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The sustainability of green funds

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  • Bert Scholtens

Abstract

This paper analyses the performance of the Dutch “Green Funds Scheme”. This scheme is a policy instrument to advance green projects. The scheme relies on tax compensation for private investors who save or invest in green institutions below market returns. The green institutions select and monitor certified green projects and pass through part of the lower funding costs to investors. Certification of the green projects is based on environmental value‐added and innovation. We provide a description of the characteristics of this incentive scheme and investigate the scheme's performance.

Suggested Citation

  • Bert Scholtens, 2011. "The sustainability of green funds," Natural Resources Forum, Blackwell Publishing, vol. 35(3), pages 223-232, August.
    • Handle: RePEc:wly:natres:v:35:y:2011:i:3:p:223-232
    DOI: 10.1111/j.1477-8947.2011.01387.x
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    References listed on IDEAS

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    Cited by:

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    3. 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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