Green Finance Reform and Innovation for Sustainable Development of the Greater Bay Area: Towards an Ecosystem for Sustainability

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Sustainable Energy and Green Finance for a Low-carbon Economy

Abstract

The Greater Bay Area of China has reckoned the significance of sustainability in furthering its economic development and growth. This chapter aims to reveal the central planning policy approach that sets the main objectives for an intergenerational sustainable development and growth in one of the most dynamic economic regions of the world. It is envisaged as an opportunity to align with local, regional, and international stakeholders’ interests about issues related to health and sustainability, embracing the United Nations Sustainable Development Goals (UN SDGs) and global climate change concerns. In order to reduce the external costs associated with unsustainable developments and to leverage on an emerging green financing system, certain constraints and targets within an ecosystem in alignment with international standards are desirable to enable adoption of effective policies and technological innovation for harmonizing the complementary clusters, societies, and systems for sustainability through timely adoption of renewable and sustainable energy facilities that are beneficial to the next generation of habitants.

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Correspondence to Artie W. Ng .

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Fu, J., Ng, A.W. (2020). Green Finance Reform and Innovation for Sustainable Development of the Greater Bay Area: Towards an Ecosystem for Sustainability. In: Fu, J., Ng, A. (eds) Sustainable Energy and Green Finance for a Low-carbon Economy. Springer, Cham. https://doi.org/10.1007/978-3-030-35411-4_1

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  • DOI: https://doi.org/10.1007/978-3-030-35411-4_1

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  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-030-35410-7

  • Online ISBN: 978-3-030-35411-4

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