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Dirty banking: probing the gap in sustainable finance

Abstract:

In 2016, the Global Sustainable Investment Alliance estimated the market for sustainable investments to have reached 22.89 trillion USD of assets under management. While financial institutions have embraced the idea of sustainable finance as a business opportunity, they have arguably done little, but to piggy-back on investors’ demand. Today, it is not unusual for a single firm to retail fossil free investment funds and concomitantly offer commercial loans towards fracking, coal, and Arctic d...

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Publication status:
Published
Peer review status:
Peer reviewed
Version:
Publisher's Version

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Institution:
University of Oxford
Division:
Social Sciences Division
Department:
SOGE
Subgroup:
Geography
More by this author
Institution:
University of Oxford
Division:
Social Sciences Division
Department:
SOGE
Subgroup:
Geography
Publisher:
MDPI Publisher's website
Journal:
Sustainability Journal website
Volume:
11
Issue:
6
Publication date:
2019-03-22
Acceptance date:
2019-02-25
EISSN:
2071-1050
Pubs id:
pubs:976362
URN:
uri:b55ca0ec-922e-4523-8a0b-db1b3ac4115b
UUID:
uuid:b55ca0ec-922e-4523-8a0b-db1b3ac4115b
Local pid:
pubs:976362

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