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Hardwiring Sustainability Into Financial Mathematics: Implications for Money Mechanics

Hardwiring Sustainability Into Financial Mathematics: Implications for Money Mechanics

Hardcover

EconomicsInvesting & FinanceEnvironmental Studies

ISBN10: 3031456882
ISBN13: 9783031456886
Publisher: Palgrave Macmillan
Published: Nov 12 2023
Pages: 144
Weight: 0.79
Height: 0.44 Width: 5.83 Depth: 8.27
Language: English

A ground-breaking work that addresses a crucial challenge facing our planet and the finance discipline, this book discusses key omissions in finance theory, principles, and equations, and explores recent developments in sustainable finance/ESG integration. It reveals a spaceless analytical framework and a sustainability debate that avoids the very logic of money creation. A theoretical treatise on sustainability in finance, the book makes the case for the hardwiring of sustainability into financial mathematics, offering a complementary principle and new equations for the purpose, while also discussing the implications of such a transformation for money mechanics.

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Papazian, Armen V.

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Economics