Eco-Capitalism Carbon Money, Climate Finance, and Sustainable Development By: Robert Guttmann Publisher: Palgrave Macmillan Print ISBN: 9783319923567, 3319923560 eText ISBN: 9783319923574, 3319923579 Copyright year: 2018 Format: EPUB Available from $ 89.00 USD SKU: 9783319923574 Our planet faces a systemic threat from climate change, which the world community of nations is ill-prepared to address, and this book argues that a new form of ecologically conscious capitalism is needed in order to tackle this serious and rising threat. While the Paris Climate Agreement of 2015 has finally implemented a global climate policy regime, its modest means belie its ambitious goals. Our institutional financial organizations are not equipped to deal with the problems that any credible commitment to a low-carbon economy will have to confront. We will have to go beyond cap-and-trade schemes and limited carbon taxes to cut greenhouse gas emissions substantially in due time. This book offers a way forward toward that goal, with a conceptual framework that brings environmental preservation back into our macro-economic growth and forecasting models. This framework obliges firms to consider other goals beyond shareholder value maximization, outlining the principal tenets of a climate-friendly finance and introducing a new type of money linked to climate mitigation and adaptation efforts. SKU: 9783319923567 Download now: https://ebookscoffee.sellpass.io/products/EcoCapitalism
