Africa: Big Conservation NGOs Are Majority Governed By Finance Figures

  • 📰 allafrica
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 99%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Analysis - Conservationists express alarm that finance execs dominate the boards of four powerful NGOs, especially as controversial carbon markets skyrocket.

To complete the process, please follow the instructions in the email we just sent you."Carbon is now an asset class," adds Gifford."And, of course, financial organisations want to get in on the ground floor of how to financialise and monetise conservation."Highlighting the role of financiers in governing the big conservation NGOs and their mutual interests in the growth of financialised approaches to conservation does not imply conflicts of interest.

The revelation also highlights the stark power imbalance between a small group of billionaires and millionaires who oversee the strategic direction of these huge agenda-setting organisations in the Global North and the marginalised communities that are most affected by their activities in the Global South.

"When the conservation NGOs work with luxury tourism or extractives, people can see it and see that there's an injustice there," she says."But when it comes to venture capitalism and carbon offset markets and so on and so forth, it becomes much more elusive."

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Highlights From the Brand Africa 100 2023 Survey - IT News Africa | Business Technology, Telecoms and Startup NewsHighly anticipated release of Brand Africa 100 2023, reveals Africa's 100 top brands. The report compiled by Brand Africa, in collaboration..
Source: ITNewsAfrica - 🏆 27. / 59 Read more »