Year: 2025
Type: article
Abstract: Sustainable finance now plays a pivotal role in every major economic region, though trajectories differ.Since the 2015 Paris Agreement, the industry has expanded rapidly worldwide, with Asia's recent surge reflecting its nascent history compared to Europe and North America.Macro shocks-including the Russia-Ukraine War, elevated inflation, and rising interest rates in 2022-have led to net capital outflows in the United States, while Europe and Asia continue to grow robustly.As regional approaches evolve, it becomes increasingly important to understand the conditions under which sustainable investments generate both positive societal or environmental impacts and acceptable financial returns.
Source: Asian Economic Policy Review
DOI: 10.1111/aepr.70016
Author: Ayako Yasuda
Institution: University of California, Davis
Language: English
Subfield: Finance
Domain: Social Sciences
Open Access status: hybrid
Estimated APC paid: $2,710
OpenAlex ID: W4414951622