28 Jul '12, 11am

The New Billion Dollar Market - Coral Reef Conservation

The New Billion Dollar Market - Coral Reef Conservation

A different twist on economic approaches to marine conservation presented by Melissa Bos, a PhD researcher at James Cook University, may catch the attention of businesses as interested in their profits as their environmental impact. Bos describes 'Impact Investing' as 'achieving social or environmental outcomes while also maintaining capital'. She goes on to explain how this can be achieved "by foundations investing part of their assets that they would normally put in the stock market and counter productive pursuits into things such as environmentally responsible businesses, where you are generating a profit and at the same time your achieving your (environmental) mission. An example of impact investing within the marine conservation realm would be redirecting fishery subsidies. Right now tens of billions of dollars are spent annually by governments on fisheries subsidies,...

Full article: http://www.earthtimes.org/conservation/new-billion-dollar...

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