Greening the Financial System

Greening the Financial System PDF Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 9292704621
Category : Business & Economics
Languages : en
Pages : 126

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Book Description
This report outlines the opportunities for ADB and other multilateral development banks to help make financial markets in Asia and the Pacific more resilient to climate risk and support the transition to a low carbon economy. Explaining how ADB can play a catalytic role in greening the financial system, the report sets out policy options, assesses the bank’s strategic operational priorities, and considers implementation challenges. Analyzing ways ADB can scale up green financing and help financial authorities in developing member countries manage climate risk, it shows how early policy decisions can reduce the impact on regional economic growth.

Greening the Financial System

Greening the Financial System PDF Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 9292704621
Category : Business & Economics
Languages : en
Pages : 126

Get Book Here

Book Description
This report outlines the opportunities for ADB and other multilateral development banks to help make financial markets in Asia and the Pacific more resilient to climate risk and support the transition to a low carbon economy. Explaining how ADB can play a catalytic role in greening the financial system, the report sets out policy options, assesses the bank’s strategic operational priorities, and considers implementation challenges. Analyzing ways ADB can scale up green financing and help financial authorities in developing member countries manage climate risk, it shows how early policy decisions can reduce the impact on regional economic growth.

Greening the Financial Sector

Greening the Financial Sector PDF Author: Doris Köhn
Publisher: Springer
ISBN: 3642050875
Category : Business & Economics
Languages : en
Pages : 262

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Book Description
Environmental finance, particularly energy efficiency and renewable energy (EERE) finance, can and should serve as an interface to other sub-sectors of financial sector promotion such as microfinance, housing finance or agricultural finance. For example, existing clients of financial institutions include small and medium-sized enterprises and households, and these are often suffering from high energy prices or have no access to sustainable energy supply. At the same time, these clients are vulnerable to extreme weather events, and often hit hardest by the impact of climate change. There are many other examples which show that the financial sector has an enormous potential to support “green” investments. In order to tap this potential on a sustainable basis, it is important to have a sound understanding which role financial institutions can and should play. This book provides a blend of well-founded professional and scientific perspectives on the potential of Environmental finance in developing and transition countries.

Making the Financial System Sustainable

Making the Financial System Sustainable PDF Author: Paul G. Fisher
Publisher: Cambridge University Press
ISBN: 1108909892
Category : Business & Economics
Languages : en
Pages : 363

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Book Description
The EU Action Plan on Financing Sustainable Growth is the most advanced and comprehensive policy agenda on sustainability in the world. But is it going in the right direction? Acting as a bridge between policy and academia, this up-to-date contribution to the global policy debate brings together some of the leading experts from the European Commission's High-Level Expert Group on Sustainable Finance, to discuss how the financial system needs to be reformed to promote sustainability. Finance has long been criticized for being short-term focused and concerned with maximizing returns to intermediaries, rather than with the interests of savers and borrowers. The financial system must now take into account environmental, social and governance considerations to support a sustainable economy and this volume offers new insights on the way forward. A must-read for anyone working on financial sector policy and sustainability.

Understanding Green Finance

Understanding Green Finance PDF Author: Johannes Jäger
Publisher: Edward Elgar Publishing
ISBN: 1803927550
Category : Business & Economics
Languages : en
Pages : 243

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Book Description
Exploring how green finance has become a key strategy for the financial industry in the wake of the 2007-08 financial crisis, this timely book critically assesses the current dominant forms of neoliberal green finance. Understanding Green Finance delivers a pioneering analysis of the topic, covering the essential tenets of green finance with an emphasis on critical approaches to mainstream views and presenting alternatives insights and perspectives.

Managing Climate Risk in the U.S. Financial System

Managing Climate Risk in the U.S. Financial System PDF Author: Leonardo Martinez-Diaz
Publisher: U.S. Commodity Futures Trading Commission
ISBN: 057874841X
Category : Science
Languages : en
Pages : 196

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Book Description
This publication serves as a roadmap for exploring and managing climate risk in the U.S. financial system. It is the first major climate publication by a U.S. financial regulator. The central message is that U.S. financial regulators must recognize that climate change poses serious emerging risks to the U.S. financial system, and they should move urgently and decisively to measure, understand, and address these risks. Achieving this goal calls for strengthening regulators’ capabilities, expertise, and data and tools to better monitor, analyze, and quantify climate risks. It calls for working closely with the private sector to ensure that financial institutions and market participants do the same. And it calls for policy and regulatory choices that are flexible, open-ended, and adaptable to new information about climate change and its risks, based on close and iterative dialogue with the private sector. At the same time, the financial community should not simply be reactive—it should provide solutions. Regulators should recognize that the financial system can itself be a catalyst for investments that accelerate economic resilience and the transition to a net-zero emissions economy. Financial innovations, in the form of new financial products, services, and technologies, can help the U.S. economy better manage climate risk and help channel more capital into technologies essential for the transition. https://doi.org/10.5281/zenodo.5247742

