But, let me add that with a good project feasibility report and if the person or the company is credit worthy, banks here in Nigeria can finance such environmental friendly projects.

I don't think so.

But, let me add that with a good project feasibility report and if the person or the company is credit worthy, banks here in Nigeria can finance such environmental friendly projects.

Yes , here in Nepal clean development mechanism is highly appreciated

NO

No, in Vietnam, they don’t focus on environmental problem.

Here in Brazil banks finance anything, varying the rate according to the risk of the project. There are laws to foment in the rural area among others specific for some types of financing. The most important would be in fact your business plan and your credit score. Also worthy of note is the Development Bank - BNDES, which promotes various investment projects.

Russian case: project financing (mainly by state owned, TBTF banks) of environment-friendly projects in energy (solar and wind energy projects), infrastructure projects (real and commercial estate), yet the scale and amounts are small and limited due to high costs and very long projects payback.

Dear Friends and Colleagues of RG,

Are there banks and / or companies that take into account forecasted climate changes in their business decisions?

Please reply

I invite you to the discussion

Thank you very much

Best wishes

Some banks conducting an analysis of the creditworthiness of an enterprise applying for a long-term investment or mortgage loan take into account the issues of climate change, if these changes may affect the business profitability of a specific lending business venture. For example, in the case of a hotel application for a long-term investment loan operating on the sea, the level of which can rise and flood the hotel area.

Another example is a hotel located in the mountains, where winter sports tourists come. Climate change predictions may indicate that 10 years of snow will no longer be the place where this hotel in the mountains provides its services. Therefore, the bank may not grant credit due to the forecasted secondary effects of progressive climate changes and, above all, the rising average temperature.

On the other hand, companies are developing which produce components for new power plants producing electricity as part of renewable energy sources, produce electric car equipment components, e.g. electric motors, batteries, etc. More and more innovative startups are being produced as part of cooperation with large enterprises and renewable energy plants Wind turbine type subassemblies, charging devices for electric cars, etc. Other companies manufacture packaging from recycled materials, recycled or from biodegradable materials.

Other companies are developing innovative solutions for automatic sorting of rubbish. If eco-friendly products become popular and the state creates good institutional, legal and financial conditions for the development of such projects, then the process of implementing sustainable green economy based on the green economy concept will be implemented more quickly and business probes will become more and more profitable. Financial institutions, including banks, will gradually take into consideration eco-friendly processes and business activities of clients in concluded financial transactions.

Do you agree with me on the above matter?

In the context of the above issues, I am asking you the following question:

Are there banks and / or companies that take into account forecasted climate changes in their business decisions?

Please reply

I invite you to the discussion

Thank you very much

Best wishes

Interesting contributions

I am also responding to the following master on his related paper to read a little of his wisdom on equilibrium and stability with regard to the thinking..

@Yoshinori Shiozawa commented on an article Neoclassical, mainstream, orthodox, and heterodox economics

The bottom line is the Ahimsa and Bhumi projects, fully nominated some years ago now at intercollegiate Model UN-level (essential levels of mutually participative integral support), tracing longitudinal experience of India for transformational cycles of products, including all aspects of usage. Contributors to this firmly on the ground is the following reference of respects written into my text topics:

Sources: Colwell, M., Finlay, V., Hilliard, A., Weldon, S. (Eds.), Many Heavens, One Earth: Faith Commitments to Protect the Living Planet, Alliance of Religions and Conservation, Bath, UK, 2009; The Bhumi Project: Compassionate Living, URL= http://bhumiproject.org/compassionate-living Also: URL= http://bhumiproject.org/the-green-temple

Further info on the White House Launch of the project: URL= http://news.iskcon.org/bhumi-green-temple-initiative-receives-white-house-launch,2792/ (both sources accessed Nov 2013). Further info: The Bhumi Africa Project: Reducing the Hindu Ecological Footprint in Africa. (project est. 2012).

