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Handbook of Green Finance: Energy Security and Sustainable Development

Publication | July 2019
Handbook of Green Finance: Energy Security and Sustainable Development

This handbook is the first to explain ways to finance green projects for implementing the SDGs in the context of the 2030 Agenda for Sustainable Development.

Recently, global investment in renewables and energy efficiency has declined, and there is a risk that it will slow further, Clearly, fossil fuels still dominate energy investments. This trend could threaten the expansion of green energy needed to meet energy security, climate, and clean-air goals. Several developed and developing economies are still following pro-coal energy policies. The extra CO2 generated from new coal-fired power plants could more than eliminate any reductions in emissions made by other nations.

Finance is the engine of development of infrastructural projects, including energy projects. By providing several thematic and country chapters, this handbook explains that if we plan to achieve sustainable development goals, we need to create opportunities for new green projects and scale up the financing of investments that furnish environmental benefits. New financial instruments and policies such as green bonds, green banks, carbon market instruments, fiscal policy, green central banking, fintech, and community-based green funds are among the chief components that make up green finance.

Co-published with Springer. For orders, please contact Springer.

Contents 

  • 1. Importance of Green Finance for Achieving Sustainable Development Goals and Energy Security by Jeffrey D. Sachs, Wing Thye Woo, Naoyuki Yoshino, and Farhad Taghizadeh-Hesary
  • 2. Financial Barriers for Development of Renewable and Green Energy Projects in Asia by Hooman Peimani
  • 3. Financial Strategies to Accelerate Green Growth by Hee Jin Noh
  • 4. A “Cap and Invest” Strategy for Managing the Intergenerational Burdens of Financing Energy Transitions by Jatin Nathwani and Artie W. Ng
  • 5. Central Banking, Climate Change, and Green Finance by Simon Dikau and Ulrich Volz
  • 6. Managing Credit Risk and Improving Access to Finance in Green Energy Projects by Dhruba Purkayastha
  • 7. Differences Between Green Bonds Versus Conventional Bonds by Suk Hyun, Donghyun Park, and Shu Tian
  • 8. Carbon Pricing to Promote Green Energy Projects by Takashi Hongo
  • 9. Financial Barriers and Strategies for Promoting Carbon Capture and Storage Technologies by Akira Ogihara
  • 10. Stimulating Non-bank Financial Institutions’ Participation in Green Investments by Gianfranco Gianfrate and Gianni Lorenzato
  • 11. Role of Bank Lending in Financing Green Projects by Maria Teresa Punzi
  • 12. A Comparative Study on the Role of Public–Private Partnerships and Green Investment Banks in Boosting Low-Carbon Investments by Dharish David and Anbumozhi Venkatachalam
  • 13. Energy Efficiency Finance Program by Simon Retallack, Andrew Johnson, Joshua Brunert, Ehsan Rasoulinezhad, and Farhad Taghizadeh-Hesary
  • 14. The Role of Fintech in Unlocking Green Finance by Darius Nassiry
  • 15. Use of Innovative Public Policy Instruments to Establish and Enhance the Linkage Between Green Technology and Finance by KyungJin Hyung and Prajwal Baral
  • 16. Role of Hometown Investment Trust Funds and Spillover Taxes in Unlocking Private-Sector Investment into Green Projects by Naoyuki Yoshino and Farhad Taghizadeh-Hesary
  • 17. Energy Market Liberalization for Unlocking Community-Based Green Finance by Aki Suwa and Magali Dreyfus
  • 18. Financing Solar Photovoltaic Transitions by Ranaporn Tantiwechwuttikul and Masaru Yarime
  • 19. Implications of Fiscal and Financial Policies on Unlocking Green Finance and Green Investment by Dina Azhgaliyeva, Zhanna Kapsalyamova, and Linda Low
  • 20. Impact of Fiscal Policy on Green Technologies Transfer by Ambiyah Abdullah
  • 21. Green Finance in Australia and New Zealand by Ivan Diaz-Rainey and Greg Sise
  • 22. Green Finance in Bangladesh by Monzur Hossain
  • 23. Green Finance in India by Gopal K. Sarangi
  • 24. Green Finance in Indonesia by Ariel Liebman, Aisha Reynolds, Dani Robertson, Sharna Nolan, Megan Argyriou, and Beth Sargent
  • 25. Green Finance in Malaysia by Behnaz Saboori, Azlinda Azman, and Maryam Moradbeigi
  • 26. Green Finance in Pakistan by Sadia Malik, Maha Qasim, and Hasan Saeed
  • 27. Green Finance in the Republic of Korea by Deokkyo Oh and Sang-Hyup Kim
  • 28. Green Finance in Singapore by Youngho Chang
  • 29. Green Finance in Viet Nam by Trong Co Nguyen, Anh Tu Chuc, and Le Ngoc Dang