Flammer, Caroline; Giroux, Thomas; Heal, Geoffrey - National Bureau of Economic Research - 2023
The use of private capital to finance biodiversity conservation and restoration is a new practice in sustainable … finance. This study sheds light on this new practice. First, we provide a conceptual framework that lays out how biodiversity … types of financing is the "monetization" of biodiversity, that is, the extent to which investments in biodiversity can …