Abstract
Sustainable finance regulation, a new type of regulation, preoccupied by ad hoc concerns and pursued by novel instruments is emerging around the world. Sustainable finance regulation itself closely follows the rise of Environmental, Social and Governance (ESG) markets, which gained momentum after the conclusion of the Paris Agreement and due to growing investor pressures. While ESG markets have first operated under self-regulatory regimes, greenwashing controversies, growing climate-related risks, and environmental policy objectives have motivated regulatory responses at both national and international levels. Remarkably, the international coordination of these regulatory responses occurs largely outside the sphere of traditional standard-setters. This contribution explores the singularity and extent of the international regulation and coordination of sustainable finance, showing significant differences in the content and process of the international regulation and coordination of sustainable finance.
Original language | English |
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Title of host publication | Netherlands Yearbook of International Law 2021 |
Subtitle of host publication | A Greener International Law—International Legal Responses to the Global Environmental Crisis |
Editors | Daniëlla Dam-de Jong, Fabian Amtenbrink |
Publisher | T.M.C. Asser Press |
Pages | 191-222 |
Number of pages | 32 |
Volume | 52 |
Edition | 1 |
ISBN (Electronic) | 978-94-6265-587-4 |
ISBN (Print) | 978-94-6265-586-7, 978-94-6265-589-8 |
DOIs | |
Publication status | Published - 28 Apr 2023 |
Externally published | Yes |
Publication series
Series | Netherlands Yearbook of International Law |
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Bibliographical note
Publisher Copyright:© 2023, T.M.C. Asser Press and the authors.