Biodiversity Conservation in Israel
Jul 26, 2012
Environment & Natural Resources, Financial Innovations, Middle East, Public Policy, Sustainable Development
The Milken Institute and Israel's Ministry of Environmental Protection brought together a diverse group of scientists, capital market experts, governmental officials, foundation executives, architects, and land developers for a Financial Innovations Lab® to evaluate potential incentive programs and other financial mechanisms that could be used to appropriately value Israel's biodiversity. The market-based approaches identified during the course of Lab discussions, though developed with Israel in mind, can also be applied to other regions where biodiversity is under threat -- in any nation with a functioning market economy.