Guidelines for environmental due diligence of renewable technology investments
(2002)The International Institute for Industrial Environmental Economics
- Abstract
- This thesis is set in the context of project financing for renewable energy technologies (RETs). The research looks closely at the environmental review procedures of financial institutions, focusing on the practice of environmental due diligence. This practice originally emerged as an approach used by lenders or investors to manage environmental risks and liabilities stemming from an investment decision, and has lately evolved as a way for financial institutions to incorporate environmental and social considerations in their investment review process. Although it has become increasingly popular, especially indeveloped countries, there is some way to go before environmental due diligence (EDD) is commonly regarded as ?business as usual?.... (More)
- This thesis is set in the context of project financing for renewable energy technologies (RETs). The research looks closely at the environmental review procedures of financial institutions, focusing on the practice of environmental due diligence. This practice originally emerged as an approach used by lenders or investors to manage environmental risks and liabilities stemming from an investment decision, and has lately evolved as a way for financial institutions to incorporate environmental and social considerations in their investment review process. Although it has become increasingly popular, especially indeveloped countries, there is some way to go before environmental due diligence (EDD) is commonly regarded as ?business as usual?. This is particularly true for RET projects, which are still for the most part a relatively minor or new element of the business activity of financial institutions. The thesis describes and analyses the current environmental review procedures followed by a number of financial institutions, and discusses possible drivers and barriers to the use of environmental due diligence procedures for RET investments. This analysis provides background information for developing an environmental due diligence procedure for RET investments, which may be followed by financial institutions when considering these type of projects. The procedure is exemplified for two different RETs: the thesis presents preliminary guidelines for energy crop technologies, which are one of the possible biomass energy conversion systems, and for wind energy technologies. (Less)
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/1324773
- author
- Raushill, Gloria Argueta
- supervisor
- organization
- year
- 2002
- type
- H1 - Master's Degree (One Year)
- subject
- keywords
- renewable energy technologies, environmental review procedures, environmental due diligence, RET investment, RET, Environmental studies, Miljöstudier
- language
- English
- id
- 1324773
- date added to LUP
- 2007-09-06 00:00:00
- date last changed
- 2007-09-06 00:00:00
@misc{1324773,
abstract = {{This thesis is set in the context of project financing for renewable energy technologies (RETs). The research looks closely at the environmental review procedures of financial institutions, focusing on the practice of environmental due diligence. This practice originally emerged as an approach used by lenders or investors to manage environmental risks and liabilities stemming from an investment decision, and has lately evolved as a way for financial institutions to incorporate environmental and social considerations in their investment review process. Although it has become increasingly popular, especially indeveloped countries, there is some way to go before environmental due diligence (EDD) is commonly regarded as ?business as usual?. This is particularly true for RET projects, which are still for the most part a relatively minor or new element of the business activity of financial institutions. The thesis describes and analyses the current environmental review procedures followed by a number of financial institutions, and discusses possible drivers and barriers to the use of environmental due diligence procedures for RET investments. This analysis provides background information for developing an environmental due diligence procedure for RET investments, which may be followed by financial institutions when considering these type of projects. The procedure is exemplified for two different RETs: the thesis presents preliminary guidelines for energy crop technologies, which are one of the possible biomass energy conversion systems, and for wind energy technologies.}},
author = {{Raushill, Gloria Argueta}},
language = {{eng}},
note = {{Student Paper}},
title = {{Guidelines for environmental due diligence of renewable technology investments}},
year = {{2002}},
}