1st Edition
The Law of ESG Derivatives Risk, Uncertainty and Sustainable Finance
This book weaves together a comprehensive legal analysis of sustainable finance regimes governing Environment, Social and Governance (ESG) derivatives, with insightful sociological perspectives on risks and uncertainties.
Sustainable finance offers a unique chance to channel capital towards sustainability goals, with ESG derivatives emerging as potent catalysts for a transition to a more sustainable economy. Beyond amplifying capital flow, they strategically align with effective ESG risk and uncertainty management. The book explores how integrating ESG derivatives can strategically serve sustainable investment, offering insights into optimal risk management. The work not only outlines challenges but presents potential solutions, highlighting ESG derivatives’ role in addressing market failures affecting sustainable finance, which is an aspect often overlooked by regulators in the EU, the UK, and the US. Serving as a strategy guide for countries adopting a diverse sustainable finance portfolio, the book targets policy practitioners and advocacy specialists, catering to a broad multidisciplinary audience amid the increasing interest in ESG-related products.
The book’s dual emphasis on financial derivatives for ESG risk management and sociological perspectives positions it as an ideal resource for scholars, experts, practitioners, researchers, and curious minds across law, business, management, and sociological studies.
1. Introduction
2. The Rationale of Sustainable Finance
3. Contextualising Financial Derivatives and Regulation
4. What if Financial Derivatives are Effective Tools to Hedge ESG Risks?
5. The Problem of Environmental Risks and Uncertainties in ESG Derivatives
6. Profile: ESG Derivatives as a Social Licence
7. Beyond Traditional Governance Risks and Uncertainties in ESG Derivatives
8. Final Remarks
Biography
Ligia Catherine Arias-Barrera holds a Ph.D. in law from the University of Warwick, and an LL.M in commercial and corporate law from Queen Mary University of London. She is Associate Professor at the School of Law of the Externado de Colombia University, Private Consultant in Financial Law Services in Colombia, the UK and the EU, and Member of the Group of Experts in Capital Markets and Financial Regulation at the Ibero-American Institute for Law and Finance.
