1st Edition

Climate Change Adaptation and Green Finance The Arctic and Non-Arctic World

    228 Pages 22 B/W Illustrations
    by Routledge

    This book presents specific case studies of climate finance in the Arctic and examines how the green revolution could be a game changer in this sensitive region.

    Bringing together contributions from a range of experts in the field, Climate Change Adaptation and Green Finance assesses the costs of inaction versus the costs of action based on case study examples of climate finance and sustainable investment in the Arctic region. The authors draw on data from the Sixth Assessment Report published by the Intergovernmental Panel on Climate Change and respond with a solutions-based framework. This is developed around the notion of a new, carbon-neutral economy in the Arctic and presents methods for unlocking carbon finance and long-term climate investment in the region, such as finance for Arctic entrepreneurs and resilient sustainable investment structures. This volume also looks at the role of finance in meeting the United Nations Sustainable Development Goals and the ways in which innovation in investment will help shape the future of the Arctic.

    Climate Change Adaptation and Green Finance will be of great interest to students and scholars of climate change, sustainable finance, and sustainable business.



    1 Climate change inactions, international agreements, and the role of finance

    2 Regulatory environment on Climate Finance, EU Climate Diplomacy and policy, Arctic Investment Protocol

    3 The Role of Investors and Financial Institutions to power innovative solutions

    4 Climate Finance Initiatives: Green bonds for Climate Resilience

    5 Climate Finance for Developing Countries

    6 Public Climate Finance

    7 Climate funds and tools

    8 Carbon markets

    9 Climate Change Litigation, stranded assets, divestment, and eco-activism

    10 Climate Finance and Education – Education for Climate Action









    Gisele Arruda is a professor and an interdisciplinary polar researcher, program designer, and educator in Arctic Governance, Sustainable Energy Systems, Climate Change Diplomacy, Change Management, Net Zero Transition (socio-environmental impacts, natural resources, socio-technical systems, local communities), Climate Change Risk, Environment and Society, Climate Finance, Cryosphere, and trans-boundary pollution. She studied two PhDs, and she is a professor in Circumpolar Studies. She is a member of the UArctic, the US Arctic Committee, country director of the International Higher Education Teaching and Learning Association, New York, United States, and Scientific member of IARPC. She belongs to multidisciplinary research groups in Canada, the United States, Iceland, Norway, and Greenland, researching Arctic Sustainable Energy systems, Climate Change, Bioeconomy, Blue Economy, Smart Specialisation, Societal Studies, Corporate Social Responsibility, and multicultural aspects of Higher Education. Previous books are Renewable Energy for the Arctic and Sustainable Energy Education in the Arctic, published by Routledge. The latest publication is Corporate Social Responsibility in the Arctic, in co-authorship with Lara Johannsdottir, published by Routledge.

    Lara Johannsdottir is a professor at the University of Iceland. She also has significant management and specialist experience from in the financial sector. Her areas of research are corporate social responsibility and sustainability, strategy implementation, Arctic, and systemic risk. Lara has published dozens of articles and book chapters, including Corporate Social Responsibility in the Arctic, together with Gisele M. Arruda, published by Routledge. Lara was a Fulbright Arctic Initiative Scholar from 2018 to 2019. She furthermore takes part in national and international research projects.