This book, written by Sonia Labatt and Rodney R. White (authors of Environmental Finance) and published by Wiley, is a comprehensive guide that explores the financial implications of living in a carbon-constrained world.
Sonia Labatt and Rodney White have provided a highly-readable overview of the key developments in the fast-evolving area of carbon finance. Carbon Finance is a valuable guide for anyone wishing to understand the implications of this innovative market-based approach to combating climate change.
Key Topics: - Opening with a brief introduction to the Kyoto Protocol and the policies that shape a carbon-constrained society, Carbon Finance quickly moves on to: - Outline the carbon finance marketplace, and explain the speed with which it has developed and the complexity of its growth - Explore specific products – designed to cover environmental risks associated with climate change – for Alternative Risk Transfer - Take a closer look at the entire energy chain and its relationship to today's value chain - Examine the fiduciary duty of institutional investors as they assess the financial effects of climate change within the investment community - Detail key mechanisms created through the Kyoto Protocol and the experience of the EU Emissions Trading Scheme
