Financing biodiversity: The Role of Financial Institutions
Publication dateJul, 2019
DetailsNIPFP Working Paper No. 272
AuthorsRita Pandey and Renuka Sane
In this paper we focus on how private capital may be channeled into activities that conserve biodiversity. We study three related issues. We evaluate the mechanisms for financing the environment in general. This includes a discussion of the financing through the recognition of risks, as well as direct financing. We then turn our attention to the current status of financing for biodiversity. This includes a discussion of the instruments as well as the projects that are financed by such instruments. We present the constraints that inhibit financing of biodiversity. Finally we present some suggestions on policy design for improving private financing of biodiversity in India.