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December 2, 2021, Opinion: "The conservation movement, since its origins in the 19th century, has primarily relied on public funding and philanthropic contributions to achieve its ends. The Global Canopy Programme estimates that the total annual expenditure on conservation to date has been $50 billion, of which more than 80% was from governmental and philanthropic sources. Ecosystem Marketplace similarly estimates the annual flows of private investment dollars into conservation in the low billions of dollars, with the bulk of these funds going to sustainable food and fibre rather than habitat conservation."
Non-HKS Author - Josh Lerner