Download or read book Sustainable Finance in Europe written by Danny Busch and published by Springer Nature. This book was released on with total page 732 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Sustainable Finance in Europe written by Danny Busch and published by Springer Nature. This book was released on 2021-07-05 with total page 512 pages. Available in PDF, EPUB and Kindle. Book excerpt: The aim of this edited volume is to bring together the views of expert academics and practitioners on the latest regulatory developments in sustainable finance in Europe. The volume includes a wide range of cutting-edge issues, which relate to three main themes along which the volume is structured: (1) corporate governance; (2) financial stability; and (3) financial markets. With individual contributions deploying different methods of analysis, including theoretical contributions on the status quo of macro-financial research as well as law and economics approaches, the collection encourages interdisciplinary readership and will appeal to those researching capital markets law, European financial law, and sustainable finance, as well as practitioners within the finance industry.
Download or read book Regulating Sustainable Finance in Europe written by Tadas Zukas and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The European Sustainable Finance Action Plan marked its 5th anniversary in 2023. Since its publication in 2018, the Action Plan reshaped the European sustainable finance. It has also substantially impacted the European and global sustainable finance debate. As this book goes to publication, the Action Plan's four key regulations are now all in force. The sustainable finance market is also in the process of reaching a new level of maturity in tackling greenwashing. The new European regulatory architecture for sustainable finance is getting closer and closer to its conceptual completion. The book offers an in-depth overview of this new emerging field of European law. It starts with a discussion of the purpose and underlying principles of the new European regulatory framework for sustainable finance, proceeds with an analysis of the four key regulations that have emerged out of the Action Plan's legislative agenda and closes with a section on tackling greenwashing. / The European Sustainable Finance Action Plan marked its 5th anniversary in 2023. Since its publication in 2018, the Action Plan reshaped the European sustainable finance. It has also substantially impacted the European and global sustainable finance debate. As this book goes to publication, the Action Plan's four key regulations are now all in force. The sustainable finance market is also in the process of reaching a new level of maturity in tackling greenwashing. The new European regulatory architecture for sustainable finance is getting closer and closer to its conceptual completion. The book offers an in-depth overview of this new emerging field of European law. It starts with a discussion of the purpose and underlying principles of the new European regulatory framework for sustainable finance, proceeds with an analysis of the four key regulations that have emerged out of the Action Plan's legislative agenda and closes with a section on tackling greenwashing.
Download or read book Information as a Driver of Sustainable Finance written by Nadia Linciano and published by Springer Nature. This book was released on 2022-06-30 with total page 349 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Sustainable Development Goals introduced by the United Nations in 2016 call for the significant mobilisation of finance. However, although sustainable investments are steadily increasing, there still remain large gaps within financing and the information that financial markets rely on is often incomplete or incorrect. For instance, the financial system has been structured around short-term frameworks and goals while the most pressing environmental and social challenges are long-term. Prices do not convey the cost of externalities associated with social and environmental challenges. It is therefore important to implement the effective pricing of externalities and create a common language and taxonomy between investors, issuers and policy-makers in order to best serve sustainable development. Addressing this challenge, the authors delve deeper into the levers that can be pulled within the financial system to prompt an efficient ecosystem of sustainability-related information, allowing social and environmental externalities to be incorporated into the decision-making process of all market agents. Incentives needed for investors, issuers and intermediaries are proposed along with regulation that can trigger these incentives. This book offers a comprehensive collection of chapters which explore the ongoing evolution of the European regulatory framework, providing essential reading for policymakers, practitioners and researchers alike.
Download or read book The Rise of Green Finance in Europe written by Marco Migliorelli and published by Springer Nature. This book was released on 2019-11-20 with total page 283 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Sustainable Finance and Climate Change written by René Smits and published by Edward Elgar Publishing. This book was released on 2024-04-12 with total page 425 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sustainable Finance and Climate Change explores the legal and regulatory framework that governs the transition to a carbon free economy, looking in particular at the regulation of the financial sector and corporate liability for climate change and biodiversity loss. In addition it looks at the effect on general corporate law, environmental law, central bank law, as well as litigation and arbitration.
