CAPACITY TO FINANCE ENVIRONMENTAL INVESTMENTS OF A POLLUTER
Iuliana Predescu and
Gabriela Piciu
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Iuliana Predescu: Romanian-American University
Studii Financiare (Financial Studies), 2012, vol. 16, issue 4, 72-84
Abstract:
Risk evaluation of financing environmental investment projects presumes the identification, interdependency, analysis and prospecting of their effects. This is necessary because the elusion, individual approach or improper sizing of these investment projects may have unfavourable and unpredicted consequences on the efficiency of the strategies and policies of environmental protection. This purpose of this research is to identify, through scientific, methodological and empirical analysis of the economic concepts, principles and arguments, the risks associated to the sustainable financing of environmental investment projects in terms of: (1) Avoiding and internalising the financing costs; (2) Avoiding and internalising the environmental externalities.
Keywords: financing risks; financing through projects; investments for environmental protection (search for similar items in EconPapers)
JEL-codes: Q56 (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:vls:finstu:v:16:y:2012:i:4:p:72-84
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