Everyone is talking about green banking – and were too at the recent global climate conference in Glasgow. But to what extent are economic concepts really forward-looking and green? A book published by the Institute for Law and Finance at Goethe University looks at this question.
“Green Banking and Green Central Banking: What are the right concepts?” This is the title of a book in English that has now appeared as the ninth in the series Future of the Financial Sector – to coincide with the debates at the 26th UN Climate Change Conference in Glasgow, which ended last Friday. Green banking was a hot topic at the conference, known internationally as COP26.
The book, published by De Gruyter, Berlin, comprises papers presented at a conference held by the Institute for Law and Finance (ILF) of Goethe University in January 2021 that dealt with questions related to green banking and green central banking. Over 1,000 people took part online in this conference. The book, edited by Andreas Dombret and Patrick Kenadjian, contains the opening address on the topic of climate change and central banking by Christine Lagarde, President of the European Central Bank, and remarks by Jens Weidmann, President of the Deutsche Bundesbank, on the role central bankers should play in combating climate change. Further distinguished authors include senior policy makers, bankers and investors, among others Günther Bräunig, CEO of KfW Bankengruppe; Werner Hoyer, President of the European Investment Bank (EIB); Wiebe Draijer, Chairman of the Managing Board, Rabobank; Christian Sewing, CEO of Deutsche Bank; Jose Manuel Campa, Chairman of the European Banking Authority; John Berrigan, Director General, DG Financial Stability, Financial Services and Capital Markets Union (FISMA), European Commission; and Jörg Kukies, State Secretary at Germany’s Federal Ministry of Finance. They write about the tasks that their institutions could assume in the battle against climate change.
Publication: Green Banking and Green Central Banking: Andreas Dombret and Patrick S. Kenadjian (eds.), Vol. 24, Institute for Law and Finance Series, De Gruyter, English, 2021, PDF & EPUB ISBN: 9783110752892, €69.95, bound edition ISBN: 9783110752878, €69.95.
The ILF conference took place on 25 January 2021. Further details on the speakers and the contents of the conference.