A Framework for Sustainable Finance: From Risk to Opportunity presents the switch from traditional finance to sustainable finance.
While financial institutions have started to avoid unsustainable companies from a risk perspective (Sustainable Finance 1.0 and 2.0), the frontrunners are now increasingly investing in sustainable companies and projects to create long-term value for the wider community (Sustainable Finance 3.0).
Major obstacles to sustainable finance are short-termism and insufficient private efforts. To overcome these obstacles, the book develops guidelines for governing sustainable finance.

Additional Metadata
Keywords sustainable development, environmental, social and governance risks, sustainable finance, short-termism
JEL Portfolio Choice; Investment Decisions (jel G11), Banks; Other Depository Institutions; Mortgages (jel G21), Externalities; Redistributive Effects; Environmental Taxes and Subsidies (jel H23), Public Goods (jel H41), Agricultural and Natural Resource Economics; Environmental and Ecological Economics: Sustainable Development (jel Q01)
Persistent URL hdl.handle.net/1765/101671
Series RSM Positive Change Series
Note The author has published a shorter version of this book as an essay titled "Investing for the Common Good: A Sustainable Finance Framework" at the Brussels-based think tank Bruegel.
Citation
Schoenmaker, D. (2017). From Risk to Opportunity: a Framework for Sustainable Finance. RSM Positive Change Series. Retrieved from http://hdl.handle.net/1765/101671