Nature Conservancy, JPMorgan Start Global Sustainability Investment 'Pipeline'

摘要

The Nature Conservancy and JPMorgan Chase and Co. announced a new venture April 29 that aims to fill a multibillion-dollar investment void for sus-tainability projects, while giving investors a return on their funding. There is an estimated $249 billion gap between how much financial need there is for conservation projects annually worldwide and how much conservation projects receive annually, meaning these projects are severely underfunded, according to the two organizations. There is also a significant difference between the value attributed to natural resources worldwide and the real value of preserving the environment, especially in light of climate change, Rachel Kyte, World Bank Group vice president and special envoy for climate change, said at a luncheon announcing the partnership.