Green Finance Approaches to Soil Remediation: International examples
Summary
The document examines the necessity of new financial instruments for soil remediation, as traditional liability rules often fail to address historic and cumulative environmental degradation. It highlights that the political imperative for remediation is strongest when contaminated soil or sediments immediately threaten human health and livelihoods. The report notes that remediation costs vary by project size and regional cost structures, such as fuel and labor. As part of a larger project titled 'Financing Models for Soil Remediation,' this specific report focuses on seven cases to analyze the application of different financing measures.
Key insights
- Traditional liability rules are generally insufficient for addressing the scale of global ecological degradation caused by historic and cumulative environmental pressures, necessitating the use of new financial instruments to fund restoration.
- The political drive to perform soil remediation is most intense when contaminated soils or sediments present an immediate risk to the health and livelihoods of local communities.
- The cost of remediation strategies for the same ecosystem type varies across different geographic areas due to project size and regional cost structures, including fuel costs and workers' salaries.
Cite the original document
- APA
- Larsen,, I. S. F. J. K. C. M. P. L. J. L. L. (2018). Green Finance Approaches to Soil Remediation: International examples. International Institute for Sustainable Development. https://www.iisd.org/publications/report/green-finance-approaches-soil-remediation-international-examples
- Chicago
- Larsen,, Ingvild Skumlien Furuseth,Karl Jakob Kammler,Wenting Chen,Froukje Maria Platjouw,Yan Lin,Morten Jartun,Thorjørn Larssen,Mathias Lund. Green Finance Approaches to Soil Remediation: International examples. International Institute for Sustainable Development, 2018. https://www.iisd.org/publications/report/green-finance-approaches-soil-remediation-international-examples.
- Wikipedia
- {{cite report |last1=Larsen, |first1=Ingvild Skumlien Furuseth,Karl Jakob Kammler,Wenting Chen,Froukje Maria Platjouw,Yan Lin,Morten Jartun,Thorjørn Larssen,Mathias Lund |title=Green Finance Approaches to Soil Remediation: International examples |publisher=International Institute for Sustainable Development |date=4 September 2018 |url=https://www.iisd.org/publications/report/green-finance-approaches-soil-remediation-international-examples |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{larsen2018green, author = {Larsen,, Ingvild Skumlien Furuseth,Karl Jakob Kammler,Wenting Chen,Froukje Maria Platjouw,Yan Lin,Morten Jartun,Thorjørn Larssen,Mathias Lund}, title = {{Green Finance Approaches to Soil Remediation: International examples}}, institution = {International Institute for Sustainable Development}, year = {2018}, month = sep, url = {https://www.iisd.org/publications/report/green-finance-approaches-soil-remediation-international-examples}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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