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- Title
Çevresel Etkili Tahviller: Genel Bir Bakış.
- Authors
ELA, Mehmet; COŞKUN, Selim
- Abstract
Recent developments in environmental issues have caused the attention of governments to focus on environmental problems and various solutions. As a result, many governments and international organizations have taken various measures against the negativities caused by environmental problems. The growing need for environmental protection measures required more funding sources. As a result of this situation, innovative solutions started to be put forward and as one of these innovative solutions, environmental impact bonds allowed private investors to invest in the solution of environmental issues. Although the environmental impact bond stands out with its "performance-based payment" structure and the benefits it provides to all parties, it has only been implemented in the USA yet. Environmentally effective bonds, which have some disadvantages as well as many advantages they create, still have a narrow application field and have been applied to overcome wastewater and sewage problems and to increase the resilience of forests. In this study, information about environmentally effective bonds is given, their properties and issuance process are explained, the components, examples and advantages of the bond are examined and the obstacles to reaching its potential are determined. Finally, the applicability of the environmental impact bond for Turkey was mentioned and various solutions were offered to reach its potential to be implemented in the world.
- Subjects
TURKEY; FOREST resilience; INDIVIDUAL investors; ENVIRONMENTAL protection; SEWAGE; BONDS (Finance); DIAGNOSIS related groups
- Publication
Selcuk University Social Sciences Institute Journal, 2023, Issue 51, p67
- ISSN
1302-1796
- Publication type
Article
- DOI
10.52642/susbed.1275382