 |
| The Forest Service’s budget towards fire suppression is expected to rise to 66% |
Conservation finance got a boost in December when the Global Environmental Facility (made up of 18 agencies) allocated over $8 million to the Coalition for Private Investment in Conservation (CPIC). The Rockefeller Foundation also gave its in-principle support in providing grant funding.
CPIC was set up in 2016 and launched formally in September. It brings together non-profits in the conservation area, including the Nature Conservancy, Rainforest Alliance and WWF, with consultants such as Baker and McKenzie, impact investment managers like Althelia and development agencies, including the European Investment Bank.
Thanks for your interest in Euromoney!
To unlock this article:
