{"product_id":"environmental-finance-isbn-9780471123620","title":"Environmental Finance","description":"An engaging and comprehensive look at the intersection of financial innovation and the environment\u003cbr\u003e 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.  CHAPTER 1: THE EMERGING WORLD OF ENVIRONMENTAL FINANCE.\u003cbr\u003e \u003cbr\u003e Introduction.\u003cbr\u003e \u003cbr\u003e An Emerging Field.\u003cbr\u003e \u003cbr\u003e Why Is It Happening at This Particular Time?\u003cbr\u003e \u003cbr\u003e Lessons Learned.\u003cbr\u003e \u003cbr\u003e How Might Environmental Finance Prepare Us for the Challenges Ahead?\u003cbr\u003e \u003cbr\u003e Conclusion.\u003cbr\u003e \u003cbr\u003e CHAPTER 2: CONCEPTS AND TOOLS FOR DEVELOPING ENVIRONMENTAL FINANCE.\u003cbr\u003e \u003cbr\u003e Introduction.\u003cbr\u003e \u003cbr\u003e Environmental Management and Shareholder Value Creation.\u003cbr\u003e \u003cbr\u003e Environmental Management Systems.\u003cbr\u003e \u003cbr\u003e Stakeholder Relationships.\u003cbr\u003e \u003cbr\u003e Looking Ahead: Scenarios and Simulations.\u003cbr\u003e \u003cbr\u003e Tools for Risk Transfer.\u003cbr\u003e \u003cbr\u003e Trading Atmospheric Emission Reduction Credits.\u003cbr\u003e \u003cbr\u003e Conclusion.\u003cbr\u003e \u003cbr\u003e CHAPTER 3: THE FINANCIAL SERVICES SECTOR.\u003cbr\u003e \u003cbr\u003e Introduction.\u003cbr\u003e \u003cbr\u003e Structure of the Global Market for Financial Capital.\u003cbr\u003e \u003cbr\u003e Forces Reshaping Financial Service Industries.\u003cbr\u003e \u003cbr\u003e Core Financial Services.\u003cbr\u003e \u003cbr\u003e Response of the Financial Services Sector to Deregulation.\u003cbr\u003e \u003cbr\u003e Financial Services' Approach to Environmental Issues.\u003cbr\u003e \u003cbr\u003e Conclusion.\u003cbr\u003e \u003cbr\u003e Endnotes.\u003cbr\u003e \u003cbr\u003e CHAPTER 4: BANKING.\u003cbr\u003e \u003cbr\u003e Introduction.\u003cbr\u003e \u003cbr\u003e Commercial Banking.\u003cbr\u003e \u003cbr\u003e Direct Liability of Contaminated Land.\u003cbr\u003e \u003cbr\u003e Brownfield Redevelopment.\u003cbr\u003e \u003cbr\u003e Risk Management.\u003cbr\u003e \u003cbr\u003e Environmental Products and Services.\u003cbr\u003e \u003cbr\u003e Niche Markets and Microcredit.\u003cbr\u003e \u003cbr\u003e Internal Environmental Management.\u003cbr\u003e \u003cbr\u003e UNEP Financial Institutions Initiative.\u003cbr\u003e \u003cbr\u003e Measurements and Reporting of Environmental Management.\u003cbr\u003e \u003cbr\u003e Investment Banking.\u003cbr\u003e \u003cbr\u003e Climate Change: Risks and Opportunities for the Banking Sector.\u003cbr\u003e \u003cbr\u003e Sustainable Energy Funds.\u003cbr\u003e \u003cbr\u003e The Price of Carbon.\u003cbr\u003e \u003cbr\u003e Reputational Risk.\u003cbr\u003e \u003cbr\u003e Conclusion.\u003cbr\u003e \u003cbr\u003e Web Sites.\u003cbr\u003e \u003cbr\u003e CHAPTER 5: INSURANCE.\u003cbr\u003e \u003cbr\u003e Introduction.\u003cbr\u003e \u003cbr\u003e Angus Ross, Invited Author's Comment.\u003cbr\u003e \u003cbr\u003e Contaminants in the Environment.\u003cbr\u003e \u003cbr\u003e Climate Change and Extreme Weather Events.\u003cbr\u003e \u003cbr\u003e Transferring Risk from the Insurance Industry to the Capital Markets.\u003cbr\u003e \u003cbr\u003e Regional Variations in the Response of Insurance Companies to the Environmental Challenge.\u003cbr\u003e \u003cbr\u003e Conclusion.\u003cbr\u003e \u003cbr\u003e Endnote.\u003cbr\u003e \u003cbr\u003e CHAPTER 6: INVESTMENTS.\u003cbr\u003e \u003cbr\u003e Introduction.\u003cbr\u003e \u003cbr\u003e Evolution of Screening for Social and Environmental Responsibility.\u003cbr\u003e \u003cbr\u003e The Relationship between Environmental and Financial Performance.\u003cbr\u003e \u003cbr\u003e Performance of Environmentally Screened Funds.\u003cbr\u003e \u003cbr\u003e Variation in Research Results.\u003cbr\u003e \u003cbr\u003e Socially Responsible Investment Portfolio Performance Ratings.\u003cbr\u003e \u003cbr\u003e Institutional Portfolio Managers.\u003cbr\u003e \u003cbr\u003e Environmental Products in Fund Management.\u003cbr\u003e \u003cbr\u003e Environmental Research and Rating Organizations.\u003cbr\u003e \u003cbr\u003e Weightings.\u003cbr\u003e \u003cbr\u003e Investable Indexes.\u003cbr\u003e \u003cbr\u003e Conclusion.\u003cbr\u003e \u003cbr\u003e Endnotes.\u003cbr\u003e \u003cbr\u003e Web Sites.\u003cbr\u003e \u003cbr\u003e CHAPTER 7: CLIMATE CHANGE AND FINANCIAL VULNERABILITY.