Eco-innovative Sustainable Investments and a Potential of Environmental Insurance

Małgorzata Rutkowska, Anna Kowalska-Pyzalska and Nina Szczygieł

No WORMS/16/01, WORking papers in Management Science (WORMS) from Department of Operations Research and Business Intelligence, Wroclaw University of Science and Technology

Abstract: In recent decades, the importance of sustainable development has been growing considerably as a premise for economic growth, evolution of societies within the rational use and protection of the environment. In the background of sustainable development, the eco-innovation market emerges to riposte a negative impact of human activity on the environment, making, for this purpose, use of innovative methods and technologies. The eco-innovation market in Poland is still in its development phase, but it is expected to expand due to the system of political and regulatory initiatives, as well as the current financial initiatives. Environmental investments, including those innovative ones, comprise, among others, renewable energy sources (RES). In the world of emerging technologies, one cannot forget they carry risks above mere advantages. This paper addresses a new product on the insurance market, the environmental insurance, presenting its potentialities for eco-innovation projects.

Keywords: Innovations; Sustainable development; Renewable energy sources (RES); Environmental insurances (search for similar items in EconPapers)
JEL-codes: G52 O31 Q56 (search for similar items in EconPapers)
Pages: 10 pages
Date: 2016-01-01
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Published in: Expectations and challenges of modern economy and enterprises : problems - concepts - activities / ed. Jarosław Kaczmarek, Katarzyna Żmija. Cracow : Foundation of the Cracow University of Economics, 2016. p. 67-73

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