Green finance to combat climate change

• Autorzy: Rydzewska Alina

Identyfikatory

DOI

10.29119/1641-3466.2022.161.17

• Języki publikacji: EN

Abstrakty

EN

Purpose: The aim of this paper is to analyze the importance of finance for climate change. Design/methodology/approach: The paper attempts to answer the question: what is the meaning of finance in the processes related to environmental protection, what is the development trend in the field of the so-called instruments of green finance and what are the purposes of the particular instruments. The following research methods were used: literature review, desk research (UNCTAD reports, GIIN, Sustainable Debt, Green Finance in Poland,) and deductive reasoning. Findings: The market for green finance instruments is growing rapidly. For both green bonds and sustainable funds and impact investments, the growth rate in the number and value of instruments has been the highest in recent years. The analysis of investment directions indicates that they are related to activities concerning environmental protection or other aspects of sustainable development. Practical implications: The importance and need for creating conditions (legislative, technical, educational) for the development of green finance instrument market was indicated. Originality/value: The paper offers cognitive value as it contributes to the body of knowledge regarding the relevance of green in addressing climate change.

Słowa kluczowe

EN

green finance; green bond; sustainable funds; impact investments

PL

zielone finanse; zielone obligacje; fundusze zrównoważone; wpływ inwestycji

• Wydawca: Wydawnictwo Politechniki Śląskiej
• Czasopismo: Zeszyty Naukowe. Organizacja i Zarządzanie / Politechnika Śląska
• Rocznik: 2022
• Tom: z. 161
• Strony: 249--260
• Opis fizyczny: Bibliogr. 16 poz.

Twórcy

autor

Rydzewska Alina

• Silesian University of Technology, Faculty of Organization and Management, Zabrze

• https://orcid.org/0000-0002-4535-3585

Bibliografia

• 1. Brondizio, E.S., Settele, J., Diaz, S., Ngo, H.T. (eds.) (2019). Global assessment report on biodiversity and ecosystem services of the Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services. Bonn, https://doi.org/10.5281/zenodo.3831673.
• 2. Clean Energy Investments Trend (2018). Bloomberg NEF. Retrieved from https://data.bloomberglp.com/professional/sites/24/BNEF-Clean-Energy-Investment-Trends-2018.pdf.
• 3. GIIN (2020). Annual Impact Investor Survey. Retrieved from: https://thegiin.org/assets/GIIN%20Annual%20Impact%20Investor%20Survey%202020.pdf.
• 4. https://unfccc.int/sites/default/files/english_paris_agreement.pdf.
• 5. https://www.statista.com/outlook/dmo/fintech/alternative-financing/crowdfunding/worldwide.
• 6. https://www.zamg.ac.at/cms/de/klima.
• 7. Kotecki, L. (ed.) (2020). Zielone Finanse w Polsce. Retrieved from: https://www.efcongress.com/wp-content/uploads/2020/10/publikacja_zielone_finanse-nowa-wersja.pdf.
• 8. McCollum et al. (2018). Energy investment needs for fulfilling the Paris Agreement and achieving the Sustainable Development Goals. Nature Energy, Vol. 3. Retrieved from: https://www.nature.com/articles/s41560-018-0179-z.epdf).
• 9. Rydzewska, A. (2021). Introduction the actions of enterprises taken to protect the climate and their financial consequences. In: K.S. Soliman (ed.), Innovation management and information technology impact on global economy in the era of pandemic. Proceedings of the 37th International Business Information Management Association Conference (IBIMA), 30-31 May 2021, Cordoba, Spain. International Business Information Management Association, pp. 11939-11944.
• 10. Sustainable Debt (2021). Global State of Market, Climate Bonds Initiative. Retrieved from: https://www.climatebonds.net/files/reports/cbi_global_sotm_2021_02f.pdf.
• 11. The Report of the Global Commission on the Economy and Climate (2018). Retrieved from: https://newclimateeconomy.report/2018.
• 12. The rise of the sustainable fund market and its role in financing sustainable development (2021). UNCTAD. Retrieved from: https://unctad.org/system/files/officialdocument/diae2021d1_en.pdf.
• 13. World Economic Forum: The Global Risks Report (2019). 14th Edition Genf. Retrieved from: https://www3.weforum.org/docs/WEF_Global_Risks_Report_2019.pdf.
• 14. World Investemen Report (2021). Investing In Sustainable Recovery. UNCTAD. Retrieved from: https://unctad.org/system/files/official-document/wir2021_en.pdf).
• 15. www.un.org./sustainabledevelopment/sustainable-development-goals.
• 16. Zielone Finanse w Polsce (2021). Retrieved from: https://www.gov.pl/web/fundusze-regiony/zielone-finanse-w-polsce-2021--premiera-raportu.

Uwagi

PL

Opracowanie rekordu ze środków MEiN, umowa nr SONP/SP/546092/2022 w ramach programu "Społeczna odpowiedzialność nauki" - moduł: Popularyzacja nauki i promocja sportu (2022-2023).