Financial Incentives For Green Infrastructure
Environmental impact assessments (EIA) are the main regulatory tool governments use to balance the development and environmental values at stake in infrastructure development. Currently, however, project developers’ incentive for environmental performance dissipates as soon as environmental approval and financing are secured. To truly protect the environment, EIAs need to be accompanied by intelligently structured financial incentives.
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Financial Incentives For Green Infrastructure
Environmental impact assessments (EIA) are the main regulatory tool governments use to balance the development and environmental values at stake in infrastructure development. Currently, however, project developers’ incentive for environmental performance dissipates as soon as environmental approval and financing are secured. To truly protect the environment, EIAs need to be accompanied by intelligently structured financial incentives.
