E-Book Overview
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.
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PALGRAVE STUDIES IN IMPACT FINANCE The Rise of Green Finance in Europe Opportunities and Challenges for Issuers, Investors and Marketplaces Edited by Marco Migliorelli · Philippe Dessertine Palgrave Studies in Impact Finance Series Editor Mario La Torre Sapienza University of Rome Rome, Italy The Palgrave Studies in Impact Finance series provides a valuable scientific ‘hub’ for researchers, professionals and policy makers involved in Impact finance and related topics. It includes studies in the social, political, environmental and ethical impact of finance, exploring all aspects of impact finance and socially responsible investment, including policy issues, financial instruments, markets and clients, standards, regulations and financial management, with a particular focus on impact investments and microfinance. Titles feature the most recent empirical analysis with a theoretical approach, including up to date and innovative studies that cover issues which impact finance and society globally. More information about this series at http://www.palgrave.com/gp/series/14621 Marco Migliorelli • Philippe Dessertine Editors The Rise of Green Finance in Europe Opportunities and Challenges for Issuers, Investors and Marketplaces Editors Marco Migliorelli IAE Université Paris 1 PanthéonSorbonne (Sorbonne Business School) Paris, France Philippe Dessertine IAE Université Paris 1 PanthéonSorbonne (Sorbonne Business School) Paris, France European Commission, Brussels Belgium ISSN 2662-5105 ISSN 2662-5113 (electronic) Palgrave Studies in Impact Finance ISBN 978-3-030-22509-4 ISBN 978-3-030-22510-0 (eBook) https://doi.org/10.1007/978-3-030-22510-0 © The Editor(s) (if applicable) and The Author(s), under exclusive licence to Springer Nature Switzerland AG 2019 This work is subject to copyright. All rights are solely and exclusively licensed by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the