释放对自然的私人融资:解决障碍,重新定义风险回报动态
Hassan Aftab Sheikh1, Divya Narain1, Clint Bartlett2
1Smith School of Enterprise and the Environment, University of Oxford, Oxford OX1 3QY, UK.
iScience
|October 28, 2025
概括
动员私人资本对于自然保护至关重要,但由于高风险和不确定的回报,项目往往被视为不可银行. 重构风险回报动态是释放对大自然至关重要的私人投资的关键.
科学领域:
- 环境金融 环境金融
- 保护经济学 保护经济学
- 可持续投资 可持续投资
背景情况:
- 仅靠公共财政,就无法满足对自然保护和恢复的投资需求.
- 与自然相关的项目由于高风险和不确定的财务回报而被认为是不可银行化的.
- 投资者对商业回报,标准化和短期回报的要求与自然项目的特点发生冲突.
研究的目的:
- 确定动员私人资本用于自然保护的障碍.
- 分析投资者期望与自然项目特征之间的不一致.
- 为释放可扩展的自然私人融资提出解决方案.
主要方法:
- 在五个生态系统的系统文献综述.
- 在自然保护中分析了三种干预类型.
- 识别持续存在的障碍和有利条件.
主要成果:
- 主要障碍包括有限的财务回报,高风险,高交易成本和低估自然.
- 混合融资和支持性监管等有利条件存在,但不足.
- 自然项目往往无法达到标准的风险和回报的投资者门.
结论:
- 重构风险回报动态对于吸引私人融资到自然界至关重要.
- 解决自然项目的被认为是不可银行化的问题需要创新的金融方法.
- 可扩展的私人投资对于补充全球保护工作的公共资金至关重要.
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