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Green Funding: by Sinduja A 09mba51
Green Funding: by Sinduja A 09mba51
by
sinduja a
09mba51
Green fund
A mutual fund or other investment vehicle-
invest in companies that are deemed
socially conscious in their business dealings
or directly promote environmental
responsibility.
Forms of green fund
focused investment vehicle for companies
engaged in environmentally supportive
businesses
alternative energy,
green transport,
water and waste management, and
sustainable living.
AREAS OF
INVESTMENT
Green fund strategy:
based on avoiding negative company
criteria (businesses such as guns, alcohol,
gambling, animal testing, etc.)
choosing positive company criteria
(environmental programs, energy
conservation, fair trade, etc.), or
a combination of both strategies.
objective
To support the environmental sustainability,
governments of various countries are
funding environmental projects and green
ventures.
Mode of funding
The funding is made available through
government bodies: central government,
regional government , local government,
government offices, and regional local
development agencies.
Green initiatives
Major industrial private sector firms have
formed an Alliance for Energy Efficient
Economy (AEEE )
The Central Leather Research Institute -
quality of leather as well as reduce
environmental pollution.
National environmental policy(2006)-
formed for promoting clean technology.
Government funding
Government funding for environmental
management practices - allotted as a
percentage of the 'economic stimulus
package‘.
The stimulus package consists of the
government funding for various economic
and social activities, and includes tax
rebates.
Green funding- examples
Infosys-> a carbonneutral company by
2012.
involves investing in projects that remove