Abstract
Mainstreaming environmental finance widens the utilisation of existing instruments and extends them to environmentally beneficial activities. The objective is to serve clients in ways that make environmental finance a normal set of retail products. The sheer number of households and MSMEs (micro, small and medium enterprises) give providers the weight and opportunity to address environmental concerns. Financial institutions have a key role in environmental finance in ways that ensure sustainable development (Millennium Development Goal 7).
Keywords
- Energy Efficiency
- Renewable Energy
- Financial Institution
- Environmental Activity
- International Energy Agency
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.
Chapter PDF
References
African Institute of Corporate Citizenship (AICC) (2004) Sustainability Banking in Africa. Johannesburg.
Corporation of London and DEFRA: Financing the Future. The London Principles. The Role of UK Financial Services in Sustainable Development. London.
Emtairah, T., Hansson, L., Hao, G. (2007) Environmental Challenges and Opportunities for Banks in China: The Case of Industrial and Commercial Bank of China. In: Greener Management International, March 2007.
Financial Times (2008) Sustainable Banking. Special Report, 3 June 2008.
International Energy Agency (IEA) (2008) World Energy Outlook 2008. Paris.
International Finance Corporation (IFC) (2004) Beyond Risk, Sustainability and the Emerging Markets Financial Sector. Washington.
IFC (2007) Banking on Sustainability. Financing Environmental and Social Opportunities in Emerging Markets. Washington.
Jeucken, M.H.A., Bouma, J.J. (2001) The Changing Environment of Banks. In: The 2001 Symposium of the International Research Network for Quality, Environment and Corporate Social Responsibility, 22 June 2001 Nijmegen. Shipley: ERP Environment.
Lindlein, P., Mostert, W. (2005) Financing Renewable Energy. Frankfurt: KfW.
MARSH Ltd. (2006) Survey of Insurance Availability for Renewable Energy Projects. UNEP, March 2006.
OECD (2006) Financing Water and Environment Infrastructure. The Case of Eastern Europe, the Caucasus and Central Asia. OECD.
Pacheco Capella, A. (2002) Sustainable Finance: An Assessment of Environmental Risks and Opportunities in Latin America. Lund.
Pearce, B. (2002) Financing the Future: The London Principles of Sustainable Finance.
Pratt, L., Rojas, E. (2001) Programa ambiental en bancos latinoamericanos: Una Evaluacion, Centro Latinoamericano de Competitividad. INCAE Costa Rica.
Pratt, L. et al. (2003) Analisis de Mecanismos para el Financiamiento de la Produccion mas Limpia en la Pequeña y Mediana Empresa Latinoamericana. FOMIN/BID, July 2003.
Rijal, K. (2007) Energy Subsidies in Developing Countries: Can We Make It for Those Whom It Is Intended? Joint UNEP and UNECE Expert Meeting on Energy Subsidies.
Schmidheiny, S., Zorraquín, F. (1996) Financing Change: The Financial Community, Eco-efficiency and Sustainable Development.
Stern, N. (2006) The Economics of Climate Change: The Stern Review. Report to the Cabinet Office, HM Treasury. Cambridge: Cambridge University Press.
Taylor, R.P. (2008) Financing Energy Efficiency: Lessons from Brazil, China, India, and Beyond. Washington: World Bank.
UNEP/IEA (2002) Reforming Energy Subsidies.
UNEPFI (2004) Finance and Sustainability in Central and Eastern Europe.
UNEP Finance Initiative (2007) Green Financial Products and Services – Current Trends and Future Opportunities in North America. A Report of the North American Task Force (NATF) of the United Nations Environment Programme Finance Initiative. August 2007.
World Economic Forum (2008) The Financial Development Report. Geneva.
Author information
Authors and Affiliations
Editor information
Editors and Affiliations
Rights and permissions
Open Access. This chapter is distributed under the terms of the Creative Commons Attribution Noncommercial License, which permits any noncommercial use, distribution, and reproduction in any medium, provided the original author(s) and source are credited.
Copyright information
© 2012 The Author(s)
About this chapter
Cite this chapter
Lindlein, P. (2012). Mainstreaming Environmental Finance into Financial Markets – Relevance, Potential and Obstacles. In: Köhn, D. (eds) Greening the Financial Sector. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-05087-9_1
Download citation
DOI: https://doi.org/10.1007/978-3-642-05087-9_1
Published:
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-642-05086-2
Online ISBN: 978-3-642-05087-9
eBook Packages: Business and EconomicsEconomics and Finance (R0)