Download or read book Sustainable Finance in the European Union and Belgium written by Veerle Colaert and published by . This book was released on 2021 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is the result of an intensive cooperation between the European Association for Banking and Financial Law (AEDBF Belgium), Forum Compliance, and the Jan Ronse Institute for Corporate and Financial Law (KU Leuven).00The European Commission?s Sustainable Finance Action Plan has resulted in a review of the entire body of financial regulation, at a remarkable pace. No area of financial regulation remains untouched. For the financial sector, the impact is immense: almost all processes will have to be reassessed and possibly amended. 00On the most remarkable innovations, this book offers contributions, grouped in four themes. A first part ? ?What Is Sustainable Finance?? ? features contributions on taxonomy, sustainability labels and ESG-related bonds. A second part takes the perspective of corporations, with contributions on sustainable governance, the Non-Financial Reporting Directive and the proposed Corporate Sustainability Reporting Directive. A third part assesses the impact of sustainable finance on prudential regulation and supervision. The fourth and final part relates to sustainable finance regulation with a predominant investor protection objective, with contributions on the Sustainable Finance Disclosure Regulation, the sustainable finance-related changes to the MiFID and IDD frameworks, and the role of the conduct of business supervisor.00For everyone working in the financial sector, the sustainable finance movement represents an increased permanent education challenge. With this book, we hope to have contributed to this endeavour.0.
Download or read book Digitalisation Sustainability and the Banking and Capital Markets Union written by Lukas Böffel and published by Springer Nature. This book was released on 2022-12-30 with total page 439 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book covers three topics that have dominated financial market regulation and supervision debates: digital finance, sustainable finance, and the Banking and Capital Markets Union. Within the first part, seven chapters will tackle specific questions arising in digital finance, including but not limited to artificial intelligence, tokenisation, and international regulatory cooperation in digital financial services. The second part addresses one of humanity’s most pressing issues today: the climate crisis. The quest for sustainable finance is driven by political actors and a common understanding that climate change is a severe threat. As financial institutions are a cornerstone of human interaction, they are in the regulatory spotlight. The chapters explore sustainability in EU banking and insurance regulation, the interrelationship between systemic risk and sustainability, and the ‘greening’ of EU monetary policy. The third part analyses two projects that have led to huge structural changes in the European financial market architecture over the last decade: the European Banking Union and Capital Markets Union. This transformation has raised numerous legal questions that can only gradually be answered in all their intricacies. In four chapters, this book examines composite procedures, property rights of depositors in banking resolution, preemptive financing arrangements and the phenomenon of subsidiarisation in the context of Brexit. Of interest to academics, policymakers, practitioners, and students in the field of EU financial regulation, banking law, securities law, and regulatory law, this book offers a compilation of analyses on pressing banking and capital markets law problems.
Download or read book Digital Finance in Europe Law Regulation and Governance written by Emilios Avgouleas and published by Walter de Gruyter GmbH & Co KG. This book was released on 2021-12-20 with total page 291 pages. Available in PDF, EPUB and Kindle. Book excerpt: Global finance is in the middle of a radical transformation fueled by innovative financial technologies. The coronavirus pandemic has accelerated the digitization of retail financial services in Europe. Institutional interest and digital asset markets are also growing blurring the boundaries between the token economy and traditional finance. Blockchain, AI, quantum computing and decentralised finance (DeFI) are setting the stage for a global battle of business models and philosophies. The post-Brexit EU cannot afford to ignore the promise of digital finance. But the Union is struggling to keep pace with global innovation hubs, particularly when it comes to experimenting with new digital forms of capital raising. Calibrating the EU digital finance strategy is a balancing act that requires a deep understanding of the factors driving the transformation, be they legal, cultural, political or economic, as well as their many implications. The same FinTech inventions that use AI, machine learning and big data to facilitate access to credit may also establish invisible barriers that further social, racial and religious exclusion. The way digital finance actors source, use, and record information presents countless consumer protection concerns. The EU’s strategic response has been years in the making and, finally, in September 2020 the Commission released a Digital Finance Package. This special issue collects contributions from leading scholars who scrutinize the challenges digital finance presents for the EU internal market and financial market regulation from multiple public policy perspectives. Author contributions adopt a critical yet constructive and solutions-oriented approach. They aim to provide policy-relevant research and ideas shedding light on the complexities of the digital finance promise. They also offer solid proposals for reform of EU financial services law.
