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/lp/emerald-publishing/environmental-opportunities-and-risks-in-finance-YfQGnY8OvD
References (5)
-
10.1007/978-3-642-76502-5
-
R. Buckley (1991)
Guidelines for Environmental Audit -
R. Buckley (1991)
Economic Instruments of Environmental Policy -
Chester Zagaski (1991)
Environmental risk and insurance -
R. Buckley (1991)
Green Taxes : Legal and Policy Issues in Using Economic Instruments for Environmental ManagementRevenue law journal, 2
- Publisher
- Emerald Publishing
- Copyright
- Copyright © Emerald Group Publishing Limited
- ISSN
- 0956-6163
- DOI
- 10.1108/09566169210010879
- Publisher site
- See Article on Publisher Site
Abstract
Outlines environmental opportunities for the finance sector, whichinclude environmental investment funds investment in new environmentaltechnologies and services and brokering tradeable environmental rights.The rapidlygrowing market in environmental technology and services iscurrently around 0.5 trillion globally, largely in wastemanagement, and 60 per cent in Europe and North America. Argues thatbrokerage opportunities are currently limited but could expand quicklyto trilliondollar totals if international climatechange andbiodiversity agreements come into effect. Warns that environmental risksfor the finance sector derive largely from the transfer of cleanupliabilities to lenders and insurers, although this varies greatlybetween nations. Cleanup costs may reach 2 billion for a singlesite.
Journal
Environmental Management and Health – Emerald Publishing
Published: Feb 1, 1992