About the 6th GLF Investment Case Symposium
Hosted in Luxembourg and online, GLF–Luxembourg Finance for Nature 2023: What comes next? united 4,500 participants from 160 countries around how finance can solve – rather than exacerbate – the climate and biodiversity crises. The event featured 106 speakers and 100 global and local partner organizations and reached 10 million people on social media, with more than 230,000 engagements.
Alain Liva on restoring Madagascar
Alain Liva is the Executive Director of The Madagascar Protected Areas and Biodiversity Fund, a Trust Fund that constitutes an innovative mechanism for financing protected areas in Madagascar. The Foundation is endowed with capital invested in international markets.
Only the income from this capital is used to finance protected areas in Madagascar. This means that the capital remains intact over time, which ensures the sustainability of funding for biodiversity. After 15 years of existence, the mechanism is proving to be central because it is the only one capable of ensuring sustainable and predictable financing for protected areas.