Abstract
The observation of the economic, social and environmental challenges facing humanity today leads us to reconsider the models of economic growth pursued, to recognise their limitations and to give a critical assessment of human governance and his way of exploiting the world’s resources. The thesis seeks to demonstrate how the depletion of natural resources and the use of the main renewable energy sources, namely water, sun and wind can be used to deepen the understanding of man's relationship with the environment, the compromise between his freedom and responsibility and the moral principles that must govern his conduct. These challenges highlight the urgency of a critical thinking on the financial activity today and its contribution to the real and sustainable development of the economy. Thus, this work proposes to explore few examples of the contemporary integration of "ethical" principles in the financing modes of projects related to the use of water, sun and wind. We first give an assessment of the modes of financing and investment called ethical or alternative. We consider, in particular, socially responsible investing, sustainable capital markets, financial inclusion institutions, multilateral development banks and participatory finance. The objective is to examine how ethical principles can be integrated into the modern financing modes of green and sustainable projects, i.e. how the financial expertise integrates the concerns for climate change and renewable energies globally. This analysis also demonstrates the growing interest in issues related to sustainability and social justice, although their effective implementation can sometimes be questioned.
| Translated title of the contribution | Water, sun and wind : Energies for the world. Which “ethical” modes of financing? |
|---|---|
| Original language | French |
| Publication status | Published - 2017 |
| Externally published | Yes |