On May 24th at 10am EDT, CFA hosted a webinar with Robert Weary of TNC’s NatureVest to discuss an ambitious $40 million initiative to promote ocean conservation as recently announced by The Nature Conservancy. The initiative is based on delivering debt conversions to up to 20 countries over the next five years. The plan, which was selected from more than 1,500 Audacious Project applicants, has already secured more than $23 million in funding from various donors out of the $40 million TNC ultimately requires to unlock $1.6 billion toward marine conservation.
A full recording of the session is available on our Youtube Channel. Due to the size of Powerpoint file, please email our secretariat to request a copy of the presentation.
Finance Tools for Coral Reef Conservation
The authors of the CFA publication, "Finance Tools for Coral Reef Conservation: A Guide" presented highlights of their paper in two webinars on February 26th, and facilitated discussion among webinar participants. Venkat Iyer, Katy Mathias, David Meyers, Melissa Walsh and Ray Victurine highlighted several of the finance mechanisms that are explored in the Guide, discussed the importance of business planning as the first step in the process, highlighted several case studies and examples, and shared some conclusions.
Photo Credit: HANNES KLOSTERMANN / CORAL REEF IMAGE BANK