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Response to "Making Conservation Finance Investable"

There is renewed hope that conservation financing will finally take off.

Conservation finance has won the lottery. The approach summarized by Fabian Huwyler, Juerg Kaeppeli, Katharina Serafimova, Eric Swanson, and John Tobin holds the potential to push conservation finance to a new level. It is now the time to organize the economic benefits of conservation across the spectrum of conservation needs: oceans, fresh water, forests, all species including the well being of the human species.

Ten years ago, I was frustrated that the land trust I helped found could not pursue the priority projects we identified for lack of appropriate funding (scale and availability). Much has been accomplished but reaching that next level has been slow.

Investment bankers (I am one) are notorious for taking on projects that are large, profitable, and can close in six months. The call to support the important field of conservation finance, while realizing the challenges to design and structure, signals an assessment that conservation finance can enter the mainstream.

Having the team of Credit Suisse, World Wide Fund for Nature, and McKinsey & Company produce a framework of optimism and a road map to move forward gives the field the credibility it needs and should have. We must start writing the next report on the details of producing investable deals. We now have a well thought out “to do” list.

Read the rest of the responses.

 
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COMMENTS

  • James Cook's avatar

    BY James Cook

    ON April 23, 2014 09:51 PM

    How is Melissa Bos connected to theft of conservation funds under conservation international?

  • Joann Trennis's avatar

    BY Joann Trennis

    ON April 23, 2014 10:06 PM

    It is understood that Melissa Bos illegally misallocated funds for conservation projects in Hawaii for her own personal use, including fraud, including employing and coercing staff to perform babysitting for her children as well as housekeeping, while paying them a salary from project funds. Employees spoke up and revealed this behavior. Melissa Bos and conservation international then made an agreement that she would quietly step away from her lucrative program in exchange for them not pressing criminal charges. Immediately after Melissa Bos received her bonus, or keep quite money, she escaped to Australia leaving behind a tarnished reputation, and valudated mistrust. She violated the trust of the a Hawaiian people, for money. Where did all the conservation money go? There was something like $10 million us dollars involved. Why do we spend money on conservation finance projects when corruption within the conservation finance community like that of Melissa Bos is so rank!

  • Joshua K.'s avatar

    BY Joshua K.

    ON April 23, 2014 10:18 PM

    Please, don’t let Melissa Bos involvement in finance fraud tarnish the respected work and characters of the likes of Joe Whitworth and Susan Silver. Sometimes people like Melissa Bos do awful terrible and selfish things that have impacts on those whose motives are honest and heartfelt. I can assure you that Melissa Bos and her involvement with conservation international and her global fish trust strategy in Hawaii it’ll finance of conservation systems is an isolated incedent. Please, know the facts as it pertains to her and conservation international internal workings, and don’t punish the community. I call for more transparency of organizations that harbor these individuals, as these organizations have tremendous resources and financial clout. Thank you,
    Joshua K.

  • Joshua K.'s avatar

    BY Joshua K.

    ON April 23, 2014 10:27 PM

    Ricardo, what exactly did Melissa Bos do, and what can it tell us about the complexities of financial system influence on resource management? Specifically, are there sufficient safeguards in place to protect the interests of stakeholders from corporate conservation and financial interests if those who so cheaply buy there way through the proverbial back door?
    Thanks!

  • Jeff Hamaoui's avatar

    BY Jeff Hamaoui

    ON July 24, 2014 11:49 AM

    Making Conservation Finance Investable

    If corruption of an individual in a specific financial institution was just cause not to do finance we would have to shut down every single financial institution in the US - probably in the world. 

    Focusing on the role of conservation finance in an age of ever decreasing environmental assets is the critical issue here.  The authors have done a terrific job in beginning to compile a conservation finance playbook for exploration in this area…

    What matters from here is how we create the tools and market processes to meaningfully connect the environment into the marketplace.  Building on that idea - I have been recently been inspired by some work done by Alex Dehgan at Duke who has posited that ‘conservation’ will need to shift towards the nexus between new technology innovation, entrepreneurship and finance innovation…

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