Advances in Economics, Management and Political Sciences

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Proceedings of the 2nd International Conference on Business and Policy Studies

Series Vol. 9 , 13 September 2023


Open Access | Article

A Review of Climate Finance

Keyi Sheng * 1
1 North Cross School Shanghai

* Author to whom correspondence should be addressed.

Advances in Economics, Management and Political Sciences, Vol. 9, 169-173
Published 13 September 2023. © 2023 The Author(s). Published by EWA Publishing
This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Citation Keyi Sheng. A Review of Climate Finance. AEMPS (2023) Vol. 9: 169-173. DOI: 10.54254/2754-1169/9/20230374.

Abstract

Climate finance is a financial solution to cope with climate change and develop a low-carbon economy, which is a very important trend in the development of the modern financial industry. The author conducts an analysis of climate finance based on the relevant literature. Specifically, on the basis of summarizing the impact path of climate change risks on the financial system and sorting out the measures taken by major economies at home and abroad to cope with climate change risks, this paper analyzes and studies the shortcomings of China’s financial system in coping with climate change and puts forward policy suggestions for strengthening top-level design and overall coordination, attaching importance to climate risk management, strengthening incentives and constraints, and further increasing international cooperation.

Keywords

climate finance, green finance, climate change, financial stability, climate risk

References

1. Wuentao, Majing. Review and Prospect of climate finance[J]. Environment and Sustainable Development. 40(06):54-55. (2015).

2. Chenguojin, Guojunying, Zhaoxiangqin. Advances in climate finance research[J]. Economic Perspectives. (08):131-145. (2021).

3. Yangping, Hekun, Yuanping, Li, Meizhou. Climate change and financial risk - A review of recent perspectives on climate finance research[J]. financial market research, (01):79-84. (2021).

4. Zhangshuai,Luliping,Zhangxingmin,Wanghui. Assessment, pricing, and policy responses to climate risk in the financial system: a literature-based review[J]. Chinese Review of Financial Studies. 14(01):99-124. (2022).

5. Guoxinming. Impacts of climate risks on financial stability and monetary policy objectives achievement and responses[J]. Financial Perspectives Journal. (01):3-13. (2020).

6. Sunyongping, Liyi, Liyingyi. Climate Change and Business Operations:Risks, Opportunities and Strategies[J]. Journal of Jiangnan University. (Humanities &Social Sciences). 20(01):92-101. (2021).

7. Jiangjingqiang. Challenges and responses of climate change risks to the financial system[J]. HAINAN FINANCE.(04):29-35. (2022)

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9. Wangxin. Green financial development and climate risk management[J]. Financial Economics. (07):3-9. (2021).

Data Availability

The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.

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Volume Title
Proceedings of the 2nd International Conference on Business and Policy Studies
ISBN (Print)
978-1-915371-45-4
ISBN (Online)
978-1-915371-46-1
Published Date
13 September 2023
Series
Advances in Economics, Management and Political Sciences
ISSN (Print)
2754-1169
ISSN (Online)
2754-1177
DOI
10.54254/2754-1169/9/20230374
Copyright
13 September 2023
Open Access
This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited

Copyright © 2023 EWA Publishing. Unless Otherwise Stated