Financing the Global Environment examines the financial techniques and strategies necessary to obtain funding to undertake infrastructure and environmental projects. Despite conventional notions that monies are typically not readily available for large-scale environmental projects, the book explains how this is usually not the case, and will provide the necessary steps, tools, and organizational methods necessary for successful project finance in any region. It demonstrates how the largest possible projects could be undertaken at the lowest possible cost and how a utility’s excess operating income could be used to improve the system.
Features:
- Presents methods for the sourcing of funds and for maximizing income
- Defines what types of income can be used for making debt service payments and how it can be estimated
- Explains the basic concepts of loans and debt, as well as the present value theory of money
This book serves as a useful guide for practicing professionals, industry executives, and government officials who work with water and wastewater utilities and infrastructure and are involved with financial project preparation.
Chapter 1 Financing the Global Environment
Chapter 2 Measuring Income
Chapter 3 Maximizing Cash Available for Debt Service
Chapter 4 Loan Basics
Chapter 5 Project Valuation
Chapter 6 Financial Feasibility
Chapter 7 Alternative Finance Options
Chapter 8 Sources of Funds
Chapter 9 Cost/Benefit Analysis
Chapter 10 Tariff Design
Chapter 11 Subsidies
Biography
Michael Curley is a lawyer and a Visiting Scholar at the Environmental Law Institute in Washington, D.C. He writes books about environmental law and finance and has taught at the Johns Hopkins University, George Washington University and the Vermont Law School. In 2018-19, he provided the Environmental Commentary on Maryland's public radio station, WYPR. Michael has worked in 40 countries and has built clean water and basic sanitation systems in Kazakhstan, Nicaragua, Guatemala and El Salvador. And when he's not doing that, he's writing novels and short stories...
