Green Economy, Finance, and Sustainability

Dear Colleagues,

Significant attention has recently been given to research that integrates both economic development and environmental protection and the development of a “green economy” as a main economic policy. A green economy can be defined as “low carbon, resource efficient, and socially inclusive [where] growth in income and employment should be driven by public and private investments that reduce carbon emissions and pollution, enhance energy and resource efficiency, and prevent the loss of biodiversity and ecosystem services” (UNEP, 2011, pg. 16). At the same time, society is increasingly requiring businesses to take sustainability into account while increasing shareholder value as social awareness of the importance of economically, environmentally, and socially efficient products grows (Brigham and Ehrhardt, 2011). Accordingly, shareholders and activists are demanding that the finance function prioritizes environmental protection and social responsibility at the core of development goals. The transition toward a greener economy is both technical and financial; developing a green economy provides the means for more sustainable development. Green economics and finance can enhance social equity and human wellbeing and diminish ecological scarcities and environmental risks, leading to sustainable development.

Both theoretical and empirical papers related to economics, finance, and sustainability are welcome. Submissions of scientific results from experts in academia and industry are strongly encouraged. Case studies will be eligible for publication provided that they offer substantial comparisons and policy implications. All submissions must contain original unpublished work not being considered for publication elsewhere. The topics of interest include but are not limited to the following:

• Socially responsible investments;
• Sustainable finance;
• Sustainable consumption;
• Sustainable business models;
• Green economy;
• Green finance;
• ESG regulation and measurement;
• Financing social entrepreneurship and innovation.

Prof. Dr. Hooi Hooi Lean
Dr. Fabio Pizzutilo
Guest Editors

Manuscript Submission Information

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Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Journal of Risk and Financial Management is an international peer-reviewed open access monthly journal published by MDPI.

Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 1400 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.