Environmental Markets: A New Asset Class

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Research Foundation Publications
January 2014 | Vol. 2014 | No. 1 | 159 pages
Source: Research Foundation of CFA Institute
Richard L. Sandor Nathan J. Clark Murali Kanakasabai Rafael L. Marques



Population growth, industrialization, and urbanization in the past 200 years have resulted in local, national, and global pollution of our environment. Markets, when designed properly, can be a powerful agent to combat this pollution. Environmental finance is thus the art and science of using economic incentives, financial tools, and market mechanisms to achieve desired environmental outcomes.

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