Greening the Financial Sector

Greening the Financial Sector PDF Author: Doris Köhn
Publisher: Springer
ISBN: 9783642051418
Category : Business & Economics
Languages : en
Pages : 250

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Book Description
Environmental finance, particularly energy efficiency and renewable energy (EERE) finance, can and should serve as an interface to other sub-sectors of financial sector promotion such as microfinance, housing finance or agricultural finance. For example, existing clients of financial institutions include small and medium-sized enterprises and households, and these are often suffering from high energy prices or have no access to sustainable energy supply. At the same time, these clients are vulnerable to extreme weather events, and often hit hardest by the impact of climate change. There are many other examples which show that the financial sector has an enormous potential to support “green” investments. In order to tap this potential on a sustainable basis, it is important to have a sound understanding which role financial institutions can and should play. This book provides a blend of well-founded professional and scientific perspectives on the potential of Environmental finance in developing and transition countries.

The role of the European Central Bank in a sustainable financial system

The role of the European Central Bank in a sustainable financial system PDF Author: Nele Braun
Publisher: GRIN Verlag
ISBN: 3346392090
Category : Business & Economics
Languages : en
Pages : 57

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Book Description
Bachelor Thesis from the year 2020 in the subject Business economics - Banking, Stock Exchanges, Insurance, Accounting, grade: 1,3, University of Applied Sciences Darmstadt, language: English, abstract: To pursue a sustainable financial system, it will be essential to involve the financial sector, as well as its participants and authorities. This thesis discussed the role the European Central Bank could play in a transition towards a sustainable financial system. It outlined how climate-related risks can spread to the financial system and why central banks are concerned of them. While introducing possible instruments for a proactive role of the ECB in different policy areas, the thesis also pointed out the restrictions and risks of the ECB to engage. Next to the possible endangering of their institutional independence, the mandate of the ECB was investigated.

Toolkits for Policymakers to Green the Financial System

Toolkits for Policymakers to Green the Financial System PDF Author: Weltbankgruppe
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description
The World Bank works with government policy makers, regulators, central banks, and supervisors in implementing reforms to build a sustainable financial system. Such reforms must align the financial system with the goals of the Paris Agreement on climate change and the Sustainable Development Goals (SDGs). This report aims to provide a comprehensive overview of the range of approaches that public authorities could take to promote green finance and manage climate-related and environmental risks. The toolkits presented in this report aim to help countries set clear and predictable strategies, increase the attractiveness of green investments, and better understand and manage climate-related and environmental risks. Targeted financial public authorities may include Ministries of Finance or related government agencies, as well as central banks and financial supervisors/regulators. The report is not designed to provide an in-depth analysis of each toolkit. Rather, it summarizes the key characteristics of each approach, provides key actions to drive implementation, and references other publications that provide more detailed guidance.

Greening the Financial System

Greening the Financial System PDF Author: Bruno Carrasco
Publisher:
ISBN: 9789292704612
Category :
Languages : en
Pages : 0

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Book Description
This report outlines the opportunities for ADB and other multilateral development banks to help make financial markets in Asia and the Pacific more resilient to climate risk and support the transition to a low carbon economy. Explaining how ADB can play a catalytic role in greening the financial system, the report sets out policy options, assesses the bank's strategic operational priorities, and considers implementation challenges. Analyzing ways ADB can scale up green financing and help financial authorities in developing member countries manage climate risk, it shows how early policy decisions can reduce the impact on regional economic growth.

Handbook of Green Finance

Handbook of Green Finance PDF Author: Jeffrey D. Sachs
Publisher: Springer
ISBN: 9789811302268
Category : Business & Economics
Languages : en
Pages : 0

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Book Description
This handbook deals with various financial instruments, policies, and strategies in a policy-oriented approach for financing green energy projects. Recently, global investment in renewables and energy efficiency has declined, and there is a risk that it will slow further, Clearly, fossil fuels still dominate energy investments. This trend could threaten the expansion of green energy needed to meet energy security, climate, and clean-air goals. Several developed and developing economies are still following pro-coal energy policies. The extra CO2 generated from new coal-fired power plants could more than eliminate any reductions in emissions made by other nations. Finance is the engine of development of infrastructural projects, including energy projects. By providing several thematic and country chapters, this handbook explains that if we plan to achieve sustainable development goals, we need to create opportunities for new green projects and scale up the financing of investments that furnish environmental benefits. New financial instruments and policies such as green bonds, green banks, carbon market instruments, fiscal policy, green central banking, fintech, and community-based green funds are among the chief components that make up green finance. Naoyuki Yoshino is Dean, Asian Development Bank Institute and Professor Emeritus, Keio University. Jeffery Sachs is Director, Center for Sustainable Development at Columbia University. Wing Thye Woo is Professor of Economics, U.C. Davis. Farhad Taghizadeh-Hesary is Assistant Professor, Waseda University.