Innovation in financing for environmental conservation
- 2017, 13 f
Frederico Seifert, SITAWI’s Sustainable Finance Manager, spoke at the 4th Sustainable Dialogues event, which occurred on September 21st and 22nd, in Brasilia. The meeting brought together representatives of the Brazilian Biodiversity Fund (Funbio), the Ministry of the Environment, Public Prosecutors, and third sector institutions to discuss the challenges and opportunities of funding environmental conservation projects in Brazil.
Foto : Sergio Amaral/FUNBIO
During the Innovation panel, Seifert discussed impact investing and the importance of innovating and diversifying sources for conservation funding. “In a public budget freeze scenario, it is vital to discuss different ways to make conservation units financially sustainable. Innovative impact investment instruments can be part of the solution,” he said.
The event, held by Funbio and the Ministry of Environment, is part of a series of debates on the challenges and opportunities of financing environmental conservation projects. These events aim to help foster access to and use of these resources, in addition, to incentivize innovation and the development of new sources of financing.