1.

Record Nr.

UNINA9910299651803321

Autore

Guttmann Robert

Titolo

Eco-Capitalism : Carbon Money, Climate Finance, and Sustainable Development / / by Robert Guttmann

Pubbl/distr/stampa

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

ISBN

3-319-92357-9

Edizione

[1st ed. 2018.]

Descrizione fisica

1 online resource (V, 321 p.)

Disciplina

332

Soggetti

Finance

Environmental economics

Climate change

Macroeconomics

Energy policy

Energy and state

Finance, general

Environmental Economics

Climate Change Management and Policy

Macroeconomics/Monetary Economics//Financial Economics

Energy Policy, Economics and Management

Climate Change

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Nota di contenuto

1. The Challenge of Climate Change -- 2. Moving Towards an Ecologically Oriented Capitalism (“Eco-Capitalism”) -- 3. The Global Emergence of Climate Policy -- 4. Rethinking Growth -- 5. Pricing Carbon -- 6. Climate Finance -- 7. Carbon Money -- 8. Sustainable Development and Eco-Capitalism.

Sommario/riassunto

Our planet faces a systemic threat from climate change, which the world community of nations is ill-prepared to address, and this book argues that a new form of ecologically conscious capitalism is needed in order to tackle this serious and rising threat. While the Paris Climate Agreement of 2015 has finally implemented a global climate policy



regime, its modest means belie its ambitious goals. Our institutional financial organizations are not equipped to deal with the problems that any credible commitment to a low-carbon economy will have to confront. We will have to go beyond cap-and-trade schemes and limited carbon taxes to cut greenhouse gas emissions substantially in due time. This book offers a way forward toward that goal, with a conceptual framework that brings environmental preservation back into our macro-economic growth and forecasting models. This framework obliges firms to consider other goals beyond shareholder value maximization, outlining the principal tenets of a climate-friendly finance and introducing a new type of money linked to climate mitigation and adaptation efforts. .