||National Funds Help the Env (mind)
|| 34 sor
||Elektromos KOrnyesz-infok (mind)
|| 50 sor
||BME-BKE osztondij! (mind)
|| 7 sor
||UNEP Global Survey on Environment and Banking (mind)
|| 170 sor
|| 25 sor
|+ - ||National Funds Help the Env (mind)
National Funds Help the Environment in Central and Eastern Europe (CEE)
Five Countries Raise Over $450 Million
Budapest - Foreign aid and government budgets can be expected to
finance only a small proportion of future environmental projects in
Central and Eastern Europe, with the National Environmental
Protection Funds in some countries becoming more important sources
of financing, according to a survey recently published by the
Regional Environmental Center for Central and Eastern Europe (REC).
National Environmental Protection Funds in Central and Eastern
Europe: Case Studies of Bulgaria, Czech Republic, Hungary, Poland,
and Slovak Republic is the latest in a series of surveys that aim to
facilitate cooperation between countries in the region and to
provide information which allows for comparative assessment.
Starting in 1989, National Environmental Protection Funds were
established in these countries to collect charges and fines on
pollution and recycle this revenue to fund environmental projects.
In 1993 the five countries in the survey had collected about $456
million which primarily supported projects to combat air, water, and
waste pollution. "In view of the financial situation in the
region," said REC Executive Director Stanislaw Sitnicki, "these
Funds are essential to ensure needed investments in environmental
protection". The REC's survey compares the institutional framework
guiding the Funds' activities, their spending strategies, and their
decision-making processes. It also considers their possible future
roles in environmental protection.
Miklos ter 1
|+ - ||Elektromos KOrnyesz-infok (mind)
Regional Environmental Center Hosts
Electronic Communications Workshop
Budapest - Sixteen leaders in the field of environmental
information systems gathered for a workshop in Budapest hosted
by the Regional Environmental Center for Central and Eastern
Europe (REC) on Thursday, January 19. The workshop, entitled
"Cooperation in Building Electronic Communications in Central
and Eastern Europe," brought together users and providers of
environmental information services from Central and Eastern
Europe as well as Western international organizations. The
main goal of the workshop was to identify areas for
cooperation among the many organizations establishing
networks, in order to maximize the benefits and avoid the
costs of duplication.
The Regional Environmental Center has recently begun to
establish a network, the REC-Net, to link local REC offices in
the 13 countries it serves and provide them access to as many
global sources of environmental information as possible.
Presently, the REC serves as the repository of the most
comprehensive environmental data bank in the CEE region. "By
collaborating with other information resource centers and
exchanging experiences, the REC can further its mission to
increase public participation in sustainable development
issues," according to Rossen Roussev, the database
communications officer at the REC's Budapest head office.
Participants included representatives from the United Nations
Development Program's Sustainable Development Network, the
Consortium for International Earth Science Information
Network, the Soros Foundation, and Sun Microsystems. Central
and Eastern European operators of environmental networks in
Hungary (GreenSpiderNet), the Czech Republic (EConnect),
Romania (StrawberryNet), the Slovak Republic, Poland, and
Estonia presented their experiences and needs for future
Among the immediate outcomes of the workshop were the
formation of on-line working groups to examine and report on
critical issues, collaboration with other information
cooperatives world-wide, and an offer to establish an
electronic link between the Warsaw University Computer Center
and the REC's local office in Poland.
Contact: Winston H. Bowman
Tel: 36 1 250 3401
|+ - ||BME-BKE osztondij! (mind)
A BME es a BKE minden kornyezetes hallgatojanak melegen ajanlom a Colorado
State University nemzetkozi csereprogramjat. Ha tenyleg van kornyezetes
munkad, es tudsz angolul, konnyen megnyerheted, es itt olyan lehetosegekhez
jutsz, hogy el se hiszed! Azonkivul iszonyu jo buli!
Szivesen nyujtok tobb informaciot.
Zalka Peter (jelenleg a fenti program resztvevoje)
|+ - ||UNEP Global Survey on Environment and Banking (mind)
KORNYESZ 25-ben emlitett felmerest reszletekben kozlom. Barkinek
szivesen elkuldjuk a teljes valtozatot e_mail-kent avagy ha nagyon
szukseges hard-copy (korlatozott szamban) szinten elerheto: e_mail
to Mr. Terry Collins at or to me
snail mail address: UNEP/Regional Office for North America,
Two UN Plaza, Room DC2-806, New York, NY 10017 USA
* * *
Part 1 of 6
UNEP GLOBAL SURVEY ON ENVIRONMENTAL POLICIES AND PRACTICES OF
THE FINANCIAL SERVICES INDUSTRY
This research, conducted by the Environment and Finance Research
Enterprise, sponsored by the United Nations Environment Programme
with additional financial support from Salomon Inc, serves as a
barometer of how the industry is currently looking at key
environmental issues. It is a critical first step in the
establishment of a more proactive and global approach to
environmental initiatives within the financial services industry.
Due to its international scope and the breadth of issues covered,
the survey is intended to provide an empirical contribution to
understanding how environmental issues are influencing the
financial services industry, and the perceived importance of such
issues within the industry.
The research was designed to examine five major areas:
1. Determine the current extent and focus of environmental
activities/programs within the commercial and investment
banking segments of the financial services industry.
2. Explore the differences in the approaches taken towards
environmental liability exposure and risk management
between equity and debt financing transactions.
3. Identify industry practices and related trends as they
pertain to environmental regulations and guidelines
affecting the financial services community.
4. Understand the industry's short-, medium-, and long-
term perspective on environmental issues, as well as,
the extent of specific environmental programs and
activities currently in place and those anticipated to
be adopted in the future.
