Green finance has been growing increasingly mainstream since the Paris Agreement was signed in 2016 and as the finance sector aims to meet the challenges of climate change and the transition to a low-carbon world.
Principles and Practice of Green Finance is a comprehensive guide to the application of common green and sustainable practices in banking, investment and insurance. Focusing on the necessity and development of the global green finance sector, it also includes clear explanations of the science underpinning climate change.
This book covers the range of green finance products and services, including green bonds and asset-backed securities, in retail, commercial and corporate banking, insurance and the fintech industry.
It explains the importance of risk, regulation, international market frameworks and standards, and the role of different financial institutions and markets. Consideration is also given to the ethical dimensions of green finance and how professionals can promote market integrity.
Endorsed by the Chartered Banker Institute as the core text for their Green Finance Certificate, Principles and Practice of Green Finance is essential reading for finance professionals, students and those working in climate science.
Industry Reviews
"In 2017, I challenged Simon and the Chartered Banker Institute to create training programmes that would set the global benchmark for the knowledge and skills required by finance professionals leading the transition to net zero, emphasising the science content needed to understand fully the relationship between finance and climate-related risk. This he has done emphatically in what I believe is a world first in green finance education.
I am very proud to see these published, and recommend them to colleagues worldwide who wish to develop and demonstrate their knowledge of the science behind, and the principles and practice of, green and sustainable finance." * Sir Roger Gifford, Chair, Green Finance Institute *
"Finance professionals reading this book will not only have the knowledge about green finance they need, but the understanding to put that knowledge to practical use. An essential read as the financial and corporate world finally put climate considerations front and centre." * Dame Susan Rice DBE *
"This is an excellent and very timely introduction to the important subject of green and sustainable finance and how financial institutions can truly become fit for purpose for financing the needs of society. We need every finance professional to develop their knowledge of the topics covered in this book, and apply them in their work, if we are to successfully transform finance and our economies to support a sustainable, low carbon future." * Eric Usher, Head, UNEP Finance Initiative *
"This progressive book provides a comprehensive review and explanation of the origin, content and rationale of the form, scale and scope of green finance and its implications internationally. By weaving together the theory, history, practice, significance and ramifications of green finance this contribution provides a solid foundation and introduction to this most important topic." * John K. Ashton, Professor of Banking, Bangor University Business School *
"I found this book incredibly comprehensive and yet very easy to read and navigate. The financial services sector will have to transform rapidly to respond to the climate crisis. Building the right skills and knowledge on this topic will be key to succeed so this is a recommended read not only for sustainability practitioners but all bankers." * Elisa Moscolin, Head of Sustainability & ESG at Santander UK *
"Over the next three decades, $3.5 trillion needs to be invested annually in infrastructure to meet the climate challenge. Mark Carney, former Governor of the Bank of England has said the scale of that funding requirement means "we need to turn billions of public capital into trillions of private capital." That calls out for exceptional standards of professionalism from financiers and others, and Simon Thompson's book is an exemplary toolkit for board members and beginners alike in this, the greatest crisis and the greatest opportunity of our times." * Simon Culhane, Chartered FCSI, CEO, Chartered Institute for Securities & Investment *
