Eco System Risk & Monetization
TigerFirst research team has been engaged in innovative & pioneering work of building economically & environmentally viable models for “financing & equitable/holistic/fair pricing of environmental risks” in case of developmental projects (irrigation, power projects, highways) and commercial bio-resource extraction in sensitive wildlife locations with the aim to fund conservation projects in a ‘sustainable’ way by generating revenues from sources of risk. Developed methodologies to analyse, quantify & communicate the multiple & complex risks to eco systems such as habitat loss, pollution, traffic, deforestation, bio-resource extraction etc. so that they can be translated into appropriate policy instruments to generate the necessary large scale finance to fund the risk prevention, treatment & mitigation measures. This involved the challenging task of converting the otherwise ‘intangible’ risks to ‘tangible’ ones, among other things.