Enabling Environment [electronic resource] : A Worm's Eye View of Environmental Finance / by Srinivasan Sunderasan.
By: Sunderasan, Srinivasan [author.].
Contributor(s): SpringerLink (Online service).
Material type: BookPublisher: India : Springer India : Imprint: Springer, 2013Description: XIV, 154 p. online resource.Content type: text Media type: computer Carrier type: online resourceISBN: 9788132208822.Subject(s): Renewable energy resources | Fossil fuels | Ecosystems | Renewable energy sources | Alternate energy sources | Green energy industries | Climate change | Environmental law | Environmental policy | Environmental economics | Economics | Environmental Economics | Environmental Law/Policy/Ecojustice | Climate Change | Fossil Fuels (incl. Carbon Capture) | Ecosystems | Renewable and Green EnergyAdditional physical formats: Printed edition:: No titleDDC classification: 333.7 Online resources: Click here to access online 1. Rainmakers -- 2. The Irrelevance of Political Populism: Evidence from Subsidies on Fossil Fuels -- 3. The Persistence of Green Goodwill -- 4. Broadbased Green Stock-market Index -- 5. Appendix to Chapter 4 -- 6. Implied Valuation of Environmental Externalities -- 7. Basket Currency for Pricing Emission Reduction Certificates -- 8. A Retail Market for Ecosystem Services -- 9. Inducing Pro-environmental Behaviour.
Enabling Environment is as real as it gets. The global commons are jointly owned and their inhabitants are jointly obligated to ensure their preservation. In the face of protracted negotiations, convoluted documentation, discord, and incessant bickering among scientists, activists, pressure groups of various hues, politicians and negotiators, very often the people on the ground are ignored or taken for granted. In the meantime, life meanders along. It is these 'everyday individuals' who make consumption-related choices on their lifestyles, travel or on preferring certain products or services over others. Enabling Environment puts the individual front and center.   Ecosystem services need to be recognized, appropriately priced and the costs allocated to the agents concerned. Enabling Environment is about defining economic and non-economic incentive structures and utilizing them to arrive at pro-environmental outcomes. This collection of articles illustrates the use of existing social, economic and regulatory structures, and the financial architecture and instruments, suitably modified or extended, to help internalize the environmental externality.
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