The evolving marketscape of climate finance

Benjamin J. Richardson*

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

6 Citations (Scopus)


An important dimension of international and national climate governance is the financial sector. Climate finance refers to the role of financial institutions in addressing climate change, such as through investment transactions, identifying financial risks and supporting clean and green energy developments. Global financial markets have become a significant driver of environmental pressure, but also potentially a means of leveraging positive change. The latter role is expressed through the growing movement for socially responsible investing (sri). This article examines how the financial industry affects action on climate change, the role of the sri movement in improving environmental behaviour, and the place of state-based regulation in creating a more conducive "marketscape" for climate finance.

Original languageEnglish
Pages (from-to)94-106
Number of pages13
JournalClimate Law
Issue number1-2
Publication statusPublished - 25 Jul 2014


  • Finance
  • Governance
  • Socially responsible investment


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