CESifo Forum 03/2021: Sustainable Finance: Current Needs, Measures and Impact
ifo Institute, Munich, 2021
Greening the economy is high on the political agenda. As early as 2015, the Paris Agreement set ambitious targets to combat climate change. Efforts have since become broader and are now aimed at promoting sustainable development in general, as set out in the UN 2030 Agenda for Sustainable Development. The financial sector is expected to play an important role in the upcoming transition towards a more sustainable
economy. Therefore, policy makers in different parts of the world are developing “sustainable finance” programs. The EU Commission has just released a renewed sustainable finance strategy. This issue of CESifo Forum explores why sustainable finance programs may be necessary and takes a closer look at investor and corporate behavior. The authors assess how important the objective of sustainability has been
so far and examine how it affects the decisions of companies and those of their peers. They also propose measures to render the corporate sector more sustainable.
Articles included
What Justifies Sustainable Finance Measures? Financial-Economic Interactions and Possible Implications for Policymakers
ifo Institute, Munich, 2021
CESifo Forum 22 (3), 03-11
ESG Investments and Investors’ Preferences
ifo Institute, Munich, 2021
CESifo Forum 22 (3), 12-16
Short-Termism and Executive Compensation
ifo Institute, Munich, 2021
CESifo Forum 22 (3), 17-19
Impact-Weighted Financial Accounts: A Paradigm Shift
ifo Institute, Munich, 2021
CESifo Forum 22 (3), 20-25
Peer Effects of Commitment to ESG Goals – How Stakeholders Affect One Another in the Ecosystem
ifo Institute, Munich, 2021
CESifo Forum 22 (3), 26-29
Economic Policy Goals of the Sustainable Finance Approach: Challenges for SMEs
ifo Institute, Munich, 2021
CESifo Forum 22 (3), 30-33
Walking the Tightrope: Avoiding a Lockdown While Containing the Virus
ifo Institute, Munich, 2021
CESifo Forum 22 (3), 34 - 40
Discretionary Intervention Destabilizes the EU Emissions Trading System: Evidence and Recommendations for a Rule-Based Cap Adjustment
ifo Institute, Munich, 2021
CESifo Forum 22 (3), 41-46
Tracking Government Responses to Covid-19: The CoronaNet Research Project
ifo Institute, Munich, 2021
CESifo Forum 22 (3), 47-50
Statistics Update
ifo Institute, Munich, 2021
CESifo Forum 22 (3), 51-53