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| Insuring Environmental Improvement in the Great Lakes Ecosystem: A Collaboration with the Insurance and Great Lakes Industries |
| Status: |
Completed |
| Grantee: |
Tellus Institute |
| Grant Amount: |
$373,000 |
| Award Date: |
September 20, 2001 |
| Contact: |
Karen Shapiro |
| Phone: |
617-266-5400 ext. 244 |
| E-mail: |
kshapiro@tellus.org |
| Category: |
Market Mechanisms for Environmental Improvement |
| Origination: |
General Guidelines |
Tellus Institute will lead a team of insurance companies, technical assistance providers and Great Lakes industries to demonstrate that both individual companies and their insurers can benefit if insurance products are structured to promote and reward a company's effort to eliminate toxic pollutants at their source. The goal of the project is to reduce the build-up of persistent, bioaccumulative, and toxic chemicals (PBTs) in the Great Lakes basin ecosystem by promoting pollution prevention through incentives embedded in insurance products. Participating insurers will offer Great Lakes companies incentives to adopt pollution prevention strategies that cut down on the use, generation, and release of PBTs into the Great Lakes. |
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