Environmental Concerns Of Carbon Finance Essay - 1644 Words

INTRODUCTION Environmental concerns in general, and issues regarding climate change in particular, are not only health and safety concern, but also a into corporate financial load, which involves chief executive officers (CEOs) and chief financial officers (CFOs) as well as boards of directors. The reach of Carbon Finance has left a few fields unaffected. It has reached one and all. Carbon finance makes you liable for the green house emissions you generate. Thus, carbon finance: †¢ Represents one specific dimension of environmental finance. †¢ Explores the financial risks and opportunities associated with a carbon constrained society. †¢ Anticipates the availability and use of market-based instruments that are capable of transferring environmental risk and achieving environmental objectives. A variety of drivers influence the discipline of carbon finance, which in turn takes many forms. It is shaped by national and international regulations, which require producers and consumers to emit fewer greenhouse gases (GHGs), or to pay the price. Some of these regulations had their origin in an earlier piece of legislation designed to curb air pollution, conserve energy, and promote renewable energy. Others have been created by international agreements such as the Kyoto Protocol and the European Union Emission Trading Scheme. Putting a price on greenhouse gas emissions will have a significant effect on country and company bottom lines. Thus, we define carbon finance broadly inShow MoreRelatedCsr Programs And Corporate Social Responsibility1728 Words   |  7 Pagesits clients understand their money, the company also puts a lot of effort into helping the communities by executing Corporate Social Responsibility (CSR). 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