Recent Developments in Green Finance, Green Growth and Carbon Neutrality

Recent Developments in Green Finance, Green Growth and Carbon Neutrality explains the role of green finance in transforming the global economy into a green and carbon neutral one. It explores the synergy between green growth strategy and green finance policy (2G) and carbon neutrality in an economic-environmental-financial framework that helps readers understand how to design a feasible path toward achieving carbon neutrality through economical initiatives and financial innovations. It also shows how to apply the notion of green growth to organizations and illustrates the need for a theory of energy economics that estimates the economic benefits of a low-carbon transition and carbon neutrality. It begins with an introductory section which includes historical background and relevant literature necessary to understand the topic, defines the notions of green finance, green growth, and carbon neutrality from an economic perspective, and introduces the conceptual framework. It goes on to cover models and methods of carbon neutrality assessment, the nexus between carbon neutrality and economic development, green growth and financial development, green finance and green energy exploration and consumption, and more. Two chapters specifically focused on UN SDGs 7 and 13 round out the book, and it concludes with a final section that gathers and integrates the concepts discussed throughout the book. Researchers and practitioners interested in environmental and energy policy, impact assessment of socio-economic liberalization, and policy design for sustainable development will find this an invaluable resource for designing effective energy, financial and environmental policies within a carbon neutrality framework. Uses green finance and green growth to develop a framework for achieving a carbon neutral society Brings together the current knowledge in this field of research, then goes further to explain relevant concepts and the theoretical and empirical relationship between carbon neutrality, green growth, and green finance Includes two chapters dedicated to a discussion of the United Nations Sustainable Development Goals 7 and 13 which underpin this book