Download or read book Sustainable Finance in Europe written by Danny Busch and published by . This book was released on 2021 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edited volume brings together the views of expert academics and practitioners on the latest regulatory developments in sustainable finance in Europe. The volume includes a wide range of cutting-edge issues, which relate to three main themes along which the volume is structured: (1) corporate governance; (2) financial stability; and (3) financial markets. With individual contributions deploying different methods of analysis, including theoretical contributions on the status quo of macro-financial research as well as law and economics approaches, the collection encourages interdisciplinary readership and will appeal to those researching capital markets law, European financial law and sustainable finance, as well as practitioners within the finance industry. Danny Busch is Full Professor (Chair) of Financial Law at Radboud University, in the Netherlands, where he is also the founding Director of the Financial Law Centre. He is a Fellow of the Commercial Law Centre, University of Oxford, UK and Visiting Professor at Università Cattolica del Sacro Cuore di Milano, Italy and at Université de Nice Côte d'Azur, France. He also is a member of the Dutch Appeals Committee of the Financial Services Complaints Tribunal (KiFiD, an ADR-body). Guido Ferrarini is Emeritus Professor of Business Law at the University of Genoa. in Italy. He is a founder and fellow of the European Corporate Governance Institute (ECGI), a member of the European Company Law Experts (ECLE) Group, an Academic member of the Jean Monnet Centre of Excellence on Sustainable Finance and Law (EUSFiL) and an Academic Member of the European Banking Institute. He is chairman of an alternative finance platform and board member of a private bank. Seraina Grünewald holds the Chair for European and Comparative Financial Law at Radboud University Nijmegen, in the Netherlands, where she is also a member of the core team of the interdisciplinary Radboud Centre for Sustainability Challenges. She is a member of the Academic Board of the European Banking Institute and a research fellow of the interdisciplinary University Research Priority Programme on Financial Market Regulation at the University of Zurich, Switzerland.
Download or read book The Cambridge Handbook of EU Sustainable Finance written by Kern Alexander and published by Cambridge University Press. This book was released on 2024-07-31 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This essential reference work explores the role of finance in delivering sustainability within and outside the European Union. With sustainability affecting core elements of company, banking, and capital markets law, this handbook investigates the latest regulatory strategies for protecting the environment, delivering a fairer society, and improving governance. Each chapter is written by a leading scholar who provides a solid theoretical approach to the topic while focusing on recent developments. Looking beyond the European Union, the book also covers relevant developments in the US, the UK, and other major jurisdictions. Thorough and comprehensive, this volume is a crucial resource for scholars, policymakers, and practitioners who aim for a greener world, a more equitable society, and better-managed corporations.