\u003cbr\u003e \u003cbr\u003e Introduction.\u003cbr\u003e \u003cbr\u003e Accepting Climate Change as a Real Phenomenon.\u003cbr\u003e \u003cbr\u003e Physical Impacts of Climate Change.\u003cbr\u003e \u003cbr\u003e Vulnerability by Economic Sector.\u003cbr\u003e \u003cbr\u003e Anticipating Human Response to Climate Change.\u003cbr\u003e \u003cbr\u003e Critical Factors in Human Response to Climate Change.\u003cbr\u003e \u003cbr\u003e Conclusion.\u003cbr\u003e \u003cbr\u003e Web Sites.\u003cbr\u003e \u003cbr\u003e CHAPTER 8: Environmental Reporting and Verification.\u003cbr\u003e \u003cbr\u003e Introduction.\u003cbr\u003e \u003cbr\u003e Trends in Environmental Reporting.\u003cbr\u003e \u003cbr\u003e Main Types of Environmental Reporting.\u003cbr\u003e \u003cbr\u003e Pollution Release and Transfer Registers.\u003cbr\u003e \u003cbr\u003e Accounting Profession and Security Regulators.\u003cbr\u003e \u003cbr\u003e Environmental Reporting from the Preparer's Perspective.\u003cbr\u003e \u003cbr\u003e Environmental Reporting from the User's Perspective.\u003cbr\u003e \u003cbr\u003e Progress in Environmental Reporting.\u003cbr\u003e \u003cbr\u003e Alan Willis, Invited Author's Comment.\u003cbr\u003e \u003cbr\u003e Conclusion.\u003cbr\u003e \u003cbr\u003e Web Sites.\u003cbr\u003e \u003cbr\u003e CHAPTER 9: Strategies for Managing Environmental Change.\u003cbr\u003e \u003cbr\u003e Introduction\u003cbr\u003e \u003cbr\u003e Greenhouse Gas Emission Targets: Rationale, Types, and Methods.\u003cbr\u003e \u003cbr\u003e Green Housekeeping.\u003cbr\u003e \u003cbr\u003e Environmental Reporting.\u003cbr\u003e \u003cbr\u003e Global Monitoring.\u003cbr\u003e \u003cbr\u003e Climate Change Programs.\u003cbr\u003e \u003cbr\u003e New Weather-Related Products.\u003cbr\u003e \u003cbr\u003e Trading Pollution Reduction Credits.\u003cbr\u003e \u003cbr\u003e Conclusion.\u003cbr\u003e \u003cbr\u003e Endnotes.\u003cbr\u003e \u003cbr\u003e Web Sites.\u003cbr\u003e \u003cbr\u003e CHAPTER 10: THE WAY AHEAD.\u003cbr\u003e \u003cbr\u003e Introduction.\u003cbr\u003e \u003cbr\u003e Business and Environmental Change: What's New?\u003cbr\u003e \u003cbr\u003e The New Paradigm.\u003cbr\u003e \u003cbr\u003e Data Quality.\u003cbr\u003e \u003cbr\u003e Leadership.\u003cbr\u003e \u003cbr\u003e Environmental Change: From Challenge to Opportunity.\u003cbr\u003e \u003cbr\u003e The Environmental Learning Curve: Redefining Success.\u003cbr\u003e \u003cbr\u003e APPENDIX A.\u003cbr\u003e \u003cbr\u003e UNEP Statement by Financial Institutions on the Environment and Sustainable Development.\u003cbr\u003e \u003cbr\u003e List of Signatories to the UNEP Statement by Financial Institutions on the Environment and Sustainable Development.\u003cbr\u003e \u003cbr\u003e UNEP Statement of Environmental Commitment by the Insurance Industry.\u003cbr\u003e \u003cbr\u003e Status of the UNEP Statement of Environmental Commitment by the Insurance Industry.\u003cbr\u003e \u003cbr\u003e APPENDIX B.\u003cbr\u003e \u003cbr\u003e APPENDIX C.\u003cbr\u003e \u003cbr\u003e The Annex 1 Countries.\u003cbr\u003e \u003cbr\u003e ACRONYMS.\u003cbr\u003e \u003cbr\u003e REFERENCES.\u003cbr\u003e \u003cbr\u003e INDEX.  \u003cp\u003e\u003cb\u003eSONIA LABATT\u003c\/b\u003e 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.\"  \u003c\/p\u003e\u003cp\u003e\u003cb\u003eRODNEY R. WHITE\u003c\/b\u003e 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.   \u003c\/p\u003e\u003cp\u003e\"\u003ci\u003eEnvironmental Finance\u003c\/i\u003e 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.\"\u003cbr\u003e ─James R. Evans, Manager, Environmental Risk Management RBC Financial Group  \u003c\/p\u003e\u003cp\u003eToday, 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.  \u003c\/p\u003e\u003cp\u003e\u003ci\u003eEnvironmental Finance: A Guide to Environmental Risk Assessment and Financial Products\u003c\/i\u003e 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.  \u003c\/p\u003e\u003cp\u003eThe financial and social consequences of environmental risk will continue to grow. Learn how to hedge these risks and come out on top with \u003ci\u003eEnvironmental Finance\u003c\/i\u003e as your guide.\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47989145141477,"sku":"NP9780471123620","price":115.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9780471123620.jpg?v=1761782979","url":"https:\/\/k12savings.com\/es\/products\/environmental-finance-isbn-9780471123620","provider":"K12savings","version":"1.0","type":"link"}