Driving sustainability transitions through financial tipping points

<p>Achieving a net-zero-carbon economy requires significant structural changes in the financial system, driving a substantial shift in investment towards low-carbon assets. This transformation of finance is necessary beyond the aim of climate stabilization but is more broadly required to foste...

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Main Authors: N. Ameli, H. Chenet, M. Falkenberg, S. Kothari, J. Rickman, F. Lamperti
Format: Article
Language:English
Published: Copernicus Publications 2025-02-01
Series:Earth System Dynamics
Online Access:https://esd.copernicus.org/articles/16/333/2025/esd-16-333-2025.pdf
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author N. Ameli
H. Chenet
H. Chenet
M. Falkenberg
M. Falkenberg
S. Kothari
J. Rickman
F. Lamperti
F. Lamperti
author_facet N. Ameli
H. Chenet
H. Chenet
M. Falkenberg
M. Falkenberg
S. Kothari
J. Rickman
F. Lamperti
F. Lamperti
author_sort N. Ameli
collection DOAJ
description <p>Achieving a net-zero-carbon economy requires significant structural changes in the financial system, driving a substantial shift in investment towards low-carbon assets. This transformation of finance is necessary beyond the aim of climate stabilization but is more broadly required to foster sustainably thriving economies. In this paper, we offer a critical discussion of the positive tipping points that can be activated in the financial system to accelerate a fast, sustainable transition. Identifying and leveraging these critical and positive tipping points can amplify sustainable investments and foster transformative changes in the practices of the financial sector. By aligning expectations, steering herding behaviour, mobilizing public finance, reducing capital costs, reaching low-carbon investment thresholds in developing nations, and enforcing robust financial regulations and policies, the financial system can assume a central role in re-orienting economies onto a net-zero and sustainable course. Taken together, such mechanisms highlight the positive tipping points that can be triggered within sustainable finance and emphasize the necessity of policy interventions to activate and capitalize on these dynamics.</p>
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publishDate 2025-02-01
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series Earth System Dynamics
spelling doaj-art-b813fbf40b1b4227bc47d3d2ef6078892025-08-20T02:45:33ZengCopernicus PublicationsEarth System Dynamics2190-49792190-49872025-02-011633334510.5194/esd-16-333-2025Driving sustainability transitions through financial tipping pointsN. Ameli0H. Chenet1H. Chenet2M. Falkenberg3M. Falkenberg4S. Kothari5J. Rickman6F. Lamperti7F. Lamperti8Institute for Sustainable Resources, University College London, London, UKInstitute for Sustainable Resources, University College London, London, UKIESEG School of Management, Univ. Lille, CNRS, UMR 9221 – LEM – Lille Economie Management, 59000 Lille, FranceInstitute for Sustainable Resources, University College London, London, UKDepartment of Network and Data Science, Central European University, Vienna, AustriaInstitute for Sustainable Resources, University College London, London, UKInstitute for Sustainable Resources, University College London, London, UKInstitute of Economics, Sant’Anna School of Advanced Studies, Pisa, ItalyRFF-CMCC European Institute on Economics and the Environment, Milan, Italy<p>Achieving a net-zero-carbon economy requires significant structural changes in the financial system, driving a substantial shift in investment towards low-carbon assets. This transformation of finance is necessary beyond the aim of climate stabilization but is more broadly required to foster sustainably thriving economies. In this paper, we offer a critical discussion of the positive tipping points that can be activated in the financial system to accelerate a fast, sustainable transition. Identifying and leveraging these critical and positive tipping points can amplify sustainable investments and foster transformative changes in the practices of the financial sector. By aligning expectations, steering herding behaviour, mobilizing public finance, reducing capital costs, reaching low-carbon investment thresholds in developing nations, and enforcing robust financial regulations and policies, the financial system can assume a central role in re-orienting economies onto a net-zero and sustainable course. Taken together, such mechanisms highlight the positive tipping points that can be triggered within sustainable finance and emphasize the necessity of policy interventions to activate and capitalize on these dynamics.</p>https://esd.copernicus.org/articles/16/333/2025/esd-16-333-2025.pdf
spellingShingle N. Ameli
H. Chenet
H. Chenet
M. Falkenberg
M. Falkenberg
S. Kothari
J. Rickman
F. Lamperti
F. Lamperti
Driving sustainability transitions through financial tipping points
Earth System Dynamics
title Driving sustainability transitions through financial tipping points
title_full Driving sustainability transitions through financial tipping points
title_fullStr Driving sustainability transitions through financial tipping points
title_full_unstemmed Driving sustainability transitions through financial tipping points
title_short Driving sustainability transitions through financial tipping points
title_sort driving sustainability transitions through financial tipping points
url https://esd.copernicus.org/articles/16/333/2025/esd-16-333-2025.pdf
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