Carboeconomics, ESG Investments, Green Finance: A Cocoon of Confusion and Implementation Challenges

Shresth Goel and Talvin Bath


Sustainable investing is being prioritized by financial institutions across the world following international agreements on the urgency of addressing climate change. Finance executives have been at the forefront of getting creative with green financing through the utilization of financial instruments, both new and old. Inevitably, market sensitivity to green technology has increased quickly, but with cautious skepticism from some. 

Our focus is on the implementation challenges of these methods and their macroeconomic impacts. Generally speaking, the issue at hand is one of excess capital in a relatively young market without the levels of scrutiny received by previous landmark shifts in the market. This problem is exacerbated by a supply-demand mismatch in terms of market investors and reliable investment opportunities. With multiple competitive firms operating in the same sphere – chasing the same resources – failure of some is inevitable. Overbidding on a select few reliable opportunities may lead to underwhelming (but realistic) returns, leading to broad market corrections in the future, with drastic short and long-term effects. [1] [2]

Green enterprises are also heavily reliant on fossil fuels to develop green infrastructure in the first place. The ongoing energy shortage suggests delays in meeting time-bound climate goals, thus indicating potential problems with the timely realization of economic returns. 

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What role can International Organisations play in cultivating a greener economy for developing nations?

Alainah Amer, Anahita Roy and Taqi Shah


Establishing a greener economy within developing nations is an up and coming topic in policymaking, environment, and economics. The natural foundations that many developing economies possess could be utilised to produce economic benefits is appealing. But before introducing the potential benefits as well as potential drawbacks of encouraging green growth in these countries, it is important to define what a green economy is. Essentially a green economy possesses healthy characteristics such as “low carbon, resource efficient, and socially inclusive” environment (United Nations Environment Programme, 2018, p.1). A green economy contributes to an increase in employment and revenue as a result of investment from both the public and private sectors into economic activities that allow for reduced carbon emissions, green and efficient energy, preservation of biodiversity and the ecosystem as a whole (United Nations Environment Programme, 2018, p.1). 

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Why COVID-19 will drive fashion towards a sustainable future

Climate change has undoubtedly been a disruptive force that impacts industries in all sectors of the global economy, but the fashion industry is currently one of its primary instigators.    Widespread technological advancement, as a product of globalisation, has enabled new media to expose the impact of the fashion industry upon climate change. According to the World Bank, the garment industry accounts for just over 10% of global greenhouse gas (GHG) emissions, and the United Nations Environment Programme estimates that 3,781 litres of water are required to manufacture a single pair of denim jeans.

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Climate Change and its Impact on Businesses

Climate change has come to the forefront of global politics in recent years, with large scale protests led by international organisations such as Extinction Rebellion gaining considerable momentum. In particular, the protests at the end of September 2019 were the largest display of resistance against climate change in recent history, and were timed to coincide with the United Nations Climate Summit. This protest saw over 6 million people take to the streets in 180 countries to demand faster and stricter action on climate change. What made this movement unique was that it displayed not only the realities of climate change but it also demonstrated the widespread concern that consumers around the world feel for it. It is important to consider the impacts that this issue and the heightened awareness that surrounds it has on businesses around the world. 

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A Struggling Sudanese Economy – Rooted in British Colonisation?

The last few months have witnessed a social media storm expressing outrage against the violence and killings of protesters who rebelled against the Sudanese government. ‘Blue for Sudan’ was adopted by many social media users, and many changed their profile pictures to blue in solidarity for Mohamed Mattar, a protestor killed in the June 3rd Massacre. The events occurring in Sudan have shocked the world and have since been condemned by Western nations.

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