Recovery from Covid-19 towards a low-carbon economy: a role for accounting technologies in designing, implementing and assessing stimulus packages

Loading...
Thumbnail Image

Authors

Bui, Binh
De Villiers, Charl Johannes

Journal Title

Journal ISSN

Volume Title

Publisher

Wiley

Abstract

Accounting technologies can be used to help stimulus packages achieve the twin goals of economic stimulus and climate mitigation. Utilising an institutional logic perspective, we show that despite the massive financial consequences of climate change, the current climate response is dominated by the economising logic that justifies limited action. Further, despite its strong potential, accounting technologies are not extensively used in the design of stimulus packages. We develop a framework to explicitly integrate accounting technologies in the design, delivery and review of stimulus packages, thereby simultaneously enabling economic growth and social equity whilst addressing the climate crisis.

Description

Keywords

Accounting technologies, COVID-19 pandemic, Coronavirus disease 2019 (COVID-19), Green recovery, Institutional logics, Stimulus package

Sustainable Development Goals

Citation

Bui, B. & De Villiers, C. 2021. Recovery from Covid‐19 towards a low‐carbon economy ‐ a role for accounting technologies in designing, implementing, and assessing stimulus packages, Accounting & Finance, 61(3), 4789‐4831. https://doi.org/10.1111/acfi.12746.