Why finance should care about ecology

Bert Scholtens

doi:10.1016/j.tree.2017.03.013

Why finance should care about ecology

Bert Scholtens

Centre for Responsible Banking and Finance

Research output: Contribution to journal › Article › peer-review

Abstract

Finance ignores ecosystems, which has resulted in a growing list of environmental and social problems. This article assesses the importance of ecology for finance. It suggests that the financial intermediation perspective can align finance and ecology for the benefit of society. This requires that financial institutions account for information about the impact of finance on the environment and vice versa, and that they are held accountable by their supervisors in this domain.

Original language	English
Pages (from-to)	500-505
Number of pages	6
Journal	Trends in Ecology and Evolution
Volume	32
Issue number	7
Early online date	27 Apr 2017
DOIs	https://doi.org/10.1016/j.tree.2017.03.013
Publication status	Published - Jul 2017

Keywords

Ecology
Finance
Financial intermediation

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10.1016/j.tree.2017.03.013

Scholtens_2017_TEE_Ecology_AAM
© 2017 Elsevier Ltd. All rights reserved. This work has been made available online in accordance with the publisher’s policies. This is the author created, accepted version manuscript following peer review and may differ slightly from the final published version. The final published version of this work is available at https://doi.org/10.1016/j.tree.2017.03.013
Accepted author manuscript, 364 KBLicence: CC BY-NC-ND

Bert Scholtens
- ljrsst-andrews.acuk
Person: Academic

Cite this

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abstract = "Finance ignores ecosystems, which has resulted in a growing list of environmental and social problems. This article assesses the importance of ecology for finance. It suggests that the financial intermediation perspective can align finance and ecology for the benefit of society. This requires that financial institutions account for information about the impact of finance on the environment and vice versa, and that they are held accountable by their supervisors in this domain.",

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AB - Finance ignores ecosystems, which has resulted in a growing list of environmental and social problems. This article assesses the importance of ecology for finance. It suggests that the financial intermediation perspective can align finance and ecology for the benefit of society. This requires that financial institutions account for information about the impact of finance on the environment and vice versa, and that they are held accountable by their supervisors in this domain.

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KW - Finance

KW - Financial intermediation

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Why finance should care about ecology

Abstract

Keywords

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Bert Scholtens

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