'Faith' here is similar to the secular and spiritual designations.

A bit of writing from my text on this subject that I and others could/should revise further:

Another project deemed an archetype in the background peace-building among branch-sciences, is the Bhumi Project, an ancient and contemporary Hindu movement for the protection of mother earth; pragmatically acknowledging wonderful accomplishments of what Hinduism and the Indic religions have cohesively practised together previously in collective senses of invigorating resilience (now with extreme difficulty). One astonishing cause in that was inspiration for 700 Million people to become vegetarians--a caring that has indeed been a saving grace of essential earth ecology--a lack of whom would have significantly exacerbated the environmental state of affairs. Nevertheless, over the past thirty years, knowledge of the pristine means to this stewardship has evolved in step with the global, to a universal education, an awakening. The situation also needs a globalisation of voluntary thinking in green terms of inclusive government, of basic reliable ethnic that holds together inherent reciprocal concerns for non-hypercritical progress by the very means of branch-science. The priority and mark of continuity is the training of environmentalists, of all kinds in support projects of interdependent co-existence for such reliable local futures. It was thus in a Hindu nine-year plan to create prestigious Ahimsa award-labels for the most ecologically sound projects and products, as among other complementary principles for international stewardship. It is a pre-eminent article of news. Examples given are of innovative, Eco-friendly creative building materials, where ethical production can be fully traced from source to effects (collectively, a saving grace for humanity).

Therefor, it has been proposed of these defining links, to be in symmetry with recovering the ecological aspirations of all kinds to be bonded for preservation.

There does not seem too be much in this on the Ahimsa pragmatic aspirations, but it is the defining term for caring attentiveness and inner and outer empathy: of course Holism is a really complete specific word for this that is the consideration and working hypotheses for all dimensions of this dialog on wholly transformational Ahimsa that has the most prolific instantiations through human histories.

With complements to

@Dariusz Prokopowicz

Dear Colleagues and Friends from RG, On the basis of the above considerations and conclusions from the discussion on interesting issues discussed, I formulated the following thesis that in some countries some commercial banks are starting to take into account the issues of ecology and the potential impact of climate change on the economic processes of enterprises that are their clients. The effect is, for example, a modification of the credit policy, which takes into account the prospective, long-term, future impacts of climate change, i.e. the global warming process on credit businesses. In this way, a new type of credit policy is created that takes into account the problems of ecology, i.e. environmentally friendly credit policy. In addition, ecology issues appear in campaigns promoting the bank as an element of marketing, improving the image of the bank, which in this way promotes itself as an institution that cares for ecology, an institution concerned with the negative effects of the development of civilization on the natural environment, as a pro-social institution.

In the context of the above considerations, the following key questions arise:

- Are there banks in your countries that are already developing an environmentally friendly credit policy?

- What kind of advertising campaigns do banks raise environmental issues in?

- Apart from the World Bank, what banks allocate significant financial resources to providing financial support in the implementation of large pro-ecological investment projects?

What do you think about this topic?

What is your opinion on this topic?

Please reply

I invite you to discussion

Thank you very much

Dariusz Prokopowicz till now, Iraqi banks could not launch such projects. The reason behind that is business environment in Iraq, where no eco-friendly project.

Dear Mohammed Faez Hasan, It is sad. I think that these types of problems occur on a different scale in many countries. In some countries, however, a lot is already changing. There are banks that provide the so-called green credits by financing the development of green business ventures. Some commercial banks do so for the time being only to improve their image. But there are already financial institutions that implement the principles of sustainable development, the principles of corporate social responsibility and environmental social responsibility into their credit policy, into their long-term mission and strategy. May there be as many financial institutions as possible.

Thank you very much and best regards,

Dariusz Prokopowicz

In my neck of the woods, mostly renewables Dariusz Prokopowicz - I guess you could add gas.

Dear Kheepe Lawrence Moremi, Thank you very much for your response. Best wishes,

Dariusz Prokopowicz