‘Go Green’ has become the new mantra across the globe. To implement the mantra successfully a huge amount of funding as well as awareness is very important. Financial industry can play a pivotal role. Green Finance has evolved as an emerging field of study in the 21st century. Green Banking...

This paper reviews the current scenario of rural banking and examines the developments in rural banking in the post-liberalisation period. The paper highlighted the transformation in reaching the rural sector by commercial banks in a competitive atmosphere and its impact on rural/priority sector...

TABLE OF CONTENTSIntroduction 192I. Cleaning Up Contaminated Sites 200A. Program Accomplishments 205B. NPL Listings/Deletions 206C. Construction Complete 209D. Government Performance Results Act Measures 210E. Removal Actions 212II. Paying for Cleanup: Taxes and Liability 213A. Superfund Trust...

The 1980 Comprehensive Environmental Response, Compensation and Liability Act in the US has extended the tools of the Environmental Protection Agency to recover cleanup costs caused by pollution damages from the liable parties. In particular, the banks who finance the firms causing environmental...

Using a novel dataset that combines syndicated loans originated in the Asia Pacific markets with greenhouse gas emission intensity data of borrowers, this study examines whether and to what extent banks in the region have considered climate-related risk in their loan pricing decisions. Our...

We use administrative credit registry data from Europe to study the impact of voluntary lender net zero commitments. We have two sets of findings. First, we find no evidence of lender divestment. Net zero banks neither reduce credit supply to the sectors they target for decarbonization nor do...

This study is motivated by the fact that the financial sector has been mandated to support political decisions promoting sustainable development. For the banking sector, ESG (environmental, social and governance) risks constitute a new source of risks which should be identified, evaluated,...

Promoting social information reporting and disclosure can promote sustainable banking. The paper aims to measure banking social sustainability by constructing a new interval-based composite indicator using the Thomson Reuters database. In this work, we propose an approach to constructing...

We examined the net-zero commitments made by Global Systemically Important Banks (G-SIBs). In recent years, large banks have significantly increased their ambition and now disclose more details regarding their net-zero targets. There is also growing convergence, with the vast majority of G-SIBs...