

Soggetti

Finance, Public

Economics

Environmental economics

Public Finance

Political Economy and Economic Systems

Environmental Economics

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Nota di bibliografia

Includes bibliographical references at the end of each chapters and index.

Nota di contenuto

1. Introduction -- 2. An Alternative Finance Approach for a More Sustainable Financial System -- 3. Social and Environmental Responsibility in the Banking Industry: A Focus on Commercial Business -- 4. Seeking Greener Pastures: Exploring the Impact for Investors of ESG Integration in the Infrastructure Asset Class -- 5. Pricing Carbon: Integrating Promise, Practice, and Lessons Learned from the Chicago Climate Exchange (CCX) -- 6. Designing Carbon: Neutral Investment Portfolios -- 7. Sustainability Stress Testing the Financial System: Challenges and Approaches -- 8. Responsible Investment Requires a Proxy Voting System Responsive to Retail Investors -- 9. The Creation of Social Impact Credits: Funding for Social Profit Organizations -- 10. Crowdfunding Sustainable Enterprises as a Form of Collective Action -- 11. Palm Oil: Mitigating Material Financial Risks via Sustainability -- 12. Towards a Theory of Sustainable Finance -- 13. MobilizingEarly-Stage



Investments for an Innovation-Led Sustainability Transition -- 14. Financial Sector Sustainability Regulations and Voluntary Codes of Conduct: Do They Help to Create a More Sustainable Financial System? -- 15. Why Self-Commitment Is Not Enough: On a Regulated Minimum Standard for Ecologically and Socially Responsible Financial Products and Services.

Sommario/riassunto

This edited collection brings together leading theoretical and applied research with the intent to design a sustainable global financial future. The contributors argue that our world cannot move toward sustainability, address climate change, reverse environmental degradation, and improve human well-being without aligning the financial system with sustainable development goals like those outlined by the United Nations. Such a system would: a) be environmentally and socially responsible; b) align with planetary boundaries; c) manage natural resources sustainably; d) avoid doing more harm than good; and e) be resilient and adaptable to changing conditions. The overarching theme in this collection of chapters is a response to the worldwide, supranational sustainable finance discussions about how we can transition to a new socio-ecological system where finance, human well-being, and planetary health are recognized as being highly intertwined.