Environmental Finance: A Guide to Environmental Risk Assessment and Financial Products: 98 (Wiley Finance) - Hardcover

Labatt, Sonia

Hardcover

ISBN 10: 0471123625 ISBN 13: 9780471123620

Publisher: Wiley, 2002

Synopsis

An engaging and comprehensive look at the intersection of financial innovation and the environment
This unique book provides readers with a comprehensive look at the new markets being created to help companies manage environmental risks, including weather derivatives, catastrophe bonds, and emission trading permits. Filled with real-world case studies and timely advice, Environmental Finance contains corporate strategies that financial service professionals as well as their clients must understand in order to proactively improve a company's environmental performance.

About this title

About the Author

SONIA LABATT is an associate faculty member at the Institute of Environmental Studies (IES), University of Toronto. She is actively engaged with the financial services world as an investor, and the academic world of environmental finance through a graduate-level course that she has developed and taught since 1996, "Corporate Perspectives on the Environment."

RODNEY R. WHITE is Director of the Institute for Environmental Studies (IES), University of Toronto. His experience includes environmental consulting work for clients such as the World Bank, UNESCO, the Canadian International Development Agency, and the United States Agency for International Development. During 1999-2000, he was an Associate Fellow of the Environmental Change Institute at the University of Oxford, where he offered a graduate course, "The Financial Services Sector and Environmental Change." His most recent books include North, South and the Environmental Crisis, Urban Environmental Management (Wiley), and Building the Ecological City.

From the Back Cover

"Environmental Finance provides a thorough, objective discussion of the environmental risk issues facing financial institutions and how to effectively manage both the challenges and opportunities they present. A very current, informative and comprehensive reference."
─James R. Evans, Manager, Environmental Risk Management RBC Financial Group

Today, environmentally irresponsible companies run the risk of hurting their bottom line as well as their image. As a result, environmental risk is reshaping the way insurance companies underwrite to corporate clients, banks lend, investors invest, and companies operate. Banks and insurance companies are also developing new environmental financial products to help their corporate customers protect their bottom line against changes in environmental legislation and the impact of adverse weather and climate change.

Environmental Finance: A Guide to Environmental Risk Assessment and Financial Products is one of the first books to explore this emerging field. This comprehensive reference opens with a discussion of the concepts and tools used by financial institutions to develop environmental policies and products, and then details how recent changes in the financial services sector have affected the capacity of companies to respond to the environmental challenge. From here you'll learn about innovative new products such as tradable pollution permits, weather derivatives, catastrophe bonds, and many other market-based solutions that are being created in response to every type of environmental problem-from hurricanes to asbestos.

The financial and social consequences of environmental risk will continue to grow. Learn how to hedge these risks and come out on top with Environmental Finance as your guide.

From the Inside Flap

"Environmental Finance provides a thorough, objective discussion of the environmental risk issues facing financial institutions and how to effectively manage both the challenges and opportunities they present. A very current, informative and comprehensive reference."
─James R. Evans, Manager, Environmental Risk Management RBC Financial Group

Today, environmentally irresponsible companies run the risk of hurting their bottom line as well as their image. As a result, environmental risk is reshaping the way insurance companies underwrite to corporate clients, banks lend, investors invest, and companies operate. Banks and insurance companies are also developing new environmental financial products to help their corporate customers protect their bottom line against changes in environmental legislation and the impact of adverse weather and climate change.

Environmental Finance: A Guide to Environmental Risk Assessment and Financial Products is one of the first books to explore this emerging field. This comprehensive reference opens with a discussion of the concepts and tools used by financial institutions to develop environmental policies and products, and then details how recent changes in the financial services sector have affected the capacity of companies to respond to the environmental challenge. From here you'll learn about innovative new products such as tradable pollution permits, weather derivatives, catastrophe bonds, and many other market-based solutions that are being created in response to every type of environmental problem-from hurricanes to asbestos.

The financial and social consequences of environmental risk will continue to grow. Learn how to hedge these risks and come out on top with Environmental Finance as your guide.

Edition details

• Publisher: Wiley
• Publication date: 2002
• Language: English
• ISBN 10: 0471123625
• ISBN 13: 9780471123620
• Binding: Hardcover
• Edition number: 1
• Number of pages: 387