Financing Urban Transitions to Climate Neutrality and Increased Resilience in Cities
Cambridge University Press
Financing Urban Transitions to Climate Neutrality and Increased Resilience in CitiesAuthor(s): Peter B. Meyer, Oleksandr Sushchenko, Zehra Yakut, Paolo Bertoldi, Reimund Schwarze, Benjamin Leffel, Pedro Nin de Carvalho, Ahmad Garba Khaleel, Joyce Coffee, Jesse M. Keenan\nFormat: Hardback\nPublisher: Cambridge University Press, United Kingdom\nImprint: Cambridge University Press\nISBN-13: 9781009589178, 978-1009589178\nSynopsis\nWhile global financial capital is abundant, it flows into corporate investments and real estate rather than climate change actions in cities. Political will and public pressure are crucial to redirecting funds. Studies of economic impacts underestimate the costs of climate disasters, especially in cities, so they undermine political commitments while understating potential climate-related returns. The shift of corporate approaches towards incorporating environmental, social, and governance (ESG) impacts offers promise for private-sector climate investments but.
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