Green and Sustainable Finance: Principles and Practice (Chartered Banker Series Book 6)

"More than 120 countries have committed to net zero targets by 2050, requiring systemic economic transitions on an unprecedented scale and with the finance sector playing a leading role. Green finance will power the transition, ensuring capital flows to the firms, investments, projects and technologies looking to create a sustainable, low-carbon world. To achieve net zero, every professional financial decision must take climate change and broader sustainability factors into account. Green and Sustainable Finance provides a comprehensive guide to the application of common green and sustainable principles and practices in banking, investment and insurance to help finance professionals embed these in their daily activities and decision-making. Focusing on the necessity of mainstreaming green and sustainable finance globally, this book includes a clear explanation of the science underpinning climate change. Green and Sustainable Finance covers a wide range of green finance products and services in retail, commercial and corporate banking, insurance, investment and fintech. It provides an overview of emerging regulation and international market frameworks and standards, particularly in relation to climate and environmental risk. Consideration is also given to the ethical dimensions of green and sustainable finance, including how professionals can promote market integrity and take active steps to avoid greenwashing. Endorsed by the Chartered Banker Institute as the core text for the benchmark Certificate in Green and Sustainable Finance, this book is essential reading for finance professionals and students, and individuals working to embed sustainability in business, policy and regulation"-- Provided by publisher Green finance has been growing increasingly mainstream since the Paris Agreement was signed in 2016 and as the finance sector aims to meet the challenges of climate change and the transition to a low-carbon world. Principles and Practice of Green Finance is a comprehensive guide to the application of common green and sustainable practices in banking, investment and insurance. Focusing on the necessity and development of the global green finance sector, it also includes clear explanations of the science underpinning climate change. This book covers the range of green finance products and services, including green bonds and asset-backed securities, in retail, commercial and corporate banking, insurance and the fintech industry. It explains the importance of risk, regulation, international market frameworks and standards, and the role of different financial institutions and markets. Consideration is also given to the ethical dimensions of green finance and how professionals can promote market integrity. Endorsed by the Chartered Banker Institute as the core text for their Green Finance Certificate, Principles and Practice of Green Finance is essential reading for finance professionals, students and those working in climate science. Apply green and sustainable finance principles and best practice in banking, investment and insurance to aid the transition to a low-carbon world.