Financial Security Instruments is a financial mechanism designed to ensure the availability of funds for closure-related obligations by providing a legally enforceable claim against assets or guarantees, differentiated from other financial instruments by its specific purpose of securing environmental or operational decommissioning liabilities.
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Fan Zhang, Ethan Cecchetti, Kyle Croman et al. · 2016 · 565 citations · Full text
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George Washington University
Washington, United States
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900 citations
National Bureau of Economic Research
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International Monetary Fund
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