Environmental, developmental and financial risks of tropical timber plantation investment funds

Bert Scholtens

Natural Resources Forum, 1998, vol. 22, issue 4, 271-277

Abstract: This paper examines economic development and the environment within a market‐based approach through financial instruments that incorporate a considerable array of risks. It investigates how financial markets combine finance and sustainable development by analyzing investment funds participating in tropical forest plantations. These funds project high expected returns and carry huge financial risks, especially country risk, price risk, and credit risk. Environmental and developmental risks do not appear to be very large, as most plantations are established on former farmland and as the quantitative impact of the plantations seems limited.

Date: 1998
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
https://doi.org/10.1111/j.1477-8947.1998.tb00737.x

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wly:natres:v:22:y:1998:i:4:p:271-277

Access Statistics for this article

More articles in Natural Resources Forum from Blackwell Publishing
Bibliographic data for series maintained by Wiley Content Delivery ().