This article explores the principles that should guide efforts to raise finance for climate action in developing countries. The main conclusions are that, first, there is an important role for private finance, which would be facilitated by having pervasive and broadly uniform emissions pricing...

Recently bankers have come to realise that banking operations, especially corporate lending, affect and are affected by the natural environment and that consequently the banks might have an important role to play in helping to raise environmental standards. Although the environment presents...

CV studies rarely ask willingness to accept (WTA) questions, yet there are a range of environmental projects where there are likely to be potential losers as well as gainers. This paper presents evidence from six biodiversity projects that the inclusion of contingent compensation payments from...

Charges for parking in the countryside pose a particular dilemma in Scotland as they are seen by many outdoor groups as a backdoor approach to restricting the public's newly acquired right of responsible access to the countryside. The issue is particularly sensitive in the case of the Cairngorms...

This paper reports a Contingent Valuation application to estimate the non-market costs and benefits of hydro scheme developments in an Icelandic wilderness area. A deliberative group-based approach, called Market Stall, is compared to a control group consisting of conventional in-person...

Should lenders be made liable for environmental damages caused by their customers? In a recent paper Pitchford studied the case where the customer is a wealth-constrained manager-owned firm. He argued convincingly that a joint liability of lender and firm may reduce the firm's incentive to...