SF-23: Call for Book Chapters: Climate Change and Finance: Navigating the Challenges and Opportunities in Capital Markets |
Submission link | https://easychair.org/conferences/?conf=sf23 |
Abstract registration deadline | July 15, 2023 |
Submission deadline | September 30, 2023 |
Introduction
Climate change refers to the long-term changes in global weather patterns observed over the past century, largely attributed to human activities, such as the burning of fossil fuels and deforestation. Climate change has significant implications for the environment, human health, and the global economy. One response to climate change has been the development of climate finance, which refers to the financing of projects and initiatives that help to mitigate or adapt to the impacts of climate change. This type of finance has become increasingly important in recent years as climate change has become one of the world’s most pressing issues today. Climate finance is an area that is constantly evolving as the world faces the urgent challenge of mitigating and adapting to climate change.
Financial markets play a critical role in climate finance as they are a major funding source for many projects and initiatives to address climate change. For instance, banks and investors can provide loans and capital to companies developing renewable energy projects, building energy-efficient infrastructure, or implementing climate-smart agricultural practices.
Moreover, the importance of climate finance in financial markets goes beyond just funding environmental initiatives. Investors and financial institutions are increasingly factoring in climate risks and opportunities into their decision-making processes, including assessing the financial risks of climate change and the potential impact of new regulations and policies to reduce greenhouse gas emissions.
Overall, climate finance is vital for achieving sustainability goals and reducing the impacts of climate change. As such, financial markets must lead in directing capital toward climate-friendly projects and initiatives while ensuring they adequately manage climate risks in their portfolios.
The book “Climate Change and Finance: Navigating the Challenges and Opportunities in Capital Markets” is a collection of the recent developments in climate change and climate finance. As the global community seeks to address the impacts of climate change, financial institutions are being called upon to play a more significant role in supporting the transition to a sustainable economy. This includes incorporating climate risks into investment decisions, developing new financial products that support climate-friendly investments, and promoting greater transparency and accountability in the financial sector.
The Objective of the Book
The book will comprehensively analyze how climate change impacts the global financial system and explore potential solutions that can help address these challenges. The book aims to examine the complex interplay between climate change and finance, including the role of climate risk in financial decision-making, the challenges and opportunities presented by the growing demand for climate finance, and the potential for innovative financial instruments and policies to support the transition to a low-carbon economy.
Target audience
The target audience will be academics and researchers in finance, economics, and environmental studies; Policy makers and government officials involved in climate change and financial regulation; Investors, Business leaders; Students and professionals with a strong interest in the intersection of climate change and finance.
Research questions
This book tries to answer the following questions:
- How can financial institutions incorporate climate risk into their decision-making processes, and what are the implications for financial stability and systemic risk?
- What is the current state of climate finance, and what are the key challenges in financing the transition to a low-carbon economy?
- What are the most effective policy and regulatory frameworks for incentivizing private sector investment in climate mitigation and adaptation projects?
- What role do green bonds, carbon markets, and other innovative financial instruments play in mobilizing private capital for climate action?
- How can financial innovation and fintech solutions be leveraged to facilitate the transition to a low-carbon economy and improve climate resilience?
- What are the ethical and social implications of climate finance, and how can financial institutions ensure that their investments are aligned with the principles of sustainable development?
- What are the key challenges and opportunities for emerging economies in accessing climate finance and participating in the global climate action agenda?
- How can climate finance contribute to achieving the Sustainable Development Goals (SDGs), and what are the implications for global economic governance?
- How can financial education and literacy be improved to increase public awareness of the links between climate change and finance and empower individuals to make more sustainable financial decisions?
- What are the prospects for scaling up climate finance and achieving the Paris Agreement goals, and what are the implications for the future of finance and the global economy?
Recommended topics
The topics of this book include, but are not limited to, the following:
- Carbon markets and trading: This topic could delve into the concept of carbon markets and the mechanisms used for trading carbon credits. It could also examine the effectiveness of such markets in reducing greenhouse gas emissions.
- Climate policy and regulation: This topic could examine the different policy frameworks and regulations governments have implemented to address climate change. It could also explore the role of international agreements such as the Paris Agreement in driving action on climate change.
- Technological innovation and climate change: This topic could examine the potential of new technologies such as renewable energy, carbon capture and storage, and electric vehicles to reduce greenhouse gas emissions and support a low-carbon economy.
- Social and environmental justice: This topic could explore climate change's social and environmental implications and the distributional impacts of climate policies and investments. It could also examine the role of finance in promoting social and environmental justice.
- Corporate sustainability and climate change: This topic could examine how corporations integrate sustainability and climate change considerations into their operations and strategies. It could also explore the role of investors in promoting corporate sustainability.
- Climate finance and investment: This topic could examine the various sources of climate finance, such as public and private investment, and how they can be leveraged to support the transition to a low-carbon economy. It could also explore the role of financial institutions in promoting sustainable finance.