Veolia Environnement SA · EURONEXT:VIE
Veolia Environnement SA — Investor Presentation (2016)
7 slides from Veolia Environnement SA's investor presentation, 2016
Slide 1: From Pricing Pollution to Enumerating Ecologies
From Pricing Pollution to Enumerating Ecologies Shailaja Fennell Development Studies University of Cambridge
Slide 2: The current version of the green trade agenda
The current version of the green trade agenda • The reduction of GHGs by imposing limits on the carbon content of traded goods • Trade using economic barriers to reduce carbon content (or the red light approach) • A comparative statics approach (shifting along an isoquant)
Slide 3: Limitations of the model
Limitations of the model • Uncertainty whether this will incentivise the production of new technologies (movement to a new isoquant) • Imposes penalties on older (but also traditional) carbon based technologies • Does not bring in the agricultural (or natural) technologies
Slide 4: Advancing agriculture
Advancing agriculture • In developing countries, there will be still under half the population in rural areas • It is developing countries that have raised objections against the developed countries in the WTO for the developed world view is that agriculture is a declining sector and so that objecti
Slide 5: Expanding the frame
Expanding the frame Now that nature's capital including water, old-growth forests, and fishery stocks is becoming scarcer relative to growing stocks of human-made capital, investments in protecting nature's capital and the efficiency of its use are becoming more central to long-term economic sustain
Slide 6: Bringing in biodiversity
Bringing in biodiversity • Developing countries contain 80% of the world’s biodiversity • Should take the initiative in refashioning trade relations in new natural resources that are entering the global commodity market • Pricing these products requires an enumeration of ecological value
Slide 7: Enumerating Ecologies for Pricing Pollution
Enumerating Ecologies for Pricing Pollution • Using value chain analysis to enumerate prices is conducive to capturing co- benefits • Permits the identification of owners within the domestic sphere, and better allocation of property rights • Emphasises the need for a regulatory set of institutions t