Options for Financing Eco-Innovation Available to Enterprises

Aleksandra Szulczewska-Remi , Zenon Foltynowicz

Abstract

Any enterprises seeking to adopt eco-innovative solutions aimed at lowering their adverse environmental impacts and protecting natural resources face a high-cost barrier. The barrier precisely is the difficulty that plagues Polish businesses, which commonly suffer from insufficient internal funding and problems accessing external financing. Written in an environment in which new financial instruments, such as venture capital funds operating as public- private partnerships, are now emerging, the publication seeks to describe the latest instruments for financing eco-innovation focused on environmental aspects of furthering the sustainable development of enterprises. The study relies on the critical analysis and synthesis of scientific literature and key Polish and EU documents. Also presented are eco-innovation funding opportunities available to Polish enterprises.