Biodiversity Conservation in Israel

By , , Caitlin MacLean

BiodiversityIsraelLab

Located at the nexus of three continents, Israel is home to a diversity of complex ecosystems. But as population density has increased over the past decade, there has been a spike in commercial and residential development in areas that once supported a wealth of animal and plant life, creating an urgent need for conservation. Efforts to date — based on regulatory policies and designating land as national parks — have proven ineffective, pointing to the need for new solutions.

The Milken Institute and Israel’s Ministry of Environmental Protection brought together a diverse group of scientists, capital market experts, governmental officials, foundation executives, architects, and land developers for a Financial Innovations Lab® to evaluate potential incentive programs and other financial mechanisms that could be used to appropriately value Israel’s biodiversity. The market-based approaches identified during the course of Lab discussions, though developed with Israel in mind, can also be applied to other regions where biodiversity is under threat — in any nation with a functioning market economy.

Glenn Yago
Glenn Yago
Glenn Yago is the Senior Director of the Milken Innovation Center at the Jerusalem Institute for Policy Research and a Senior Fellow / Founder,Financial Innovations Labs® (Milken Institute-U.S). He is a leading authority on financial innovations, capital markets, emerging markets and environmental...
Steven Zecher
Steven Zecher
Steven Zecher is the project director the Milken Innovation Center at the Jerusalem Institute for Israel Studies. His work focuses on financing strategies with an emphasis on public-private-philanthropic capital structures. Zecher has extensive experience in urban and regional development policy,...
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