Green Finance in the European Union

1. Auflage 2024
ISBN: 978-1-032-56260-5
Verlag: Routledge

Buch, Englisch, 260 Seiten, Format (B × H): 161 mm x 240 mm, Gewicht: 558 g

Reihe: Routledge International Studies in Money and Banking

While global challenges continue to reshape the here and now, public and corporate finance management needs to adapt quickly to increase the efficiency of institutions, enterprises and policies to face our new reality. There are very few publications that offer a comprehensive approach to the financing of environmental protection activities by the European Union. This book explores this topic from various angles and levels, as well as highlighting the determinants that influence micro- and macro-level decisions in this area.

It presents an in-depth and unique analysis of the sources of funding for environmental measures implemented by European Union institutions, against the backdrop of national expenditure by Member States, and analyses the plausibility of the adopted targets in the run-up to 2050, in the context of the war in Ukraine and ad hoc energy policy solutions. This book is a voice in an ongoing discussion among the community of practitioners and theoreticians on sources of financing for the energy transition to achieve independence from Russian sources in the quickest possible timeframe. It demonstrates that environmental measures cannot occur without the financial participation of economic actors and financial institutions, particularly the capital market, and further underscores the scale of involvement in environmental projects, as measured by the value of green loans and green bonds covered by European financial institutions. The authors offer policy recommendations for financing activities related to environmental policy, notably energy transition.

This book will appeal to scholars, students and researchers of corporate finance, banking, strategic and public finance management as well as polic-ymakers and practitioners involved in green finance investments.

Zielgruppe

Postgraduate

Autoren/Hrsg.

Postu¿a, Marta

Postula, Marta

Lipski, Mariusz

Fachgebiete

• Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Finanzsektor & Finanzdienstleistungen: Allgemeines
• Geowissenschaften Umweltwissenschaften Nachhaltigkeit
• Wirtschaftswissenschaften Volkswirtschaftslehre Umweltökonomie
• Wirtschaftswissenschaften Volkswirtschaftslehre Öffentliche Finanzwirtschaft, Besteuerung
• Wirtschaftswissenschaften Volkswirtschaftslehre Internationale Wirtschaft Entwicklungsökonomie & Emerging Markets
• Wirtschaftswissenschaften Volkswirtschaftslehre Volkswirtschaftslehre Allgemein

Inhaltsverzeichnis

Introduction 1. Implementation of the European climate goals as an economic challenge to the public and private sector 2. Efficiency of environmental taxes and of the EU countries’ public spending on climate action 3. Involvement of the financial sector in green investments 4. Assessing the efficiency of public and private sector financing of environmental measures Conclusion

Über Autor(innen)

Marta Postula is the Head of the Finance and Accounting department at the Faculty of Management, University of Warsaw, Warsaw, Poland.

Mariusz Lipski is an assistant professor at the Risk Management Unit in the Institute of Corporate Finance and Investment, Collegium of Business Administration, SGH Warsaw School of Economics, Warsaw, Poland.