Eco-Finance is the first in-depth legal analysis of this extraordinary hybrid of environmental regulation and global financial markets. It deals with what are currently the two dominant types of market-based environmental instruments: market-traded environmental instruments (which include the tradable pollution allowances envisaged by the Kyoto Protocol), and environmental financing instruments (which include the emerging class of environmental and socially responsible investment funds). Among the numerous topics and issues treated by Ali and Yano are the following: - the 'cap-and-trade' regime; - debt-for-environment swaps; - forestry securitisations; - greenhouse gas emissions markets; - carbon funds and swaps; - tradable green certificates- weather derivatives; - duty to hedge climatic risks; - catastrophe bonds; - protected cell companies; - the prudent investor rule; and- ethical security indices.