This book offers a comprehensive discussion of how green finance has been growing thus far and explores the opportunities and key developments ahead, with particular emphasis on Europe. The main features of the market, the key products, the issue of correctly defining green finance, the main policy actions undertaken, the risk of green washing and the necessary steps to mainstream green finance are discussed in depth. In addition, the book analyses some highly relevant aspects of the market that so far have not been sufficiently explored in the policy, industry and academic debate. This includes the potential role of digitalisation and blockchain in fostering green finance, the crucial role of the effective financing of the agriculture to reach climate and environmental targets and the possible relationship between sustainable finance and other forms of "alternative" finance. This book will be of interest to academics, practitioners, financial institutions and policy makers involved in green finance and to the finance industry in general.
Author(s): Marco Migliorelli, Philippe Dessertine
Series: Palgrave Studies In Impact Finance
Publisher: Palgrave Macmillan
Year: 2019
Language: English
Pages: 283
Tags: Investments And Securities, Green Finance, Europe
Front Matter ....Pages i-xx
Front Matter ....Pages 1-1
An Overview of Green Finance (Romain Berrou, Philippe Dessertine, Marco Migliorelli)....Pages 3-29
Defining Green Finance: Existing Standards and Main Challenges (Romain Berrou, Nicola Ciampoli, Vladimiro Marini)....Pages 31-51
The Development of Green Finance by Sector (Olaf Weber, Amr ElAlfy)....Pages 53-78
Sustainable Finance Management (Giovanni Ferri, Francesca Lipari)....Pages 79-93
Financial Performances of Green Securities (Dirk Schiereck, Gunnar Friede, Alexander Bassen)....Pages 95-117
Institutional Initiatives to Foster Green Finance at EU Level (Vladimiro Marini)....Pages 119-149
Front Matter ....Pages 151-151
From Transaction-Based to Mainstream Green Finance (Marco Migliorelli, Philippe Dessertine)....Pages 153-174
The Development of Green Finance in EU Agriculture: Main Obstacles and Possible Ways Forward (Marco Migliorelli)....Pages 175-206
Fintech, Digitalization and Blockchain: Possible Applications for Green Finance (Gregor Dorfleitner, Diana Braun)....Pages 207-237
Sustainable Finance: A Common Ground for the Future in Europe? (Silvio Goglio, Ivana Catturani)....Pages 239-261
Green Finance Today: Summary and Concluding Remarks (Marco Migliorelli, Philippe Dessertine)....Pages 263-271
Back Matter ....Pages 273-275
