This issue of environmental SCIENTIST turns to one of the most contentious and complex topics within the environmental sector: finance. The edition considers how we can harness finance to advance environmental improvement, support the transition to net zero, and ensure that our economy is resilient in the face of environmental problems. Crucially, this issue asks who pays for this transition, and how.
There has been widespread global implementation of new financial measures, initiatives and policies (e.g., carbon taxes, Environment and Social Governance (ESG), and green finance to name a few), but the complexities and pitfalls of our current global economic system present challenges for policymakers, researchers, and environmental professionals alike. Financial support for environmental programmes, research and innovation must also remain accessible, democratic, and innovative. This issue of environmental SCIENTIST therefore asks how we can best work towards a truly sustainable financial system, which can unlock new opportunities for environmental and social improvement.
Authors contributing to this issue are experts in the environmental dimensions of finance, from academics and communications experts to political commentators. Their articles consider the successes and failures of new financial frameworks and standards, examine the geopolitics of financing environmental improvement, explore the possibilities for new ways of communicating environmental finance, and investigate innovative solutions to financial challenges.