Remediation is the process or act of correcting something. In environmental economics, it is the process of cleaning up or correcting an event that caused significant environmental damage. For example, the oil spill in the Baltic Sea required immediate remediation, as endangered fish species were in danger.
CFI is a global provider of financial modeling courses and of the FMVA Certification. CFI's mission is to help all professionals improve their technical skills. If you are a student or are looking for a career change, the CFI website has a multitude of free resources to help you jumpstart your Career in Finance. If you seek to improve your technical skills check out some of our most popular courses. Below are some additional resources for you to further explore: