Sustainable Development and Green Innovation: Managing Risk Through Interdisciplinary Approaches and Policy Strategies

As the world grapples with pressing issues such as climate change, resource depletion, and biodiversity loss, there is a growing recognition of sustainable development and green innovation’s critical role in addressing these complex problems.

This curated collection offers a nuanced understanding of sustainable development and green innovation, emphasising the management of associated risks. The interdisciplinary approach adopted in Sustainable Development and Green Innovation aims to bridge gaps between various fields, fostering a holistic perspective essential for effective problem-solving. By integrating insights from environmental science, policy studies, economics, and technology, the result is a multifaceted framework capable of navigating the intricacies of sustainable development. While there is a plethora of literature on sustainability and innovation, the explicit focus on managing risks through interdisciplinary methods is a unique aspect of this publication. Recognising that sustainable practices and innovations may introduce uncertainties and potential drawbacks, the research delves into strategies for mitigating and adapting to these risks.

In the disruption of political upheaval, new technologies, climate change, and new regulations, it is more important than ever to understand risk in the financial industry. Providing high quality academic research, the ESFIRM series provides a platform for authors to explore, analyse and discuss current and new financial models and theories, and engage with innovative research on an international scale.

Adalat Muradov is Rector of Azerbaijan State University of Economics (UNEC), Azerbaijan.

Fariz Ahmadov is Vice-Rector for Science and Innovations, Karabakh University, Khankendi, Azerbaijan.

Nargiz Hajiyeva is a distinguished Ph.D. Research Fellow, Political Scientist at Weiser Center for Europe and Eurasia (WCEE). University of Michigan.The Chair of Women Researchers Council, Director of Organization of Scientific Activities Department, Azerbaijan State University of Economics (UNEC), Istiglaliyyat Street 6, AZ1001 Baku, Azerbaijan.

Kiran Sood is Professor at Chitkara Business School, Chitkara University, Punjab, India. Professor at Women Researchers Council, Azerbaijan State University of Economics (UNEC), Istiglaliyyat Street 6, AZ1001 Baku, Azerbaijan.

Simon Grima is Professor of Risk Management, University of Malta, Malta. Professor of Finance, Faculty of Business, Management and Economics University of Latvia.