TY  - JOUR
AB  - Outlines environmental opportunities for the finance sector, which
include: environmental investment funds; investment in new environmental
technologies and services; and brokering tradeable environmental rights.
The rapidly‐growing market in environmental technology and services is
currently around $0.5 trillion globally, largely in waste
management, and 60 per cent in Europe and North America. Argues that
brokerage opportunities are currently limited but could expand quickly
to trillion‐dollar totals if international climatechange and
biodiversity agreements come into effect. Warns that environmental risks
for the finance sector derive largely from the transfer of clean‐up
liabilities to lenders and insurers, although this varies greatly
between nations. Clean‐up costs may reach $2 billion for a single
site.
VL  - 3
IS  - 2
SN  - 0956-6163
DO  - 10.1108/09566169210010879
UR  - https://doi.org/10.1108/09566169210010879
AU  - Buckley Ralf
PY  - 1992
Y1  - 1992/01/01
TI  - Environmental Opportunities and Risks in Finance
T2  - Environmental Management and Health
PB  - MCB UP Ltd
SP  - 22
EP  - 25
Y2  - 2024/04/16
ER  -