Abstract
We outline the need for conservation finance arising out of the misaligned incentives for natural capital management between individual actors and society as a whole and briefly describe the range of institutional responses: regulation, privatization, and common property resource management. This chapter describes conservation finance and the range of financial mechanisms employed by governments, multilateral institutions, charitable organizations, and private investors to fund conservation activities. These include debt-for-nature swaps, conservation trust funds, markets and payment systems for ecosystem services, and environmental impact bonds.
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Bose, S., Dong, G., Simpson, A. (2019). Conservation Finance and Payment for Ecosystem Services. In: The Financial Ecosystem. Palgrave Studies in Impact Finance. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-030-05624-7_13
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DOI: https://doi.org/10.1007/978-3-030-05624-7_13
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