Energy offers a thorough yet accessible exploration of a vital, often overlooked aspect of the energy transition. Authored by leading experts, this book is organized into three sections: fundamentals of green and transition finance, their role in achieving carbon neutrality and ESG goals, and the policies that drive the energy transition.
Readers will gain insights into financial instruments and mechanisms influencing global financial markets and the energy sector, focusing on ESG factors. This book covers strategies that support sustainable, green, and net-zero innovations and includes diverse tools, case studies, and global perspectives to help readers design policies, model outcomes, and track progress.
From foundational theory to complex, country-level case studies, this book is an essential guide for students, policymakers, and researchers in energy and financial markets. Written in clear, policy-oriented language, it suits readers from diverse backgrounds.
Table of Contents
Part I Overview of green and transition finance1. The state of transition finance in Korea: Framework and practice
2. Japan’s Green Transformation Policy challenges and ESG investments
3. Role of banks and nonbanking financial institutions in accelerating ESG investments: Perspectives from ASEAN
4. Market-based solutions and supporting policies to scale up private capital in transition finance
Part II
Green and transition finance for meeting carbon neutrality and ESG goals 000
5. Unveiling the potential and perspectives of ESG investments in Vietnam
6. What spurs ESG performance? Evidence from Chinese capital market liberalization
7. Can venture capital coinvestments address cleantech underfunding?
8. Bridging the climate finance gap in China: Informational considerations
Part III
Policies for facilitating the energy transition
9. Role of the inflation reduction acts in financing hydrogen energy projects: Opportunities and challenges
10. Role of governments in unlocking private investments in green energy projects
11. Examining the renewable energy transition financing instruments: Indonesia and ASEAN countries perspectives
12. Green finance for energy transition, energy poverty alleviation, and energy security
13. Assessing the progress and challenges in transition finance: Comparative insights from Japan and Europe for Korea
Authors
Suk Hyun Head Professor, Graduate School of Environmental Finance, Yonsei University, Japan.Suk Hyun is a Head Professor of the Graduate School of Environmental Finance at Yonsei University, Japan, with expertise in international finance, bond markets, and the Japanese economy. Before his current position, he worked as a visiting scholar at the University of Southern California and as a research fellow at the Korea Capital Market Institute. He also served as a bond market specialist at Japan Bank for International Cooperation in Japan and as an economist at the Bank of Korea. His recent research focuses on infrastructure bonds, green bonds, capital market development, and financial integration in Asia.
Farzad Taghizadeh-Hesary Associate Professor of Economics and Finance at the Tokai Research Institute for Environment and Sustainability, Tokai University, Japan. He also serves as the Vice President of the International Society for Energy Transition Studies..Dr. Farzad Taghizadeh-Hesary is an economics and finance associate professor at Tokai University in Japan. He is the co-founder and vice president of the International Society for Energy Transition Studies (ISETS), Editor-in-Chief of the Journal of Environmental Assessment Policy and Management (World Scientific), and associate editor of several academic journals. He has authored over 350 peer-reviewed journal papers and book chapters and edited 25 books by major publishers in various fields, including green finance and sustainability, energy economics, and policy. He was included on Clarivate's list of Highly Cited Researchers. In 2023, he received the Commendation and Medal for Science and Technology from the Minister of Education, Culture, Sports, Science, and Technology of Japan for his outstanding research achievements. He holds a Ph.D. in economics from Keio University, Japan.
Inhyung Lee Senior Research Fellow, Korea Capital Market Institute, Republic of Korea.Inhyung Lee is a Senior Research Fellow and former Vice President at the Korea Capital Market Institute in Seoul, Republic of Korea, where he led the sustainability research agenda on ratings and disclosure, delivered research papers for the public, and conducted commissioned consultation research for the Financial Services Commission and the Korea Exchange. He also led market structure research for the FSC, evaluated high-frequency trading effects on the Korean Exchange market quality, and led macroprudential policy research for various organizations in the aftermath of the Global Financial Crisis. Additionally, he has held positions at FnGuide, the University of Suwon, and LG Business Research.
Bing Xu Professor of Finance, Edinburgh Business School, UK. Bing Xu is a Professor of Finance at the Edinburgh Business School and the Economics & Business theme lead of the Heriot-Watt University NetZero Global Research Institute. She is passionate about working on multidisciplinary projects on low-carbon fuels, sustainable cold chains, and circular chemical economy, which are recognized as central to achieving net zero. Currently, Bing leads on the "Policy, Society and Finance" theme of work on several multidisciplinary UKRI-funded projects to address non-technological barriers around business and finance models, social dynamics, multi-criteria decision-making analysis, and policy, such as Zero Emission Cold-Chain (EP/V042548/1); GREEN-ICEs (EP/T022701/1); Sustainable Cold-Chain (UKERC); UKRI Interdisciplinary Centre for Circular Chemical Economy (EP/V011863/1); Digital Circular Electrochemical Economy (EP/V042432/1); CCUS for UK cluster decarbonization (IDRIC Wave 2).