Download or read book Great Expectations of Sustainable Finance written by Jennifer de Lange-Collins and published by . This book was released on 2024 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The adoption, in 2015, of both the Sustainable Development Goals and the Paris Agreement focused attention on a fundamental rethinking of many aspects of society. Indeed, the European Commission’s 2018 Sustainable Finance Action Plan called for a comprehensive shift in how the financial system works. This research explores the expectations of a sustainable financial system and critically assesses the extent to which the EU’s sustainable finance strategy, and the regulations adopted pursuant to that strategy, align with, exceed, or fall short of such expectations.The research makes three principal contributions. First, it develops an assessment framework for the critical analysis of sustainable finance strategy and regulation. Second, it presents a series of critical analyses covering the 2018 Action Plan, the Taxonomy Regulation, the SFDR and a series of amendments to existing capital markets regulations. Finally, the research offers seven concrete suggestions as to how the EU could develop a sustainable finance strategy that is more coherent, transparent, and better aligned with expectations of a sustainable financial system. In particular, it is suggested that (i) more realistic intentions are communicated, (ii) inclusiveness is better safe-guarded, (iii) a stronger conception of sustainability is adopted, (iv) greater transparency is provided with respect to the contribution of the financial system to both sustainability goals and inequitable outcomes, (v) financial regulation be reclaimed from the economic rationale, (vi) a regulatory architecture based on free-choice may be insufficient to reposition the financial system towards sustainability, and that (vii) methods be developed to manage conflicts of interest arising as a result of the co-regulatory approach adopted pursuant to EU sustainable finance regulation. The research primarily employs a critical legal studies methodology. It also, however, draws on the methodologies and work of scholars in the fields of rhetorical analysis, historical narrative analysis, systems thinking, law and economics and utilises Kuhn’s theory of paradigm shifts. The study illustrates how academic research, through the methodical construction and application of a critical assessment framework, can contribute to a better understanding of and, as necessary, the realignment of policy."--
Download or read book Contemporary Issues in Sustainable Finance written by Mario La Torre and published by Springer Nature. This book was released on 2020-07-01 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sustainable investments, although not yet working under a comprehensive regulatory framework, represent a growing, worldwide phenomenon. Such growth reflects the renewed public and private interest in environmental issues such as climate change, poverty and financial inclusion, as well as growing support from conscious investors looking to finance environmental and social initiatives. However, despite the interest that sustainable investments are gaining among governors, investors and practitioners, important challenges remain that must be addressed. Comprising a collection of research presented at the 2nd Social Impact Investments International Conference, this contributed volume offers a global analysis of the current state of the sustainable finance sector, proposing solutions to challenging obstacles and exploring topics including impact investing, social impact bonds and green banking. Providing real-life case studies from Europe, Latin America and Africa, this book is an insightful and timely read for scholars interested in sustainable finance, social impact investing, development finance and alternative finance.
Download or read book Regulating Finance in Europe written by HŽritier, Adrienne and published by Edward Elgar Publishing. This book was released on 2021-11-05 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: This timely book presents an in-depth investigation of who benefits from European financial market regulatory measures and how decision-makers and stakeholders are held politically and administratively accountable. The extensive study illustrates the full range of the actors involved in key regulatory processes such as the regulation of high-frequency trading and the activities of central-clearing counterparties.
Download or read book EU Sustainable Finance written by Olga Corbal Garcia and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book European Sustainable Finance Regulation written by Tadas Zukas and published by . This book was released on 2024 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Building a Single Market for Sustainable Finance in the EU Idealism Policy and Mixed Messages written by Iris H-Y. Chiu and published by . This book was released on 2020 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the European Commission adopted an action plan for promoting sustainable finance in 2018, legislative reform has been introduced for enhanced market building in sustainable finance products as well as to harmonize the regulative standards for them. Regulation is intended to mobilize the mainstream investment fund sector to develop and provide choice in their offers of sustainable financial products, hence it can be regarded as enabling in nature. It is also in the nature of harmonized European regulation to provide for sufficiently high-quality regulative and protective standards so that market development is carried out in a manner that inspires market confidence. This is consistent with the ordoliberal underpinnings of single market regulatory measures in the financial sector. However, regulative standards tend towards high-quality in order to underpin market credibility, but they may sometimes be counterproductive if 'idealism' becomes too demanding. This article examines the Regulation on sustainability disclosures required of the financial services sector and the Taxonomy Regulation in their roles to make sustainable finance products widely marketised by the mainstream investment funds sector. It examines the finely balanced nature of the EU's governance of sustainable finance as its enabling elements and regulative ones interact. We argue that the net result is mixed messages to the market which may not lead to significant development in market structures and product choice. We further interrogate a lacuna in law that investment advice is not adequately regulated in relation to sustainable financial product offerings.
