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Investments in environmental business can play a key role in promoting sustainable development, which in itself is a bankable concept since such investments could generate returns with a substantial net present value. Environmental investments could, therefore, serve as a catalyst or multiplier to wealth creation and can also induce policy changes that could create jobs, boost national income and promote sustainable economic growth and prosperity. Thus, environmental investments allow for the simultaneous attainment of business and social objectives through financing of environmentally friendly activities. It is reckoned that, under the current practice of business as usual, the world is spending billions of US dollars annually in direct and indirect subsidies to key sectors such as water, energy, agrochemicals, deforestation and heavily polluting industries that degrade the environment. As a result, investment in clean energy and other environmental goods and services would go a long way in addressing environmental degradation and generating substantial returns to private investors.
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