The Routledge Handbook of Green Finance

Edited By Othmar M. Lehner, Theresia Harrer, Hanna Silvola, and Olaf Weber
Routledge, 2024

Summary

Green finance is heralded in theory and practice as the new panacea—the ideal way to support the green transition of businesses into more sustainable, environmentally responsible forms, by means of incentivised financial investments. This handbook brings together a variety of expert scholars with industry specialists to offer an authoritative overview of green finance to date, presenting the current situation in the field. It focuses on green finance in a comprehensive way, discussing its characteristics, underlying principles, and mechanisms.

The book carefully illuminates the issues surrounding green finance and delineates its boundaries, mapping out and displaying the disparate voices, traditions, and professional communities engaged in green and sustainable finance activities. Specifically, it examines the “environmental” in the environmental, social, and governance (ESG) measurements, while also discussing the interplay between each measurement. It develops a range of analytic approaches to the subject, both appreciative and critical, and synthesizes new theoretical constructs that make better sense of hybrid financial relationships. Furthermore, the handbook illustrates existing best practices and theories, and critically examines the gaps to derive the necessary future research questions. It highlights the essential issues and debates and provides a robust research agenda. As such, it helps to create an effective market for the various green financing instruments through clarification and standardisation.

This handbook could be helpful to a broad audience, encompassing scholars, researchers, and students but also interested professionals, regulators, and policymakers wishing to orient themselves in a rapidly developing and increasingly topical field.

Further Reading