In developing solutions to climate change — both on adaptation and mitigation – finding ways to finance them is key. But with the proper systems, private capital can come to play an important part of the equation, potentially unlocking billions of dollars.
At least that’s the take of Mark Tercek, president and CEO of The Nature Conservancy. Given his background as a former investment banker and finance professor, he spends a lot of time thinking about how to finance nature and counter climate change.
“Saving nature is one of the smartest investments we can make,” he said. “Nature produces very valuable services for humankind and you get a bunch of environmental benefits on top of that for free.”
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About the author
Adva Saldinger@AdvaSal
Adva Saldinger is a Senior Reporter at Devex where she covers development finance, as well as U.S. foreign aid policy. Adva explores the role the private sector and private capital play in development and authors the weekly Devex Invested newsletter bringing the latest news on the role of business and finance in addressing global challenges. A journalist with more than 10 years of experience, she has worked at several newspapers in the U.S. and lived in both Ghana and South Africa.
