Dr. Nyangon Reviews Environmental Finance and Investments in Financial Analysts Journal

Dr. Nyangon has published a scholarly book review of Environmental Finance and Investments by Marc Chesney, Jonathan Gheyssens, Anca Claudia Pana, and Luca Taschini in the Financial Analysts Journal (Vol. 72, No. 4). The review examines a timely contribution to the growing field of environmental finance, which spans markets, regulation, infrastructure, and investment strategy.

The book assesses how environmental commodity markets—particularly carbon markets—can attract capital and incentivize emissions reduction. Rather than focusing on climate economics or sustainability management alone, the authors integrate insights from macroeconomics, commodity markets, project finance, and environmental science to evaluate market-based instruments such as cap-and-trade systems and carbon pricing.

Dr. Nyangon highlights the authors’ exploration of critical political economy questions shaping carbon market design, including conditions for effective emissions reduction, innovation-oriented investment strategies, and trade-offs among production, technology, and pollution. With the Paris Climate Agreement underscoring the urgency of business model innovation, the review underscores the book’s relevance for investors, policymakers, and scholars seeking scalable pathways to a low-carbon economy.