Sustainable Finance in Europe. Corporate Governance, Financial Stability and Financial Markets

Abstract:

This textbook provides a comprehensive overview of regulatory developments within the European Union (EU) revolving around sustainable finance. It combines insights from academic experts and practitioners within the fields of sustainable finance and financial regulation. The publication analyses the risks facing institutions, authorities and investors as a result of climate change. It also explores the role of corporate governance in implementing a sustainable financial system.

Table of Contents:

• General Aspects
  • Sustainable Finance in Europe: Setting the Scene | Danny Busch, Guido Ferrarini & Seraina Grünewald
  • The European Commission’s Sustainable Finance Action Plan and Other International Initiatives | Danny Busch, Guido Ferrarini & Arthur van den Hurk
  • Sustainable Digital Finance and the Pursuit of Environmental Sustainability | Marco Dell’Erba
• Sustainable Finance and Corporate Governance
  • Redefining Corporate Purpose: Sustainability as a Game Changer | Guido Ferrarini
  • Sustainable Corporate Governance: The Role of the Law | Alessio M. Pacces
  • Integrating Sustainability in EU Corporate Governance Codes | Michele Siri & Shanshan Zhu
• Sustainable Finance and Systemic Risk
  • Climate Change as a Systemic Risk in Finance: Are Macroprudential Authorities Up to the Task? | Seraina Grünewald
  • Climate Change as a Threat to Financial Stability: Can Solutions to This Problem Accelerate the Transition to a Low-Carbon Economy? A Critical Review of Policy and Market-Based Approaches | Sara Lovisolo
  • Which Role for the Prudential Supervision of Banks in Sustainable Finance? | Antonio Luca Riso
• Sustainable Finance and Financial Markets
  • Sustainable Finance: An Overview of ESG in the Financial Markets | Marieke Driessen
  • The Taxonomy Regulation: More Important Than Just as an Element of the Capital Markets Union | Christos V. Gortsos
  • Sustainability Disclosure in the EU Financial Sector | Danny Busch
  • Integrating Sustainable Finance into the MiFID II and IDD Investor Protection Frameworks | Veerle Colaert
  • Emission Allowances as Financial Instruments | Filippo Annunziata