Financing Sustainable Fisheries With Impact Investments
Friday, March 21, 2014
What’s good for the fish is good for the fishing communities — and for impact investors.
That’s the thesis of three new vehicles for investing in sustainable fisheries that will be tested in the Philippines, Chile, and Brazil over the next two years and then offered to investors more broadly.
Former New York City Mayor Michael Bloomberg signaled last month that Bloomberg Philanthropy’s $53 million initiative to reverse the decline of the world’s oceans would focus heavily on attracting private capital.