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Financing biodiversity: The Role of Financial Institutions

Author

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  • Pandey, Rita

    (National Institute of Public Finance and Policy)

  • Sane, Renuka

    (National Institute of Public Finance and Policy)

Abstract

In this paper we focus on how private capital may be channeled into activities that conserve biodiversity. We study three related issues. We evaluate the mechanisms for financing the environment in general. This includes a discussion of the financing through the recognition of risks, as well as direct financing. We then turn our attention to the current status of financing for biodiversity. This includes a discussion of the instruments as well as the projects that are financed by such instruments. We present the constraints that inhibit financing of biodiversity. Finally we present some suggestions on policy design for improving private financing of biodiversity in India.

Suggested Citation

  • Pandey, Rita & Sane, Renuka, 2019. "Financing biodiversity: The Role of Financial Institutions," Working Papers 19/272, National Institute of Public Finance and Policy.
    • Handle: RePEc:npf:wpaper:19/272
    Note: Working Paper 272, 2019
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    File URL: https://www.nipfp.org.in/media/medialibrary/2019/07/WP_272_2019.pdf
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    Cited by:

    1. Fushuai Wang & Wenxia Cai & Ehsan Elahi, 2021. "Do Green Finance and Environmental Regulation Play a Crucial Role in the Reduction of CO 2 Emissions? An Empirical Analysis of 126 Chinese Cities," Sustainability, MDPI, vol. 13(23), pages 1-20, November.
    2. Bhattacharya, Rudrani & Tripathi, Shruti & Chowdhury, Sahana Roy, 2019. "Financial structure, institutional quality and monetary policy transmission: A Meta-Analysis," Working Papers 19/274, National Institute of Public Finance and Policy.

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