Source: International Forum of Sovereign Wealth Funds
The objective of the Framework is to promote the integration of climate change analysis in the management of large, long-term and diversified asset pools. Building on current industry best practice, the Framework aims to foster a shared understanding among long-term asset owners with regard to key principles, as well as methodologies, and indicators related to climate issues.
Traditionally, conservation efforts raise funding for projects and actions in the hope that those activities will result in desired outcomes. This Toolkit explores Pay-for-success financing, an alternative approach. This model ties funding for conservation to project outcomes, incentivizing the achievement of objectives and shifting risk away from public agencies and conservation organizations that implement on-the-ground work.
The Electric Power Research Institute (EPRI) and First Climate announced today an agreement that will move credits from EPRI’s Ohio River Basin Water Quality Trading Project to international credit trading markets. This is a unique collaborative between a water quality project and an environmental asset credit broker to provide access to some of the world’s largest environmental credit buyers.
Conservation could be on the verge of a blue revolution. This year there is growing talk about using entrepreneurial finance to capture atmospheric carbon in revived marine and coastal ecosystems such as coral reefs, mangroves, salt marshes and sea grasses. Conservationists call it “blue carbon.”
After seven years of drought in California that drained aquifers and brought many farmers to the brink, legislators in Sacramento crafted a bunch of rules governing water usage. Those rules, many of which kick in next year, cap how much water farmers and cities can use.
Over the past decade, First Nations have created a robust conservation economy in Canada’s Great Bear Rainforest, one of the largest old-growth temperate rainforests left in the world, through investments in sustainable development and environmental stewardship projects that link the health of nature to the wellbeing of indigenous communities, according to a new report.
The World Bank issued the first “green” bonds in 2008, and the market has since grown steadily, expected to top $250bn in issuance by the end of 2019, according to the Climate Bonds Initiative. But amid all this accelerating activity, the planet's wildlife — on land and in the oceans — has been mostly left behind.
USAID will guarantee up to $35 million of loans made by Circulate Capital to incentivize private capital investment and advance development objectives in the recycling value chain in South and Southeast Asia.
This bond for low-carbon development and sustainable water management will finance, among other things, natural infrastructure solutions in the Netherlands that are crucial for protecting one of the world's lowest-lying countries from floods and sea-level rise.