Environmental Protection and Finance

Highlighting the legal issues in environmental protection for banking and insurance professionals, this work focuses on current practical problems and how they impact on transactions. It examines the preloan and post-loan situation, drawing on case experience to offer steps to be taken.

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As public awareness of environmental issues increases, the major players in the financial world will be required to take the lead in matters of protection. The "polluter pays" principal has extended to such a degree that where the polluter cannot afford to pay, the lender often must. Highlighting the legal issues in environmental protection for banking and insurance professionals, this work focuses on current practical problems and how they impact on transactions. To be used both as a trouble-shooting guide and as a source of preventative advice, the book examines the preloan and post-loan situation, drawing on case experience at home and overseas to offer steps to be taken. Project finance, securitisation, insuring environmental risk and criminal liability are all just some of the issues dealt with.