Sustainability accounting and finance
Private investment is increasingly considered indispensable for everything from climate change adaption to scaling up renewable energy, and our work helps understand how and where those investments are taking place.
This research area includes a wide range of environmental finance mechanisms - including and beyond carbon finance - that are designed to have positive environmental impacts.
Areas of work include:
- Green bonds are a means for institutions, such as cities, to raise money to pay for projects that have an explicit environmental impact. Dr Patrick Bigger leads on this work, and you can access his papers on this topic via ResearchGate.
- Dr Bigger and Dr Ben Neimark both work on engaging with stakeholders in a variety of profit-oriented conservation mechanisms, the financialisation of nature and land acquisitions in the global south.
- Reporting by corporations of risks posed to their operations by climate change, and how they manage these risks, can be crucial in banking and investment decisions. Professor Jeffrey Unerman is carrying out work in this area linked to the Taskforce for Climate-related Financial Disclosures initiative.
- Green investment funds screen prospective investments in respect of a range of environmental (and social) impacts. Dr Di Wang and Professor Jeffrey Unerman research the motivation and effectiveness of corporations disclosing this type of environmental impact information through their corporate reports.