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The need for Patient Capital to bring Biodiversity
& Ecosystem Finance into the mainstream
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David Bellamy OBE is a
botanist, author, broadcaster and environmental campaigner. He is the author of
over 40 books and 80-plus scientific papers with a common theme to ecology and
the environment. He is also widely known from his appearances on television
during his career. |
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Following the success of the inaugural
Biodiversity & Ecosystem Finance event
which took place in New York on 27-28 March 2008 and was attended by over 100
participants from 19 countries, Green Power Conferences will once again bring
together the corporate and finance communities with the biodiversity and
ecosystem industry to drive this critical early stage market forward.
The March event investigated the concepts surrounding
financial instruments aimed at conserving and preserving biodiversity and
ecosystem services and delegates at the event came together to discuss methods
to change the way the economy values the environment. The need for
patient capital was the key theme across the two days as traditional banks,
corporate and venture funds normally seek returns within a short time frame but
these projects generally require time frames of five, ten, twenty or many more
years to come to fruition.
Many companies still have trouble seeing the bottom line
relationship of Biodiversity & Ecosystem services. Financiers
investing in companies or projects that may have biodiversity or ecosystem
impacts and businesses such as oil, gas and mining that have an impact have
traditionally focused on the risk elements such as reputational risk from
negative publicity but companies now need to start looking at the opportunities
that can be derived from Biodiversity & Ecosystem services. This two
day conference will do just that.
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