Environmental Finance Web Links

Assembled by Professor Arthur Small
School of International & Public Affairs and Columbia Earth Institute
Columbia University

This listi is intended to be selective, not comprehensive. Suggestions for additional links are welcomed at: aas69@columbia.edu. Last updated March 2002.

I. GENERAL ENVIRONMENTAL FINANCE LINKS

Environment and World Bank
-- International Finance Corporation--Environment Division
UNEP Finance Initiatives
EPA - Environmental Finance Program
World Resources Institutue

II. ENVIRONMENTAL COMMODITY MARKETS

(For greenhouse gases, see IV. CARBON FINANCE, below.)

Tradable Permits Systems for Environmental Management -- General

Tom Tietenberg's Tradable Permits Bibliography at Colby College-- Extensive academic bibliography, categorzied

Emissions Trading (air pollution, except greenhouse gases)

Emissions Trading -- General

EPA's Clean Air Market Programs

Brokers:
Cantor Fitzgerald's Environmental Brokerage Service
Natsource
Evolution Markets LLC
Enron --"A Proven Reputation..."

Associations and Newsletters:
Emissions Marketing Association
International Emissions Trading Association (IETA)
The Emissions Trader

Consultants:
ENVIRONMENTAL FINANCIAL PRODUCTS, L.L.C. - Market Solutions to Social Issues

Specific Emissions Markets

US EPA's SO2 Trading Program (Title IV, 1990 Amendments to Clean Air Act) :
US EPA Acid Rain Home Page

Water Markets

Firms dealing in raw water:
Cadiz
WestWater Research

Water Markets -- background:
Readings on Water Markets and on Economics of Water Resources
California State Water Resources Control Board
        - Division of Water Rights
        - The Water Right Process (brief introduction to California issues)
        - A Guide To Water Transfers (how-to; 84-page .pdf file)

Water Resources, general:
U.C. Berkeley Water Resources Center Archives -- "One of the best dam archives in the world." -- D.C. Jackson
The US Dept. of the Interior's Bureau of Reclamation
US Army Corps of Engineers Institute for Water Resources
The California Department of Water Resources

III. FINANCING ENVIRONMENTAL PROJECTS

EPA - Environmental Finance Program
EPA _ Environmental Financial Tools
EPA - Guidebook of Financial Tools: Paying for Sustainable Environmental Systems
UNEP Finance Initiatives
Environment and World Bank
-- International Finance Corporation, Environment Division -- Environmental Projects Unit

Bond Rathing Agencies:
Moody's Investor Services
Standard & Poor's

Water Infrastructure

American Water Works Association -- industry trade group

Water Infrastructure -- New York City case
NYSDEC Division of Water - Information
NYSDEC Watershed Report
New York State Environmental Facilities Corporation
The NYC Municipal Water Finance Authority Home Page
Welcome to the DEP Homepage!

Water Infrastructure -- Venture Capital, Investment Banking, Financial Consulting:
The Water Fund -- investment fund managed by Avalon Trust Co.
Energy & Environmental Ventures LLC
Catalyst Financial Group, Inc.

Energy Efficiency and Renewable Energy

US Dept. of Energy: Energy Efficiency and Renewable Energy Network (EREN)
International Performance, Measurement & Verification Protocol

Energy Efficiency and Renewable Energy -- Venture Capital, Investment Banking, Financial Consulting:
Energy & Environmental Ventures LLC
Catalyst Financial Group, Inc.

Renewable energy firms:
Stirling Energy Systems

Habitat Conservation and Ecosystem Services

NGOs -- International:
World Wildlife Fund -- US
-- WWF Report: "Raising Revenues for Protected Areas"
The Nature Conservancy
-- TNC/UNEP Report, "Funding Protected Area Conservation in the Wider Caribbean"
IUCN Business & Biodiversity Initiative ("Making capitalism work for conservation.")
Conservation International
-- Critical Ecosystem Partnership Fund
-- Conservation Enterprise Fund
Forest Trends -- Emphasize market-based approaches

NGOs -- National:
Trust for Public Land -- U.S.
Bhutan Trust Fund for Environmental Conservation
Fondo Mexicano para la Conservacion de la Naturaleza
-- In English: Mexican Fund for Nature Conservation
Foundation for the Phillipine Environment
National Fund for Natural Areas Protected by the State -- FONANPE (Peru)
Fondo de las Americas (Fund of the Americas) -- Chile
Jamaica National Parks Trust -- JNPT (Jamaica)
Environmental Foundation of Jamaica -- EFJ (Jamaica)
Brazilian Biodiversity Fund -- FUNBIO (Brazil)
Mgahinga-Bwindi Impenetrable Forest Conservation Trust -- MBIFCT (Uganda)
Foundation for Eastern Carpathian Biodiversity Conservation (Poland, Slovakia, Ukraine)
Foundation for the Philippine Environment -- FPE (Philippines)
Fondo Nacional del Medio Ambiente (National Environment Fund) -- FONAMA (Bolivia)
Protected Areas Conservation Trust -- PACT (Belize)
Table Mountain Fund (South Africa)
Fideicomiso para la Conservacion de Guatemala -- FCG (Conservation Trust of Guatemala) -- (Guatemala)

Financial services:
Global Environmental Fund -- Private environmental investing firm (no connection with the Global Environmental Facility)
US Forest Capital -- Financial services to forestry sector, US West Coast-based
Forest Capital Partners, LLC -- Financial services to forestry sector, Boston, Mass.
Forest Enterprises LTD -- Forest investment firm, New Zealand
Irish Forestry Investment
Hancock Timber Resource Group

Consultants:
Natural Strategies, Inc.

