IDEAS home Printed from https://ideas.repec.org/a/ags/paaero/233304.html
   My bibliography  Save this article

Finansowanie Inwestycji Proekologicznych Przez Bank Ochrony Środowiska S.A. We Współpracy Z Wojewódzkimi Oraz Narodowym Funduszem Ochrony Środowiska I Gospodarki Wodnej W Latach 1991-2013

Author

Listed:
  • Rutkiewicz, Krzysztof
  • Haniszewska, Cecylia

Abstract

The aim of the study is to evaluate the financing of environmental investments in Poland credited by the Bank of Environmental Protection (BOŚ) in the years 1991-2013. Authors conducted a research relating to the total amount, structure and distribution of resources granted by BOŚ. They indicated directions of financial measures allocation i.e. tasks, projects and achieved ecological effects in the field of environmental protection. A method of deduction was used. Information taken from the theoretical literature as well as legal and normative acts. Empirical data for comparative statistical analysis derived from documents and reports of the BOŚ Department of Ecology and Strategy. In the structure of loans granted by BOŚ in the years 1991-2013, 87% of the investments concerned the protection of the atmosphere, 10% – water conservation and water management, 2.5% – protection of the earth. Most often were used loans with subsidies (in cooperation with National Fund for Environmental Protection & Water Management – 26%), credit lines (23%) or the National Fund payments (21%). In terms of value (16 bln PLN – 40% of measures) dominated commercial investment loans. BOŚ activity in the field of renewable energy sources (RES) relates mainly to loans for the purchase and installation of solar collectors (81% of the contracts, of which 80% were signed in 2011-2013). The largest investments were wind turbines (1.4 bln PLN). Since 1991, 46% of energy from RES obtained in the years 2012-2013. Ecological effects of completed projects include reduction in pollutants’ emission: CO2 – 2.4 mill tons, SO2 – 0.5 mill ton, dust – 139 thous. tons, NOx – 44.5 thous. tons. Financial measures from BOŚ enabled to build wastewater treatment plants (with a capacity of 2.6 mill m3 /day) and sewage network (8.9 thous. km). Neutralized 6.9 mill tones of waste. In the structure of credit debt 31% is represented by RES, 9% refers to energy efficiency and 5% – modernization of technological processes

Suggested Citation

  • Rutkiewicz, Krzysztof & Haniszewska, Cecylia, 2015. "Finansowanie Inwestycji Proekologicznych Przez Bank Ochrony Środowiska S.A. We Współpracy Z Wojewódzkimi Oraz Narodowym Funduszem Ochrony Środowiska I Gospodarki Wodnej W Latach 1991-2013," Roczniki (Annals), Polish Association of Agricultural Economists and Agribusiness - Stowarzyszenie Ekonomistow Rolnictwa e Agrobiznesu (SERiA), vol. 2015(4), August.
    • Handle: RePEc:ags:paaero:233304
    DOI: 10.22004/ag.econ.233304
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/233304/files/17-4-Rutkiewicz.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.233304?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:paaero:233304. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/seriaea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.