Green Finance Institute: Revenues for nature announces global effort to unlock private sector finance for nature restoration and conservation
Revenues for Nature (R4N) announced that it will be supporting an initial seven models globally designed to unlock up to $200 million investment into nature restoration and conservation.
Following global attention on the urgent need for biodiversity protection during last week’s Biodiversity Day, the Revenues for Nature (R4N) project announces it will be supporting an initial seven models globally designed to unlock up to $200 million investment into nature restoration and conservation. Through working with partners and governments, R4N, aims to demonstrate the replicability and scaling of models and mechanisms that unlock private sector investment, such as mitigation banking, payments for ecosystem services, commodity supply chain financing and more.
EPIC will be working on a project in Central America to understand the replicability of habitat and mitigation banking with R4N support. EPIC's Executive Director, Tim Male, was quoted, “Already, we know that habitat banking is a successful structure to use private capital to create real outcomes for nature. New, collaborative efforts through R4N are an essential step to adapt this ecological compensation approach in new geographies and further scale investment in nature.”
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