Report on the Workshop on Emerging Innovations In
Total Page:16
File Type:pdf, Size:1020Kb
___________________________________________________________ REPORT ON THE Photo: Wells Ken WORKSHOP ON EMERGING INNOVATIONS IN CONSERVATION FINANCE LAS MAJADAS DE PIRQUE, CHILE 27-29 SEPTEMBER 2016 __________________________________________________________ THE ILCN IS A PROJECT OF THE THANK YOU TO THE PARTNERS THAT HELPED BRING US ALL TOGETHER SANTIAGO FIELD O FFICE HARVARD UNIVERSITY TABLE OF CONTENTS Table of Contents Introduction ........................................................................................................................................................... 1 Agenda .................................................................................................................................................................... 2 Appendix 1: Workshop Papers ............................................................................................................................ 7 Overview James Levitt, Manager, Land Conservation Programs, Lincoln Institute of Land Policy and Director, Program on Conservation Innovation, Harvard Forest, Harvard University, Cambridge, Massachusetts, USA ................................................................................................................................................................. 8 Field Trip: The PiC Approach to Crowdfunding for Land Conservation Pablo Rodriquez, Co-founder, Preserve in Community (PiC), Chile............................................................ 12 Session 1.1: Creating National Parks and Generating Prosperity along the Ruta de los Parques in Patagonia Hernán Mladinic, Executive Director, Pumalin Park and Project and Director, Yendegaia Foundation, Tompkins Conservation, Chile ...................................................................................................................... 15 Session 1.2: A Multi-Sector Initiative to Protect Rio’s Water Supply Rodrigo Medeiros, Vice President, Conservation International-Brazil, Rio de Janeiro, Brazil .................... 17 Session 2.1: Leveraging Reinsurance Markets to Finance Conservation Investment Kathy Baughman McLeod, Director of Climate Risk and Resilience, The Nature Conservancy (TNC), Arlington, Virginia, USA. ............................................................................................................................. 18 Session 2.2: Precision Conservation Designed to Enable Nutrient Trading and Mitigation Programs in the Chesapeake Watershed Jeff Allenby, Director of Conservation Technology, Chesapeake Conservancy, Annapolis, Maryland, USA ....................................................................................................................................................................... 19 Session 3.1 Green Bonds and Land Conservation: The Evolution of a New Financing Tool Carolyn duPont, 2016 Graduate of the Joint MBA/MPA Degree Program at the MIT Sloan School and the Harvard Kennedy School .............................................................................................................................. 22 Session 3.2 Financial Planning for REDD+: Catalyzing a Move from Concessional to Commercial Approaches Leslie Durschinger, Founder and Managing Director, Terra Global Capital, San Francisco, California, USA ....................................................................................................................................................................... 29 Session 4.1 Emerging Mitigation Practices in Chile Victoria Alonso, Co-founder, Templado, Santiago, Chile and Henry Tepper, Conservation Consultant, Lincoln, Massachusetts, USA ....................................................................................................................... 31 Session 4.2 Reforestation and Aquifer Recharging through a Public-Private Partnership Efraím Acosta Lugo, Technical Coordinator, ProNatura Mérida, Yucatán, Mexico .................................... 40 Session 5.1: Success, at Long Last: Enhanced Conservation Tax Provisions in the United States Rand Wentworth, President Emeritus, Land Trust Alliance (USA) and Resident Senior Fellow, Harvard Kennedy School Center for Public Leadership, Cambridge, Massachusetts, USA ...................................... 45 Keynote Panel: Land Conservation – the Road Travelled, and the Road Ahead for Chile .......................... 50 Session 6.1 Value Capture: The Latin American Toolbox Martim Smolka, Senior Fellow and Co-Chair, Department of Latin America and the Caribbean, Lincoln Institute of Land Policy, Cambridge, Massachusetts, USA .......................................................................... 53 Session 6.2 The Case of the Thomas van der Hammen Forest Reserve in Bogotá: Value Capture as Leverage for Larger Conservation Efforts in Cities Maria Cristina Rojas Eberhard, Urban Planner Advisor, Colombia, and Enrique Silva, Lincoln Institute of Land Policy, Cambridge, Massachusetts, USA ............................................................................................. 56 Session 7.1 Conservation Finance Alliance Sylvie Goyet, Director, Climate Change and Environmental Stability, Pacific Community, Noumea, New Caledonia....................................................................................................................................................... 57 Session 7.2 Conservation Finance Network Leigh Whelpton, Program Director, Conservation Finance Network, Arlington, Virginia, USA ................ 60 Session 8.1 Energy Infrastructure in Chile and Opportunities for Conservation Daniela Martinez, Senior Associate, Quintanilla & Busel Niedmann, Chile ................................................ 61 Session 8.2 The Paris Agreement, Conservation, and Civil Society Ken Berlin, President and CEO, The Climate Reality Project, Washington, District of Columbia, USA .... 65 Session 8.3 Making Impact Boring: Harnessing the Power of Investment to Solve Global Problems David Boghossian, Managing Director, Commonwealth Impact Partners, Cambridge, Massachusetts, USA ....................................................................................................................................................................... 72 Session 8.4 The Role and Needs of Capital Markets in Funding Green Infrastructure Jared Chase, former Chair, State Street Global Alliance, State Street Bank, Boston, MA ........................... 77 Appendix 2: Participant Roster ......................................................................................................................... 80 Appendix 3: Participant Biographies ................................................................................................................ 82 ILCN Staff ILCN Photo: Introduction James N. Levitt, Lincoln Institute of Land Policy and Harvard University It is a particularly important and auspicious time for the land conservation community in Chile, and across the Americas, to consider the distance travelled over the past several decades and the tremendous challenges that they will face over the balance of the twenty-first century. The significance of the momentum in Chile is underscored by two ongoing initiatives: The passage by the Chilean Congress of the Derecho Real de Conservación, which now allows private landowners to protect their land in perpetuity, and A project now being negotiated by the Government of Chile and Tompkins Conservation that may protect as many as 10 million acres as new or expanded National Parks. Even in the context of these historic initiatives, the challenges facing the land conservation communities in Chile and around the globe are very large and complex. Massive amounts of human and financial capital will be required over the remainder of the twenty-first century to fund land conservation initiatives for a range of purposes, including green and gray infrastructure necessary to address: Very rapidly growing demand for renewable energy resources, requiring increased levels of diligence to assure that developers will properly mitigate environmental impacts Accelerating sea-level rise and increasingly intense storm activity, and Changing quantity and quality of fresh water available to human and natural ecosystems leading to increased demand for desalination and water treatment facilities. Governments alone will be unlikely to supply the trillions of dollars of capital needed to adequately address these and myriad associated challenges to natural systems. It will take some of the world’s best talent, most inventive technologies, and not least, financial ingenuity, coming from the public, private, NGO and academic sectors, to help pass along to future generations the green and biodiverse biosphere now facing ongoing existential threats. The aim of this workshop is to build on and sharpen concepts that are making, or have the potential to make, a substantial impact on conservation finance in the Western Hemisphere and beyond. These objectives, in turn, serve the larger mission of the International Land Conservation Network (ILCN), which is to connect organizations and people around the world that are accelerating private and civic sector action to protect and steward land and water resources. For more information on the ILCN and its programs, see www.landconservationnetwork.org. 1 Agenda WORKSHOP ON EMERGING INNOVATIONS IN CONSERVATION FINANCE LAS MAJADAS DE PIRQUE, CHILE Tuesday, September 27, 2016 Field Trip to San Juan de Piche Nature Sanctuary 9:30 am 0.1 Jorge Von Marees, representative of San