The Earth is an evolutionary system that can be viewed as a Socio-Ecological System built around Monetary relations (SESM) because of the coupling of the Anthropocene Era with globalization. Given the simultaneous (environmental-economic) risks of "total uncertainty" and "systemic aftermath",...

The natural capital concept is generating broad interest that extends well beyond economists. Economics has a long history of applying capital theory to natural resources. However, measurement of the value of ecosystems has mostly focused on income flows rather than valuing stocks of natural...

The Sustainable Development Goals (SDGs) are a universal call to action to end poverty and protect the environment. The Government of Guatemala is prioritizing the SDGs it will focus on and defining lines of action to make progress towards achieving them. In this paper, we apply the Integrated...

In this paper we introduce a new variant on the more traditional green climate bond. Green bonds are standard corporate bonds created to finance environmentally beneficial projects. The concept of a Reverse Green Bond is very similar to contingent convertibles (CoCos) issued by financial...

In 2015, the UN adopted a new set of Sustainable Development Goals (SDGs) to eradicate poverty, establish socio-economic inclusion and protect the environment. Critical voices such as the International Council for Science, however, have expressed concerns about potential incompatibility of the...

This paper discusses a sustainability exercise for use in a management science course. Specifically, we discuss an exercise using goal programming and Excel Solver for making supplier selection decisions incorporating a triple bottom line approach (economic, environmental and social performance...

The literature on real options shows irreversibilities, uncertainties about future benefits and costs, and the flexibility in decision making generate benefits and costs of delaying immediate action. When applied to government policy making, real options models can lead to efficient policies...

What allows MNCs to maintain their sustainability practices over the long term? This is an important but under-examined question. To address this question, we investigate both the development and sustenance of sustainability practices. We use the dynamic capabilities perspective, rooted in...

Despite the growing number of empirical studies on foreign direct investment (FDI) and energy efficiency (EE) as they relate to green growth, there remains an empirical research gap with respect to whether EE can engender positive synergy with FDI to foster inclusive green growth (IGG) in...

Despite the growing number of empirical studies on foreign direct investment (FDI) and energy efficiency (EE) as they relate to green growth, there remains an empirical research gap with respect to whether EE can engender positive synergy with FDI to foster inclusive green growth (IGG) in...