5. Identify where additional technical support would be
most useful in responding to the environmental concerns
of the targeted segments of the financial services
industry and specifically how multilateral agencies
could fill that need.
A substantial amount of data was gathered concerning the
environmental activities, perceptions and future expectations of
the international financial services industry. Some of its
findings are consistent with previous country-specific studies.
In a number of instances, however, the information gathered is
more broadly based and thus more descriptive of industry trends
than previous surveys. The study identified a number of key
1. Seventy percent of the respondents believe that
environmental issues have a material impact on their
business. Initially, it appears that firms focus on
non-core activities such as energy conservation and
recycling. However, as their awareness grows so does
their willingness to take on environmental initiatives
that relate directly to core banking activities, such as
environmental credit risk analysis and transactions with
firms that focus on environmental technologies.
2. The focus on environmentally related activities crosses
all geographic regions of the world~s industrialized
economies. North America is most focused on risk
management processes and tools and European institutions
are leading the way on identifying environmentally-
related new business opportunities.
3. Over 80% of the respondents perform some degree of
environmental risk management on the debt side of their
business. This percentage is even higher in
industrialized countries. However, environmental issues
presently appear to play little role when it comes to
equity financing. Also, compared to the day-to-day
management of risk associated with a specific
transaction, environmental criteria are less likely to
be included in formulating an overall lending and
4. Liability is the single greatest issue currently facing
respondents. The financial risks, present and future,
associated with environmental liability arising from the
extension of credit have become a major concern for
financial institutions around the world.
5. Differences in regulations, both within and across
national borders, are posing an increasing problem for
the industry. Firms are concerned about their ability
to comply with the growing volume and complexity of
environmental regulation that affects their industry.
This trend is expected to continue over the next fifteen
6. While much environmental due diligence is performed
prior to committing funds to a transaction, once the
funds are committed little monitoring of the
environmental risk associated with a company~s
activities occurs. This appears to be tied to (i) the
current interpretation of national legislation on the
issue and related liability concerns and (ii) the cost
of designing and managing a monitoring process.
7. A need exists for more meaningful analytical data
and risk quantification tools.
8. Regardless of their current perspective, geographic
base, or economic stage of development, all respondents
believed environmental issues will receive more
attention and become increasingly integrated with core
business activities over the next 15 years. In
particular, financial institutions will be more likely
to look for transactional opportunities with
Implications of findings
The results of this study highlight eight areas that need to be
addressed by the industry, governments and multilateral agencies
as financial institutions become more involved with environmental
issues over the next 15 years.
1. Individual institutions will need to continue to expand
environmental initiatives, especially as they relate to
core banking activities.
2. The industry and multilateral agencies need to extend
the environmental practices already in place in
industrial economies to developing countries and expand
the existing process of establishing environmental
practices in transitional economies.
3. Institutions need to explore more seriously the
revenue side of the equation rather than focus primarily
on risk management.
4. Institutions need to broaden their focus to include
effective approaches to address environmental issues
associated with equity financing.
5. National governments and multilaterals need to play a
key role in creating "global" environmental
guidelines/regulations that would simplify the approach
to cross-border transactions, while also setting the
stage for an ~even~ playing field.
6. The industry needs more sophisticated, empirically-
based risk management tools.
7. More information needs to be gathered on the
industry's requirements in the areas of risk management,
credit analysis, training and modeling.
8. Given the regional differences in focus and
activities, the overall industry would benefit from a
global exchange of information on environmentally
focused banking policies and practices.
This study establishes a base of knowledge about current
environmental policies and practices within the global financial
services industry. Understanding the reasons behind the study~s
findings is an important next step in helping both banks and
multilateral agencies within the industry to improve their
responsiveness to the risks and opportunities presented by the
environmental questions facing the global economy.
Gabor Szilagyi >
United Nations Environment Programme
Regional Office for North America
|+ - ||atomeromu (mind)
Ago es tobbiek:
a Csussz valoban nev (becenev), es azzal a hanggal ejtendo, ami a
magyar abc-ben kozvetlenul a ty utan all, azaz rovid u ( nem u' nem u:
es nem u" ) :-)
Az adatforrasaimrol annyit: mint a JATE fizika szakos hallgatoja,
lehetosegem volt tanulmanyi kirandulast tenni a paksi atomeromuben,
mintegy ket eve, onnan szarmaznak. Hulye fejjel nem jegyzeteltem, nem
gondoltam arra, hogy anno... me'g jol johetnek az ott kozolt adatok.
Mindenesetre megprobalok friss informaciohoz jutni es ugy gondolom, hogy
az is hasznos volna, ha valaki(k) ossze tudna(k) szedni a tobbi orszagra
vonatkozokat is. Azt hiszem, tanulsagos lehetne osszevetni, hogy
a kulonbozo energiaforrasbol szarmazo elektromos energia mely
orszagban mennyibe kerul. Arrol jutott ez az eszembe, hogy valahol
olvastam, hogy a - viszonylag kozvetlenul - napenergia felhasznalassal
mukodo eromuvek legjobbjai kb. 1 es 1,5 dollarcent kozotti aron kepesek 1
watt elektromos energiat produkalni.
Es egy masik kerdes: tobbszor olvastam mar arrol, hogy a allitolag
regesreg vannak mar a dugattyus motoroknal jobb hatasfoku benzinpusztito
szerkentyuk, csak piaci megfontolasokbol nem vezetik be oket az auto- es
motorgyarak. Tudja valaki, hogy milyen motorok ezek? Csak nem a
Wankel-motorok? Vagy valamifele turbinak?