Environmental externalities refer to the costs or benefits that are not accounted for in the market price of goods or services but are imposed on society as a whole due to the production or consumption activities of businesses. Pollution is a common example of a negative externality, where the costs of pollution, such as damage to public health or the environment, are not directly borne by the polluting entity but affect society at large.
Pollution markets, also known as cap-and-trade systems or market based instruments (MBIs or Market Based Mechanisms – MBMs), aim to address this issue by internalizing the environmental costs of pollution into the operations of businesses. More specifically, “Pollution exchange” or “Pollution markets” refers to a market where pollution permits or credits are bought and sold, allowing companies to trade emissions allowances either as part of a cap-and-trade system (in the case of EU ETS which obligatory market) or to trade emissions in a voluntarily framework. These exchanges provide a platform for the trading of pollution permits or credits in order to regulate and reduce pollution levels. This in practicemean the implementation of Polluter Pay Principle, while in market terms it is called the internalization of external environmental cost into the production cost of each economic agent. There are several platforms and systems around the world that facilitate the trading of pollution permits or credits such as European Union Emissions Trading System (EU ETS).
Our company is proficient in navigating the intricate landscape of renewable energy solutions, specifically in the domain of photovoltaic systems.
We pride ourselves on offering a comprehensive suite of services that spans the entire spectrum – from initial feasibility studies and securing necessary licensing to overseeing the procedure to its completion.
Our extensive network and industry expertise position us perfectly to identify and partner with the most qualified constructors in the field, ensuring that our clients receive not only the best advice but also the best execution.
Trust us to transform your climatic ambitions into a tangible, efficient reality via tailor made solutions based on your needs.
We provide training material to primary, secondary and tertiary sector staff and entrepreneurs involved in all sectors of economy. Indicative areas covered by our seminars and workshops are:
Our approach for ESG training includes the use of our Preparatory Educational Material Development Tool. In order to achieve a clear description of the educational needs of the participants, a quantitative survey is conducted. Thus, before the final development of the educational materials for the seminars and workshops, and in order to form a clearer picture of the existing knowledge of the participants, a brief preparatory questionnaire is provided to assess the current level of knowledge of our client’s employees on the ESG topics. After collecting the responses, the statistical results are analyzed, and the conclusions drawn determine the content and areas where further analysis and deepening are needed.
Moreover, after the completion of ESG Training, we conduct an evaluation of the educational material. So, after the implementation of the seminars and workshops, an evaluation of the project will take place using appropriate questionnaires that will assess the methodology followed. The analysis of the responses and their statistical processing leads to valuable conclusions about the effectiveness and achievement of the initially set goals, as well as improvement suggestions.