Development and Future Trends of Green Finance from an ESG Perspective

Authors

  • Wenmo Hai

DOI:

https://doi.org/10.54097/0hkacp17

Keywords:

Green Finance, ESG, Sustainability, Financial Development, Future Trends

Abstract

The rapid evolution of green finance, particularly under the Environmental, Social, and Governance (ESG) framework, has significantly reshaped global financial landscapes. This paper aims to provide an in-depth analysis of the current status and future trends of green finance through an ESG lens. Emphasizing the synergy between sustainability and profitability, it highlights key drivers, challenges, and emerging trends in green finance. The paper concludes with a discussion on policy recommendations and strategic actions to foster sustainable financial growth.

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References

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Morgan Stanley Institute for Sustainable Investing. (2019). Sustainable Signals: The Individual Investor Perspective. Retrieved from https://www.morganstanley.com/pub/content/dam/msdotcom/ideas/sustainable-signals/pdf/Sustainable_Signals_Individual_Investor_White_Paper_Final.pdf.

European Commission. (2020). Sustainable Finance and EU Taxonomy. Retrieved from https://ec.europa.eu/info/business-economy-euro/banking-and-finance/sustainable-finance_en.

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Task Force on Climate-related Financial Disclosures. (2017). Recommendations of the Task Force on Climate-related Financial Disclosures. Retrieved from https://www.fsb-tcfd.org/publications/final-recommendations-report/.

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United Nations Environment Programme Finance Initiative. (2019). Principles for Responsible Banking. Retrieved from https://www.unepfi.org/banking/bankingprinciples/.

International Organization for Standardization. (2018). ISO 14030:2018 Environmental Performance Evaluation – Green Debt Instruments. Retrieved from https://www.iso.org/standard/72826.html.

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Published

15-08-2024

Issue

Section

Articles