Other:
BIOPAT : Willkommen (Name a species for 2,600 Euros!)

IV. CARBON FINANCE

Climate Change Science:
"Climate Change Science -- An Analysis of Some Key Questions" -- report by U.S. National Academy of Sciences

Greenhouse Gas Emissions Trading:
United Nations Conference on Trade & Development -- Greenhouse Gas Emissions Trading Project -- Much good stuff
International Emissions Trading Association

Climate Change Policy
Prototype Carbon Fund
International Energy Agency
Trexler and Associates, Inc. Climate Change Mitigation Services
JI Online Climate Change Information Network
Economics of Climate Change
UNITED NATIONS FRAMEWORK CONVENTION ON CLIMATE CHANGE, UNFCCC
Cop5/Studies index
IEA Greenhouse Gas R&D Programme
Worldwide Methane Emissions
EcoSecurities,environmental finance solutions
Intergovernmental Panel on Climate Change
Global Climate Change
UNCTAD Greenhouse Gas Emissions Trading
Pew Center on Global Climate Change

V. ENVIRONMENTALLY ORIENTED INVESTING

Funds, Managers:
Avalon Trust Co.
Environmentally Responsible Investing: Green Century Funds
New Alternatives Fund
The Pax World Fund Family - A Socially Responsible Fund Group
Socially Responsible Mutual Funds

SRI Indexes:
Dow Jones Sustainability Group Index

Research, analysis, other resources:
Innovest Strategic Value Advisors
Studies in Socially Responsible Investing
Center for Investment Research-SRI Forum
Social Investment Forum -- SRI industry trade association
SocialFunds.com
Investor Responsibility Research Center
Social Investing
Social Investing - Environmental Drivers and Shareholder Value
GreenMoney On-Line Guide Home Page
CERES
Global Reporting Initiative Home Page
Tides Foundation | The Tides Center
Sunoco's 1998 HES/CERES Report: Table of Contents

VI. STUDENT PROJECTS

Spring 2002 papers to be posted upon completion in May 2002.
Examples of papers from a previous vintage of the course can be found here .

ADDITIONAL TOPICS in ENVIRONMENTAL FINANCE:

Environmental Risks -- Natural Hazards, Weather and Climate

Environmental Risks -- Natural Hazards -- Commercial firms, underwriters, consultants:
AIG Management Risk Protection Program
Super Computer Consulting, Inc.
Reinsurance Association of America
ICF Consulting
ELRiX - Reinsurance coverage, risk transfer, cat xl, windstorm reinsurance, earthquake reinsurance...
New AEP
Guy Carpenter Reinsurance Intermediary
Environmental Dynamics Research, Inc.
Applied Insurance Research
Risk Management Solutions
The Bermuda Commodity Exchange

Environmental Risks -- Natural Hazards -- Research
US Geological Survey Coastal and Marine Geology Program
US FEMA: Federal Emergency Management Agency
Wharton Risk Management and Decision Processes Center
US TROPICAL PREDICTION CENTER/NATIONAL HURRICANE CENTER
Univ. of Colorado Hazards Center: List of centers and institutes studying hazards and disasters
Univ. of Colorado Hazards Center: List of web sites on natural hazards, by hazard type
Columbia University Center for Hazards and Risk Research

Environmental Risks -- Weather and Climate -- Commercial firms, underwriters, consultants:
Natsource
ICF Consulting
GuaranteedWeather
Southern Company Energy Marketing - Weather Derivatives
IFS I-WeX The Internet Weather Derivatives Exchange
Good Weather Insurance Agency, Inc.
Weather Futures & Options Resource Center
Enron
Koch Weather Risk Management
Guaranteed Weather helps you minimize your weather risks

Environmental Risks -- Weather and Climate -- Research
Climate Prediction Center
International Research Institute for climate prediction
NASA Earth Observatory

Publications
Risk Publications

USEFUL BIBLIOGRAPHIC and OTHER RESOURCES

General Economics

Economics (and some other) article databases and archives:
EconLit -- Economic literature database -- basic tool for economic research
National Bureau of Economic Research Homepage
JSTOR Journals Browser
Economic journals on the web
APNet Home Page
Academic Press Economics Journals
SSRN Electronic Library
ECONOMICS Working Paper Archive
Econbase, abstracts, contents, search, JEL-codes, author, subject index (Elsevier Science)
PaineWebber Working Paper Series
Working Papers Inventory
AAUP Journals -- Economics
WebEc - The List of Economics Journals - Framed
ScienceDirect
ScienceDirect - Journals
AEAweb: e-JEL
AEAweb Home Page
Kluwer Online Homepage
Welcome to EconPapers
Social Sciences Citation Index
Bloomberg Online: Website
Even the Logic is Milky
Dismal Scientist: Economic Analysis and Data for the World
Pliny Fisk Library of Economics & Finance

Selected economics journals:
JOURNAL OF ECONOMIC PERSPECTIVES
Journal of Political Economy
Journal of Risk and Uncertainty
The Quarterly Journal of Economics
The RAND Journal of Economics
The Review of Economics and Statistics
The Review of Economic Studies

Columbia University Links

Libraries:
Lehman Social Sciences Library
Columbia Business & Economics Library
Library Reserves
Lehman/Social Work Reserves
CLIO (Columbia Libraries on-line catalog)
LibraryWeb: Columbia University Libraries WWW Information System

Environment at Columbia
Columbia Earth Institute
SIPA--Environmetal Policy Studies
Net Impact (Business School student group interested in social and environmental business)

A Few Personal Favorites

The Work of Edward Tufte and Graphics Press
The Official Paul Krugman Web Page

Return to web page for U6238 Environmental Finance .