Financing Change: Financial Community, Eco-Efficiency And Sustainable Development

Largely descriptive rather than prescriptive, Financing Change is the first study to examine questions that will become increasingly important as populations burgeon and the developing countries enter financial markets.

Prominent industrialist Stephan Schmidheiny, coauthor of the influential book, Changing Course: A Global Business Perspective on Development and the Environment, joins Argentinean business leader Federico J. L. Zorraquín and the other 123 members of the World Business Council for Sustainable Development in taking a close look at whether the workings of financial markets (stocks, bonds, banks, and insurance companies) do, or should, support sustainable development. Largely descriptive rather than prescriptive, Financing Change is the first study to examine questions that will become increasingly important as populations burgeon and the developing countries enter financial markets. It examines these issues in separate chapters covering the viewpoints of the financial market participants: company directors, investors and analysts, bankers, insurers, accountants, and raters.

Stephan Schmidheiny is a Swiss industrialist, Chairman of the Business Council for Sustainable Development, and the Principal Advisor for Business and Industry to the United Nations Conference on Environment and Development (ECO'92).