Coalition forms to bridge estimated US $200-300 Billion Annual Funding Gap in Conservation

 In an effort to address an estimated US $200-300 billion annual funding gap in conservation, civil society organisations, private and public sector financial institutions and academia have joined forces  to launch the Coalition for Private Investment in Conservation (CPIC) during the IUCN World Conservation Congress taking place in Hawaiʻi. 

 The Coalition’s goal is to help preserve the world’s most important ecosystems by creating new opportunities for return-seeking private investment in conservation. 

 

The Coalition, which includes Credit Suisse, The Nature Conservancy (TNC), International Union for Conservation of Nature (IUCN), and Cornell University as the founding members, plans to develop new investment models and funding pipelines that will help close the current conservation funding gap and contribute to the global goals for biodiversity conservation and sustainable development.

 

 Initially, the Coalition plans to focus on several priority investment sectors:  forest landscape restoration, sustainable agriculture intensification, sustainable coastal fisheries and resilience, and watershed management.

 

“We are at a critical turning point in history, where all stakeholders are increasingly aware of the urgency of sustaining nature for the benefit of all,” says IUCN Director General Inger Andersen.  “Public sector finance and philanthropic capital alone is not sufficient to meet these challenges.  This new Coalition will serve as a critical platform to share expertise, stimulate innovation, and help scale up sustainable investment models, and raise awareness of the potential importance of private capital to conservation.”

 

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