Environmental finance and green banking are central drivers of the transition to a sustainable economy and essential components in solutions to climate change. This book presents the latest research on theory and practices in these interdisciplinary fields, incorporating both public and corporate finance. It introduces three parts - environmental investing and financing, green banking and environmental policies in the public sector. The book explores the current trends, dynamics and ways forward for environmental finance and green banking, including fundamental theories (e.g., environmental Kuznets curve) and comparisons between traditional and green bond efficiency, corporate governance practices and disclosure, green central banking, climate finance, sustainable strategies, green Islamic banking, and public climate fund management in multi-country contexts. The contributors to this book highlight significant challenges ahead while recognizing potential opportunities, such as the revolution in green investments and trading in green bonds. This book is a welcome addition to the literature on environmental economics and finance and the economics of sustainability and climate change.
About the Author: Sergey Sosnovskikh is a lecturer in International Business and Strategy at the Salford Business School, University of Salford, UK. Previously, he worked at De Montfort University, UK, the University of Greenwich, UK, and Ural Federal University, Russia, teaching various undergraduate and postgraduate modules, including international business, economics, research methods, marketing and business ethics. He is a Certified Management and Business Educator. In 2018, Sergey completed his PhD at the University of Greenwich, investigating the development of special economic zones and industrial parks in Russia. His research interests include political economy, state-business relations, industrial clusters, institutional economics and macroeconomics. Sergey has diverse experience working in leading companies in different industry sectors, including banking, maritime transport, investor relations, construction and public services. He conducted consultancy projects for the government and private companies in the UK and Russia.
Samsul Alam is an Associate Professor in Accounting and Financial Management at Sheffield University Management School, UK. He is a leading expert with experience in creating real-world impact around such research areas as corporate governance, environmental disclosure, climate finance, tourism finance and sustainability. Samsul's research has been featured in 50+ global news media, including Forbes, Yahoo News!, The Guardian and The Telegraph. He has extensively published in top-tier journals, including the Journal of Corporate Finance, Journal of Business Ethics, Annals of Tourism Research, Journal of Travel Research, International Review of Financial Analysis, Energy Economics, Energy Policy, Transportation Research Part D: Transport and Environment and Review of Quantitative Finance and Accounting. In addition to these academic papers, Samsul has a wide range of experience in external engagement. Samsul received numerous competitive research grants from the UK (including ESRC), Australia, Japan and Bangladesh. Before joining the University of Sheffield, Samsul was an Associate Professor at De Montfort University, UK. He also held leadership positions such as Associate Head of the Department and Faculty Lead for Research-led Knowledge Transfer.