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Environmental Finance: Value And Risk In An Age Of Ecology

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  • Mark A. White

Abstract

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.

Suggested Citation

  • Mark A. White, 1996. "Environmental Finance: Value And Risk In An Age Of Ecology," Business Strategy and the Environment, Wiley Blackwell, vol. 5(3), pages 198-206, September.
    • Handle: RePEc:bla:bstrat:v:5:y:1996:i:3:p:198-206
    DOI: 10.1002/(SICI)1099-0836(199609)5:33.0.CO;2-4
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    References listed on IDEAS

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    Cited by:

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    14. Yonghong Tang & Hui Wang & Zirong Lin, 2023. "Spatial Heterogeneity Effects of Green Finance on Absolute and Relative Poverty," Sustainability, MDPI, vol. 15(7), pages 1-22, April.
    15. Qianyi Du & Haoran Pan & Shuang Liang & Xiaoxue Liu, 2023. "Can Green Credit Policies Accelerate the Realization of the Dual Carbon Goal in China? Examination Based on an Endogenous Financial CGE Model," IJERPH, MDPI, vol. 20(5), pages 1-26, March.
    16. Marta Stanisławska, 2023. "An Examination of Households’ Attitudes towards Renewable Energy Source Investments in Lower Silesian Voivodeship," Energies, MDPI, vol. 16(20), pages 1-18, October.
    17. Rong Guan & Haitao Zheng & Jie Hu & Qi Fang & Ruoen Ren, 2017. "The Higher Carbon Intensity of Loans, the Higher Non-Performing Loan Ratio: The Case of China," Sustainability, MDPI, vol. 9(4), pages 1-17, April.
    18. Nicolás Gambetta & Fernando Azcárate-Llanes & Laura Sierra-García & María Antonia García-Benau, 2021. "Financial Institutions’ Risk Profile and Contribution to the Sustainable Development Goals," Sustainability, MDPI, vol. 13(14), pages 1-15, July.
    19. Xiao Yan Zhou & Ben Caldecott & Andreas G. F. Hoepner & Yao Wang, 2022. "Bank green lending and credit risk: an empirical analysis of China's Green Credit Policy," Business Strategy and the Environment, Wiley Blackwell, vol. 31(4), pages 1623-1640, May.
    20. David P. Angel & Joseph Huber, 1996. "Building Sustainable Industries For Sustainable Societies," Business Strategy and the Environment, Wiley Blackwell, vol. 5(3), pages 127-136, September.
    21. Fdez-Galiano, Inés Merino & Feria-Dominguez, José Manuel, 2024. "Do ESG disclosures mitigate investors’ reaction on mining disasters? Evidence from Brazil," The Quarterly Review of Economics and Finance, Elsevier, vol. 95(C), pages 256-267.
    22. Tifang Ye & Xiuli Xiang & Xiangyu Ge & Keling Yang, 2022. "Research on Green Finance and Green Development Based Eco-Efficiency and Spatial Econometric Analysis," Sustainability, MDPI, vol. 14(5), pages 1-29, February.
    23. Hu Mengze & Li Wei, 2015. "A Comparative Study on Environment Credit Risk Management of Commercial Banks in the Asia‐Pacific Region," Business Strategy and the Environment, Wiley Blackwell, vol. 24(3), pages 159-174, March.

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