Description
Climate change is a major problem, generating both risks and opportunities that will have a direct impact on the economy and the financial sector. In recent years, climate change has threatened both the survival of the financial system and economic development. The growing occurrence of extreme climate events combined with the imprudent nature of economic growth can cause unsustainable levels of harm to the financial sectors. On the other hand, it presents a range of new business challenges. In contrast to the most evident physical risks, companies are vulnerable to transformational risks that arise from the reaction of society to climate change, such as technological change, regulation and markets that can boost the cost of doing business, threats to the profitability of existing goods, or effects on the value of the asset. Climate change also offers new business opportunities, and it has made research in the context of a sustainable financial sector indispensable.
The Handbook of Research on Climate Change and the Sustainable Financial Sector focuses on the impacts of climate change on various sectors of the world economy. This book covers how businesses can improve their sustainability, the impact of climate change on the financial sector, and specifically, the impacts on financial services, supply chains, and the socio-economic status of the world. Beyond focusing on the impacts to the financial industry itself, this book assesses how climate change in the financial sector affects the well-being of society in areas such as unemployment, economic recessions, decreases in consumer purchases, and more. This book is essential for stockbrokers, business managers, directors, fund managers, financial analysts, consultants and actuaries, institutional investors, policymakers, practitioners, researchers, academicians, and students interested in a comprehensive view of the impact of climate change on the financial sector.
Author's/Editor's Biography
Odunayo Olarewaju (Ed.)
Odunayo Magret Olarewaju is a Chartered Accountant, Chartered Management Accountant, a Senior Lecturer and Acting Head of Department (Management Accounting) at the Durban University of Technology, South Africa. She has obtained all her degrees in Accounting field with several local and global accolades. She has mentored many postgraduate students’ research to completion and has many other masters and doctoral students under her supervision in the area Accounting and Finance. Her research interests are Environmental Accounting, Corporate Governance, Sustainability Accounting, Financial Management, Managerial Accounting and Finance.
Idris Ganiyu (Ed.)
Dr Ganiyu is an interdisciplinary researcher with experience that spans the banking and educational sectors. He has a PhD in Human Resource Management from the prestigious University of KwaZulu-Natal in South Africa. Dr Ganiyu has published widely in indexed Journals and has presented his research papers at various Universities across the world including Harvard University. As an avid researcher, Dr Ganiyu is an external examiner for many Universities. He is regularly invited to facilitate workshops on primary data analysis and the various tools for analysing quantitative and qualitative data. He has supervised postgraduate students in Nigeria and South Africa. He is currently supervising Doctoral Students at the Management College of South Africa. Dr Ganiyu is currently a Senior Lecturer in Human Resource Management at York St John University in the United Kingdom.