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Beyond Greenwashing: An Overview of Possible Remedies

In: Green Investing

Author

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  • Alessandro Rizzello

    (University “Magna Græcia” of Catanzaro)

Abstract

The chapter engages with the concept of greenwashing as an emerging issue in the financial world, with particular relevance to the sustainable finance industry. Starting by examining the definition, the main features, and the origin of this phenomenon, the chapter has two aims: to identify the main and widely recognized forms of greenwashing in green finance; and to specify useful tools that could be adopted to mitigate this risk. The chapter reveals interesting insights on the role that emerging approaches, such as the introduction of impact measurement practices, will play in the growth of the green investment industry, by distinguishing between financial operators that invest with environmental impact, and those that invest for environmental impact.

Suggested Citation

  • Alessandro Rizzello, 2022. "Beyond Greenwashing: An Overview of Possible Remedies," Palgrave Studies in Impact Finance, in: Green Investing, chapter 0, pages 107-132, Palgrave Macmillan.
    • Handle: RePEc:pal:psifcp:978-3-031-08031-9_5
    DOI: 10.1007/978-3-031-08031-9_5
    as

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