Creating Mechanisms for Conservation Finance in Southeast Asia
By 2015, Southeast Asian development and growth had contributed to significant habitat destruction, species endangerment and extinction, and the pollution of natural resources. Most of the conservation funding for the region came from international organizations and foundations, as opposed to region-based philanthropic entities or market-based funding sources.
To address Southeast Asia’s conservation needs, the Milken Institute convened NGOs, industry experts and donors for a Financial Innovations Lab in Singapore in February 2015. Participants discussed potential innovative financing mechanisms for conservation including development impact bonds and notes as well as impact investing funds and funds with ESG strategies.