Call for Chapters

Role of Green &Transition Financein Achieving Carbon NeutralityEditors
Dr. Suk Hyun, Yonsei University & Green Finance Forum-Korea, Republic of Korea
Dr. Farhad Taghizadeh-Hesary, Tokai University, Japan
Dr. Inhyung Lee, Korea Capital Market Institute (KCMI), Republic of Korea
Conference date and location (hybrid): Sep 22, 2023; Seoul, Republic of Korea
Co-organizers: Yonsei University and Tokai University

Co-organizers: Yonsei University and Tokai University

BackgroundAn increasing number of governments are setting national strategies for achieving carbonneutral societies. Is it enough? Of course not. The current investment levels in carbonneutral projects in most countries are insufficient to meet the climate-related goals set bydifferent countries. (Taghizadeh-hesary and Yoshino, 2019).
To reduce Greenhouse gases (GHGs) to achieve carbon neutrality, countries need to scale
up the financing of investments that provide environmental benefits, known as “GreenFinance.” (Sachs et al., 2019). In addition, new financing approaches and instruments toreduce GHG, known as “Transition Finance,” need to be considered. Transition financeaims to support companies trying to steadily reduce GHG emissions under a long-term
strategy to achieve a decarbonized society (METI, 2022). OECD proposed the transition
finance toolkit. The Japanese government has been an early advocate of the importanceof transition finance and has promoted various initiatives (FSA, 2022). Japan set theguidelines for the transition finance incentives. However, the effectiveness of thesepolicies in reducing GHGs needs to be empirically assessed. In addition, looking forinnovative financing methods is essential to ease green projects’ access to stable andcheap financing. Innovative finance needs to be in three dimensions: institutionalinnovation, innovation in products, and processes (Taghizadeh-Hesary, Aboojafari, andYoshino, 2022)

This call for chapters, seeks theoretical and empirical, and case studies
of innovative and market-based solutions to green and transition finance,that can help achieve decarbonized societies. Successful manuscripts will be
developed into chapters for a book volume dedicated to providing policy
recommendations for developing green finance and transition financestrategies for governments, based on a sound theoretical framework.

Chapters may deal with, but are not limited, to thefollowing:• Ways to assess and mitigate the risk of investments in green projects.
• Role of green and transition finance in achieving net-zero emissions.
• Analyzing green and transition finance programs in major jurisdictions.
• Effectiveness of transition finance incentives.
• Obstacles for transition financing and solutions.
• Fundraiser’s climate transition strategy and governance.
• Ways to assure transparency in the climate transition process.
• Innovative and market-based instruments and sustainability.
• Green finance policy design and effectiveness evaluation.
• Role of governments in unlocking private investments in green projects.
• Public support for investments in green projects during and post-pandemic.
• Role of new technologies (e.g., artificial intelligence; blockchain technology;Internet-of-things; etc.) in easing green and transition finance.
• Role of venture capital, crowdfunding, angel investment, and partner financing inachieving net-zero emissions.
• Roles of institutional innovation, and innovation in products and processes inachieving carbon neutral societies.
• Case studies on utilizing innovative finance in funding green projects.
• Institutional investors and carbon neutral societies.
• Green finance for climate security.

Date of conference (hybrid): Sep 22, 2023
Conference Location: Seoul, South Korea
Co-organizers: Yonsei University and Tokai University

Manuscript Submission Information
Contributors should submit their extended abstract in English by March 31, 2023. The
deadline is not extendable. The extended abstract should be about 1,000 words, including
the title, name of the author(s), affiliation(s), research background, motivation,
methodology, and expected policy implications. Abstracts should be submitted in word
format to farhad@tsc.u-tokai.ac.jp and sukhyun@yonsei.ac.kr.
The subject of the email message: “Submission to the CFP on Green and Transition
Finance book.”
Successful applicants will be notified by April 10, 2023
Accepted abstracts will be invited to present their full chapters at the Role of Green andTransition Finance in Achieving Carbon Neutrality conference to be organized in hybrid
mode in Seoul, the Republic of Korea, on September 22, 2023. Selected applicants must
submit their full chapter by July 30, 2023. The chapter should be 8,000–10,000 words inlength, including references. Accepted chapters will be published by World Scientific in anedited book volume.