Green Finance and Sustainable Development Goals

The pressing challenges of climate change, environmental degradation, and social inequities have elevated the discourse on sustainable development to unprecedented heights. In this context, the integration of green finance within the framework of the UN’s Sustainable Development Goals (SDGs) has emerged as a critical pathway to address these global imperatives. This new book, Green Finance and Sustainable Development Goals, delves into the intricate interplay between financial mechanisms and sustainable development, offering a comprehensive exploration of how financial markets, instruments, and policies can be harnessed to achieve a more sustainable and equitable world.

Structured to provide a holistic understanding of green finance and its alignment with the SDGs, the book first lays the groundwork by elucidating the fundamental principles of green finance and the SDGs, tracing their evolution, significance, and the synergies between them. It goes on to look at specific financial instruments such as green bonds, sustainability-linked loans, and impact investing, illustrating how these tools are mobilized to fund sustainable initiatives.

The book also addresses the regulatory frameworks and policy environments that are essential for fostering a robust green finance ecosystem. Case studies from various regions and sectors provide practical insights into the successes and challenges encountered in implementing green finance strategies. These real-world examples highlight the innovative approaches taken by governments, financial institutions, and businesses to integrate sustainability into their operations and investments.

The interdisciplinary nature of this book reflects the multifaceted challenges and opportunities inherent in aligning finance with sustainable development. With contributions from experts in finance, economics, environmental science, and policy studies to ensure a well-rounded perspective, this book a valuable resource for scholars, practitioners, policymakers, and anyone committed to advancing sustainable development.

Vikas Garg, PhD, is an Associate Professor of Management at the Symbiosis Institute of Business Management, Noida, Symbiosis International (Deemed University), Pune, India. He has more than 20 years of experience with over 10 PhD scholars under his guidance. He has published numerous research papers in various Scopus- and ABDC-indexed international and national journals. He is acting as Associate Editor of the Journal of Sustainable Finance and Investment (indexed in the WoS and Scopus). He is also acting as the Book Series Editor with Taylor and Francis for two book series: Technology Innovations: Strategies for Business Sustainability and Growth and Emerging Trends in Technology in Management and Commerce, and one with Apple Academic Press for Electronic Commerce Management for Business. He has been working with new innovative ideas in the field of patents and copyrights. He has been the lead organizer in conducting various international conferences, workshops, and case study competitions, including those affiliated with IEEE. He has been conferred with many national and international awards for being the best academician, researcher, and employee.

Krishnendu Ghosh, PhD, is currently associated with the School of Management at Bennett University, Greater Noida, Uttar Pradesh, India, as Associate Professor and Area Chair of Accounting and Finance. He has more than 20 years of teaching experience at different top-level undergraduate and postgraduate academic institutions in India. Dr. Ghosh has also been an active contributor in publications in many reputed national and international journals. He has also edited books and has attended several seminars, conferences, and workshops and has also presented research papers at different national and international conferences. He is a regular reviewer for many reputed international journals.

Ronita Ram, PhD, is an Associate Professor of Accounting at Henley Business School at the University of Reading, UK, since 2015, where she is also the Director of Postgraduate Research in Accounting. Dr. Ram’s research interest focuses on the development of IFRS (International Financial Reporting Standards), use of IFRS, and sustainability reporting. She has published in a number of international journals as well as being a reviewer for a number of accounting journals. Dr. Ram has over 15 years of teaching and research experience at the tertiary level, and she specializes in teaching IFRS at both undergraduate and postgraduate levels. She has previously also taught as a lecturer at the University of Sydney in Australia and at the University of the South Pacific in Fiji. Dr. Ram is a qualified accountant and member of the Chartered Accountants Australia and New Zealand. She is also a member of the UK Endorsement Board (UKEB) Academic Advisory Group and is part of the UKEB’s sustainability working group. Dr. Ram has a PhD in accounting from the University of Sydney, Australia.