Call for exclusive book chapters: “Handbook of environmental and green finance: Towards a sustainable future”

Description

Call for exclusive book chapters:
“Handbook of environmental and green finance: Towards a sustainable future”
to be published by World Scientific Publishing, October/November 2022

Editors
Sabri Boubaker, EM Normandie Business School, Paris, France
Thai-Ha Le, Fulbright School of Public Policy & Management, Fulbright University Vietnam, Ho Chi Minh City, Viet Nam

Book description

For the past year and a half, the world’s hottest topic seems to revolve around COVID-19. Since its appearance from the beginning of 2020, the pandemic has undeniably wreaked havoc on global trade, profoundly affecting people’s lives and having a significant impact on economic growth worldwide. Many people regard COVID-19 as “the fury of nature.” However, there are still ongoing critical problems facing the world, even in the context of the pandemic that have not cooled down, one of which is climate change. The recent unusual extreme weather conditions thrusted climate change into media limelight and forefront of the public agenda. It also spurred numerous debates on how climate change is altering our environment. Nowadays, climate change is receiving special attention from many organizations, countries, and governments worldwide because of its profound influence on the global economy and people’s lives. Natural disasters, prolonged drought can destroy infrastructure, threaten crops and food production, as well as people’s lives and lead to mass migration. The effects of climate change are evident everywhere globally and appear to be more severe than ever before.

Emerging markets and developing countries are facing a dual challenge. They are not only the most vulnerable to climate change but also the least able to afford its consequences due to the lack of financial resources. On the other hand, an affordable energy supply is crucial to further socio-economic development in the developing world. Consequently, fossil fuels, as the life-blood of the modern economy, still dominate energy investments. It is opined that carbon pricing and other fiscal policies have a key role in reducing emissions and mobilizing domestic financial resources (Grippa et al., 2019).

It is a positive sign that more and more businesses and organizations are ready to change for this green transformation. Environmental, social, governance (ESG) criteria began to attract great attention from the business world with many new strategies, new sources of capital, and new financial tools towards sustainability goals continuously being given. In fact, recently, there has been a major shift in business attitudes towards 0% carbon emissions, with many investors and fundraisers taking the initiative in sustainable finance, and this group is likely to expand further in the coming years. The sustainable debt market (green, social, and sustainability bonds) has seemingly been receiving strong support. According to the Sustainable Financing and Investing Survey 2020, 36% of bond investors in Asia who have never bought this group of bonds indicated that they intend to seriously consider buying it in the future.

Although finance is also affected by climate change, the industry itself plays an important role in the uphill battle to tackle this burning issue. Environmental and green finance is the key to building a sustainable future since it contributes to providing capital for the transition to a zero-emission economy, helping businesses move away from high-carbon activities.

Furthermore, the financial sector plays an equally important role in the sustainable energy and infrastructure transition by investing in climate initiatives to support new growth areas such as clean energy and renewable energy as well as energy optimization products or services. At the same time, the financial sector supports the development of infrastructure for electric vehicles, rails, energy storage, hydrogen and carbon capture, and storage.

This book will contain conceptual, empirical, and policy papers, or real-life case studies, using quantitative and qualitative methods alike, to provide an insightful and timely read for researchers, investors, and policymakers interested in sustainable finance, development finance, and alternative finance to combat climate change. Through this book, readers are offered a global analysis of the current state of the sustainable finance sector and provided with potential solutions to addressing obstacles in this field.

References
Grippa, P., Schmittmann, J., & Suntheim, F., 2019. Climate Change and Financial Risk: Central banks and financial regulators are starting to factor in climate change. Finance & Development, 56(004). International Monetary Fund (IMF) Global Financial Stability Report.
Sustainable Financing and Investing Survey 2020. Pandemic intensifies awareness of environment and society. Accessed at: https://www.gbm.hsbc.com/-/media/gbm/insights/attachments/sfi-survey-global.pdf

The book welcomes contributions that can address the issues on environmental and green finance towards a sustainable world. It is intended to focus (though not limited to) on the following themes.

– Environmental finance
– Green finance
– Environmental finance, green finance and Covid-19
– Financing sustainable goals: creating an efficient market through innovative policies and instruments
– Financing green energy
– Environmental impact investments
– Green finance as instruments to fund the energy transition: assessing the triple perspective of impact, risk, and return
– Green bonds as a tool against climate change: principles, pricings, and dark sides
– Green banking: current and future challenges
– Sustainable finance: trends, opportunities, and risks
– Opportunities and challenges of carbon market finance
– Financial innovations and carbon markets
– Enhancing efficiency in sustainable markets
– Financing sustainable goals: economic and legal implications
– Corporate social responsibility and environmental responsibility

Submissions
The editors welcome conceptual papers as well as empirical research, including case and policy studies. Prospective contributors are invited to submit, before December 31, 2021, a 1–2-page chapter proposal (including a title, an abstract, and a tentative outline), clearly explaining the purpose, scope, and contents of their proposed chapters (The submission of full chapters at this stage is highly encouraged).

All submitted chapters will go through a quick blind review process. Each contributor will receive a free copy of the edited book. Please indicate the topic of your chapter.

Time frame
Deadline for proposal submission: December 31, 2021 (The submission of full chapters at this stage is highly encouraged)
Notification of the selection: 2 weeks following submission
Submission of full chapters: March 31, 2022
Revised chapters due: May 31, 2022
Book publication: October/November 2022

Contact
For inquiries about this call for chapters, please email to any of the following editors:
Dr. Sabri Boubaker (sabri.boubaker@gmail.com)
Dr. Thai-Ha Le (ha.le@fulbright.edu.vn)

Please put “Book Chapter: Handbook of environmental and green finance: towards a sustainable future” in the subject line.