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ENVIRONMENTAL FINANCE: VALUE AND RISK IN AN AGE OF ECOLOGY
Author(s) -
White Mark A.
Publication year - 1996
Publication title -
business strategy and the environment
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 2.123
H-Index - 105
eISSN - 1099-0836
pISSN - 0964-4733
DOI - 10.1002/(sici)1099-0836(199609)5:3<198::aid-bse66>3.0.co;2-4
Subject(s) - restructuring , finance , perspective (graphical) , business , value (mathematics) , environmental degradation , economics , ecology , machine learning , artificial intelligence , computer science , biology
Environmental issues are restructuring markets and redirecting capital flows throughout the world. An outline is provided of concerns facing the development of an environmentally responsible or ‘environmental finance’ perspective. It reviews the major ways in which organizations are responding to environmental threats and opportunities in the three major branches of finance — corporate finance, investments and financial institutions — highlighting in particular novel programs and initiatives. In the past, financial concerns have exacerbated the degradation of the natural environment; in the future, they probably hold the key to their preservation.