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Greening the Financial Sector: How to Mainstream Environmental Finance in Developing Countries

Greening the Financial Sector: How to Mainstream Environmental Finance in Developing Countries

Hardcover

Business GeneralInvesting & Finance

ISBN10: 3642050867
ISBN13: 9783642050862
Publisher: Springer
Published: Dec 13 2011
Pages: 250
Weight: 1.10
Height: 0.80 Width: 6.30 Depth: 9.30
Language: English

Environmental finance, particularly energy efficiency and renewable energy (EERE) finance, can and should serve as an interface to other sub-sectors of financial sector promotion such as microfinance, housing finance or agricultural finance. For example, existing clients of financial institutions include small and medium-sized enterprises and households, and these are often suffering from high energy prices or have no access to sustainable energy supply. At the same time, these clients are vulnerable to extreme weather events, and often hit hardest by the impact of climate change. There are many other examples which show that the financial sector has an enormous potential to support green investments. In order to tap this potential on a sustainable basis, it is important to have a sound understanding which role financial institutions can and should play.

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Investing & Finance