Green Finance and the Challenges of Climate Change

This book offers a comprehensive and interdisciplinary exploration of green finance as a key lever in addressing the global climate crisis and supporting sustainable development. It provides a timely analysis of financial innovations, regulatory frameworks, and strategic responses that shape the evolving green finance landscape across diverse regions and sectors. The edited volume bridges academic research, financial practice, and policy insight to assess how capital can effectively mobilise toward climate action. Key topics include low-carbon economic transitions, the role of financial institutions and central banks, technological innovation, carbon pricing, emissions trading systems, public-private partnerships, and the financing of renewable energy and sustainable agriculture. The book, incorporating robust empirical evidence, policy analysis, and innovative methodological approaches, identifies best practices and critical gaps that must be addressed to scale green finance. Written by an international consortium of scholars and practitioners, this volume is an essential resource for academics in finance, economics, sustainability, and environmental studies, policymakers, institutional investors, financial regulators, and professionals engaged in sustainable finance, climate risk management, and ESG investing.

Autorentext

Professor Chi Wei Su is a distinguished professor and doctoral supervisor at Qingdao University (China). He is also the dean of the Capital Market Research Institute and the deputy director of the China Center for Financial Inclusion Research. He has been recognized as one of the world s top 2% scientists in 2021 to 2024 by Stanford University, and was listed in the World s Most Influential Researchers list (1% of the World, Clarivate). In addition, he was awarded the title of the International Engineering and Technology Institute Fellow. He is a guest editor of Energy Economics, Economic and Analysis Policy, Romanian Journal of Economic Forecasting, Economic Research- Ekonomska Istrazivanja, Frontiers in Public Health, Environmental Science and Pollution, among others. His research interests focus on the theoretical and practical issues related to green finance, regional economic development, energy, carbon neutrality, and climate change.

Oana-Ramona Lobont is a Full Professor at the Faculty of Economics and Business Administration, West University of Timi oara (WUT), Romania. She is an established researcher whose academic work focuses on the intersection of Environmental and Energy Economics, Green Finance, and Public Policy. Her research adopts interdisciplinary and transdisciplinary approaches, aiming to understand how institutional structures and governance mechanisms influence environmental sustainability, the transition to green energy, and the implementation of climate-related financial policies.

Ana-Cristina Nicolescu is a Full Professor at the Faculty of Economics and Business Administration, West University of Timi oara (WUT), Romania. Her academic background and research activities are centered on corporate finance, applied economics and sustainable development, with a growing focus on the financial dimensions of climate change. Her work reflects an integrative approach to understanding the evolving role of finance in addressing the global climate agenda.

Nicoleta Mihaela Doran is an Associate Professor at the Faculty of Economics and Business Administration, University of Craiova, Romania, where she also serves as a doctoral advisor in Finance within the Doctoral School of Economic Sciences. Her academic and research interests focus on public finance,corporate financial management, fiscal policy, and European Union finance.

Inhalt

The Green Finance Ecosystem: Conceptual Foundations and Theoretical Frameworks.- Green Finance and Social Equity: Bridging the Gap between Sustainability and Inclusivity.- Artificial Intelligence and ESG Disclosure: Measuring Transparency in AI-Driven Firms.- Low-Carbon Transition: The Economic Implications of Climate Change.- Integrating Climate Risk into Financial Stability: A Systemic Perspective.- Climate-Driven Displacement and the Necessity of Green Finance.- Climate Change and Corporate Finance: Risk Management and Strategic Response.- Regulatory landscape in Green Finance: Global standards and local challenges.- Green Finance as a Driver for Sustainable Development: The Role of Emerging Economies.- Leveraging Technological Innovations and FinTech Solutions for Sustainable Green Finance.- Financial Institutions and Central Banks as Catalysts for Green Transformation and Climate Risk Mitigation.- Carbon Pricing and Emissions Trading: Financial Mechanisms for Driving Climate Action and Sustainable Finance.- Public-Private Partnerships Investment in Energy and Carbon Emissions: Multi-Country Evidence.- Financial Development, Environmental Policies, and Green Innovation: Heterogeneous Drivers of Renewable Energy Transition in OECD Countries.- Challenges and Barriers to Scaling Green Finance: Overcoming Policy, Market, and Climate Change Impediment.- The Role of Green Finance in Building Climate Resilience: Financing Adaptive Solutions for Vulnerable Regions.- Sustainable Agriculture Financing: Green Finance for Climate-Smart Agriculture.- The Road Ahead: Future Directions in Green Finance Global Collaboration and Trends for Climate Action.