The Natural Capital Financial Facility – A window into the “green” economy

fon2This paper aims to build an understanding of how shifting funds from public grants towards financial mechanisms occurs  and  what  is  lost  in  the  process.  To  this  end  the Natural  Capital  Financial  Facility  (NCFF)  is  examined  due  to  its  fledgling  stage  which  will  be  tracked  in  the coming years. The NCFF has followed a trend of putting funds  before  policy  through  bypassing  policy  decisions on  Biodiversity  Offsetting  (BDO)  and  Payments  for Ecosystem  Services  (PES)  in  Europe.  In  addition,  this paper decodes the financial instruments that will be used in  the  NCFF  as  a  window  into  understanding  “green” finance. Finally, the dangers of what is lost in the process of financialising “nature” is discussed.

Read the full paper here

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