Environmental Markets is a book born out of economic theory and practical experience. Its purpose is to introduce this new asset class to financial analysts, investors, and corporations to maximize revenues, reduce costs, and manage risks while promoting environmental and social benefits. This book covers three broad asset classes: air and water, catastrophe and weather risk, and sustainability. The book concludes with some insights into the current state of this emerging asset class, some food for thought, and predictions about the future of environmental assets.