The field of conservation finance is at an inflection point. There is a long and distinguished list of conservation finance deals that have delivered important conservation benefits. As the field moves to the next stage, it will need to migrate beyond donor-driven financing to commercial, investor-driven vehicles. It will need to move from one-off transactions
In the 1970s, more than 450,000 acres of wetlands around the U.S. were disappearing each year, eliminating vibrant ecosystems that provide critical wildlife habitat, storm protection and water filtration. By 2008, fewer than 18,000 acres per year were being lost, a 96 percent decrease. What happened? In a phrase, the national “no net loss of
Like Facebook’s $19 billion acquisition of WhatApp, the announcement that d.light design has closed $11 million in new financing is a signal of Silicon Valley’s increasing interest in technology’s role in meeting the needs of emerging middle-class consumers in the developing world. Investors in d.light, which makes affordable solar lanterns, included Draper Fisher Jurvetson, a
Energy efficiency should be the low-hanging fruit of carbon-reduction schemes, with clear and reliable paybacks. Instead, the bountiful harvest has been tantalizingly out of reach, for lack of sufficient upfront capital. Now a new financing structure may finally get the players lined up and the dollars flowing. The premise of the so-far only deal done:
“One of the largest opportunities we see right now is in the wastewater market, where a waste stream, such as cow manure, is converted into multiple revenue streams, including energy, fertilizer, animal bedding, water and renewable/tax credits. “ Ben Vitale, principal of Wastewater Capital Management, at Equilibrium Capital’s investor conference, June 2013. We founded Equilibrium
Solar Mosaic Inc.’s successful fundraising from the “crowd” for solar-electricity installations in California last month demonstrated the real value a potentially large number of individual investors place on social returns and environmental benefits. The deals, which financed rooftop solar installations, were billed as pilot projects to test a promising financing model. Over time, the model
Technology provides pace, the economy provides scale, says Freshwater’s Joe Whitworth, in the race to save our rivers.