Impact investment in marine conservation

Pichon, Nicolas; Brathwaite, Angelique; Bladon, Annabelle; Claudet, Joachim; Clua, Eric

doi:10.1016/j.ecoser.2021.101248

Cited by 19 publications

(18 citation statements)

References 53 publications

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“…Even those who fund environment projects tend to concentrate on sectors, such as energy, rather than on the marine environment [78]. Technical constraints include risks associated with uncertainties of success; minimum tickets for investors, which exceed the monies required; and a shortage of investment-ready projects [79].…”

Section: Funding Restoration Of Coral Reefs For Coastal Protectionmentioning

confidence: 99%

“…This merging of capital with different risk levels, in order to meet the objectives of all, is called blended finance [87] and has been recommended as a means of financing NbS [80]. Blended finance solutions are complicated to develop and expensive [79]. Transaction costs, for example to ensure investment readiness can be high and there is a minimum investment requirement for impact investors, below which they will not invest.…”

Section: Toolbox Of Conservation Action Coral Restorationmentioning

confidence: 99%

“…It should be noted that for both financing mechanisms, the details have been greatly simplified to demonstrate what is possible. There are many other steps and agreements required prior to implementation [79].…”

Section: Grantorsmentioning

confidence: 99%

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Private Capital to Improve Nature-Based Solutions for Coastal Protection: Time for a Boost

Brathwaite

Pichon

Clua

2022

Oceans

Self Cite

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Coastal protection, an important coral reef ecosystem service, is threatened by increasing coral mortality, exacerbated by global climate change. Nature-based solutions in the form of coral restoration, while not perfect, can assist in rebuilding reef structure and improving the flow of the service for some sites. With a financing gap existing between what is required for conservation and what is being accessed, private investors should be playing a larger role in such restoration activities. Especially so as coastal hoteliers in particular, benefit from stable beaches and also have additional income generating potential with healthy reefs. Blended finance solutions in particular, are especially suited to restoration that incorporates substrate addition, while payments for ecosystem services are more suited to coral gardening. Conservation and finance practitioners must engage further and understand each other’s worlds, in order for these private sources to be effectively sourced and utilized.

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Section: Funding Restoration Of Coral Reefs For Coastal Protectionmentioning

confidence: 99%

Section: Toolbox Of Conservation Action Coral Restorationmentioning

confidence: 99%

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Private Capital to Improve Nature-Based Solutions for Coastal Protection: Time for a Boost

Brathwaite

Pichon

Clua

2022

Oceans

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“…The CMP is likely to require financing and resources that exceed those available from civic budgets alone, requiring the investment from new and innovative financial mechanisms at multiple levels. Successful options for 'blue finance' include payments for ecosystem services, product sustainability labelling and public-private partnerships linked to tourism, conservation and the blue economy [134]. Because of its holistic approach, including a focus on enhancing economic prosperity, a CMP offers new low risk opportunities for the rapidly growing number of businesses interested in financial returns together with net positive social and environmental outcomes [134].…”

Section: Marine Park Policy Drivers and Implementationmentioning

confidence: 99%

“…Successful options for 'blue finance' include payments for ecosystem services, product sustainability labelling and public-private partnerships linked to tourism, conservation and the blue economy [134]. Because of its holistic approach, including a focus on enhancing economic prosperity, a CMP offers new low risk opportunities for the rapidly growing number of businesses interested in financial returns together with net positive social and environmental outcomes [134]. Additional investment opportunities will likely be associated with renewable energy installations and the recognition that marine ecosystems are effective carbon sinks.…”

Section: Marine Park Policy Drivers and Implementationmentioning

confidence: 99%

Marine parks for coastal cities: A concept for enhanced community well-being, prosperity and sustainable city living

et al. 2019

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Coastal cities continue to experience rapid urbanisation and population growth worldwide, linked to the diverse economic and social benefits flowing from proximity to the sea. Growing concern over human impacts upon coastal waters and global strategic goals for healthier cities requires that coastal cities develop innovative ways to inspire and empower communities to embrace and cherish city seascapes. Coastal city communities have much to gain from a healthier relationship with the sea. This paper proposes a collaborative community-led marine park concept that celebrates a city's connection to the marine environment, enhances sustainable economic prosperity and enables communities to participate in activities that deepen understanding, value, care and enjoyment of the city seascape. A city marine park (CMP) is not a marine protected area because it does not have biodiversity and heritage protection or ecosystem governance as a primary goal and does not aim to restrict human activities. A CMP enables city communities to collaborate towards a shared vision of elevated status and value for the city seascape. A CMP considers socio-economic and geographical context, including land-sea connectivity, and is integrated within a coastal city's strategic urban planning. This paper highlights core themes of a CMP and the diverse and wide-ranging benefits from coordinated activities that better connect the city community with its seascape.If co-created with the coastal city community, a CMP will form an enduring spatial nexus for progress toward healthy cities addressing multiple interlinked global sustainable development goals.

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Visualizing the landscape of blue finance for sustainable development: A bibliometric analysis and future directions

Wang,

Zhang,

Chen

2024

Bus Strat Dev

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Blue finance research has recently made significant progress, but comprehensive research is still in its infancy. This paper established a consolidated database of 223 articles on blue finance and used CiteSpace for visualization analysis. Firstly, blue finance develops in embryonic, fluctuating, and stable growth phases. The main research countries are the US, Australia, England, and Canada. The University of California and the University of Queensland are the main research institutions. Marine Policy and Science are highly cited journals. A few core authors shape blue finance research with limited collaboration. Secondly, three themes were established by categorizing ten keyword clusters: financial instruments and mechanisms for marine conservation and sustainability, policy frameworks for adaptation and climate resilience, and policy frameworks for adaptation and climate resilience. Thirdly, contingent valuation, marine protected areas, and the blue economy are the main research hotspots. The results' theoretical contribution is identifying the progress of blue finance and its potential directions. Researchers, managers, and policymakers can use it to promote economic growth and ocean sustainability.

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Impact investment in marine conservation

Cited by 19 publications

References 53 publications

Private Capital to Improve Nature-Based Solutions for Coastal Protection: Time for a Boost

Private Capital to Improve Nature-Based Solutions for Coastal Protection: Time for a Boost

Marine parks for coastal cities: A concept for enhanced community well-being, prosperity and sustainable city living

Visualizing the landscape of blue finance for sustainable development: A bibliometric analysis and future directions

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