Chapter 2

Sustainable finance

A new finance paradigm

Andreea and Filip Iorgulescu

Introduction

Scientists, scholars, economists, humanists, industrialists and civil servants from around the world have expressed concerns about the problems facing society as a whole, the disruptions caused by poverty, environmental degradation, lack of trust in institutions, uncontrolled growth of urbanization and job insecurity that are characterized by common technical, economic, social and political elements and which interact with each other. Five decades ago, they warned that if demographic trends, industrialization and pollution, food production and the depletion of natural resources remain unchanged, the limits of growth will be reached in the next hundred ...

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