@article{1448217,
      recid = {1448217},
      author = {Linciano, Nadia, and Soccorso, Paola, and Guagliano,  Claudia,},
      title = {Information as a driver of sustainable finance : the  European regulatory framework /},
      pages = {1 online resource :},
      note = {Includes index.},
      abstract = {The Sustainable Development Goals introduced by the United  Nations in 2016 call for the significant mobilisation of  finance. However, although sustainable investments are  steadily increasing, there still remain large gaps within  financing and the information that financial markets rely  on is often incomplete or incorrect. For instance, the  financial system has been structured around short-term  frameworks and goals while the most pressing environmental  and social challenges are long-term. Prices do not convey  the cost of externalities associated with social and  environmental challenges. It is therefore important to  implement the effective pricing of externalities and create  a common language and taxonomy between investors, issuers  and policy-makers in order to best serve sustainable  development. Addressing this challenge, the authors delve  deeper into the levers that can be pulled within the  financial system to prompt an efficient ecosystem of  sustainability-related information, allowing social and  environmental externalities to be incorporated into the  decision-making process of all market agents. Incentives  needed for investors, issuers and intermediaries are  proposed along with regulation that can trigger these  incentives. This book offers a comprehensive collection of  chapters which explore the ongoing evolution of the  European regulatory framework, providing essential reading  for policymakers, practitioners and researchers alike.  Nadia Linciano, PhD, is Head of the Research Division of  the Commissione Nazionale per le Societa e la Borsa  (CONSOB), Italy, and CONSOB member of the Italian Committee  for Financial Education. She previously held teaching  positions at several Italian universities. Nadia studied  economics at LUISS and University of Naples Federico II,  Italy, and at York University, UK. Her research interests  include sustainable finance, financial innovation,  behavioural finance and financial education. Her research  in these areas underpins several CONSOB reports and  articles published in domestic and international journals.  Paola Soccorso is a senior economist in the Research  Division of CONSOB. She previously worked in the banking  sector. Paola studied economics at Tor Vergata and Bocconi  University, Italy. Her research interests include  behavioural finance, households finance, sustainable  investments, financial education and financial innovation.  She is co-author of the Report on financial investments of  Italian households and several studies. She is also engaged  in the development of methodologies and the design of  investor education programs. Claudia Guagliano is head of  the Innovation, Products and Technology Unit in the Risk  Analysis and Economics Department of the European  Securities and Markets Authority (ESMA). She previously  worked in the international financial relations department  of the Italian Treasury and at CONSOB. Claudia studied  economics at Bocconi University, Italy, and Pompeu Fabra  University, Spain. Her research interests include financial  and technological innovation, consumer protection and  sustainable finance.},
      url = {http://library.usi.edu/record/1448217},
      doi = {https://doi.org/10.1007/978-3-030-93768-3},
}