This textbook provides an introduction to environmental finance and investments. The current situation raises fundamental questions that this book aims to address. Under which conditions could carbon pricing schemes contribute to a significant decrease in emissions? What are the new investment strategies that the Kyoto Protocol and the emerging carbon pricing schemes around the world should promote? In the context of carbon regulation through emission trading schemes, what is the trade-off between production, technological changes, and pollution?What is the nature of the relation between economic growth and the environment?This book intends to provide students and practitioners with the knowledge and the theoretical tools necessary to answer these and other related questions in the context of the so-called environmental finance theory. This is a new research strand that investigates the economic, financial, and managerial impacts of carbon pricing policies.
This textbook provides an introduction to environmental finance and investments. The current situation raises fundamental questions that this book aims to address. Under which conditions could carbon pricing schemes contribute to a significant decrease in emissions? What are the new investment strategies that the Kyoto Protocol and the emerging carbon pricing schemes around the world should promote? In the context of carbon regulation through emission trading schemes, what is the trade-off between production, technological changes, and pollution?What is the nature of the relation between economic growth and the environment?This book intends to provide students and practitioners with the knowledge and the theoretical tools necessary to answer these and other related questions in the context of the so-called environmental finance theory. This is a new research strand that investigates the economic, financial, and managerial impacts of carbon pricing policies.
Analyses the effects of carbon pricing schemes on emissions, economic growth and investments Investigates the economic, financial, and managerial impacts of carbon pricing policies Written for undergraduate and graduate students, journalists, policy makers and NGOs Includes supplementary material: sn.pub/extras
Marc Chesney
Carbon markets Climate change EU ETS Environmental Finance Theory European Union Emission Trading System Investments Climate change management
“Contributors are to be congratulated since they produced a very good text on environmental finance and economics academically valuable and very useful for practitioners. An outstanding work, providing a very agreeable reading, simultaneously rigorous and pedagogic, written specially for undergraduate and graduate students, journalists, policy makers and NGOs. Indispensable for academics and practitioners in the field of environmental finance and investments. Accessible to anyone curious on these matters.” (Manuel Alberto M. Ferreira, International Journal of Latest Trends in Finance & Economic Sciences, Vol. 6 (2), June, 2016)
“Environmental Finance and Investments … analyze environmental commodity markets and how they can attract investments. … The book also provides an insightful review of the real-option approach as a viable decision-making tool for achieving compliance with environmental regulations. … can be read linearly, chapter by chapter, or it can be used by fund managers, regulatory investors, and green-finance experts as a reference to gain valuable insights into how to manage carbon markets.” (Joseph Nyangon, Financial Analysts Journal, cfapubs.org, Vol. 11 (1), 2016)