EKO Asset Management Partners

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• EKO Asset Management Partners
• 1350 Avenue of the Americas, 29th Floor
• New York, NY 10019

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Ecosystem Services

• Functioning ecosystems are increasingly scarce
  Scarcity Value
• Markets enable value to be captured. Markets for
  carbon and other environmental commodities have
  been successful at capping and off-setting and
  damages and pollution
• Sophisticated capital can profit from currently
  unrecognized environmental value

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Environmental Markets

• Biodiversity
• Ecosystems
• Species
• Carbon
• Water Quality

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Environmental Markets
Government Regulation
Buyers
Credits
Government
Exchanges
Credits
Credits
Credits
Verifiers
Intermediaries
Credits
Credits
Consultants
Voluntary Credits
Credits
Sellers
NGOs
(Carbon, species, water, etc.)
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Environmental Markets

• Biodiversity
• Carbon
• Water Quality

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Environmental Markets

• Biodiversity
• Invest in Protection of Ecosystems
• Wetland Mitigation Banking
• Stream Mitigation Banking
• Clean Water Act, 1973
• Invest in Protection of Species
• Conservation Banking
• Endangered Species Act, 1975
• First Market for Product
• First trade, 1980s
• No net loss of wetlands, 1988
• Positive recent EPA rule-making
• Little organized institutional capital
• Institutional demand for green assets
• 300 million pipeline

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Example North Carolina Wetlands Market
Clean Water Act
Developer
US Army Corps and EPA
Credits
Credits
Credits
Credits
Verifiers
???
Credits
Credits
Credits
Restoration
TNC
Other Products (Wood, water, easements)
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Environmental Markets

• Biodiversity
• Carbon
• Water Quality

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Example California Carbon Market
PGE Yahoo
CA Assembly Bill 32
Credits
CA Air Resources Board
Credits
Credits
Credits
SGS
Evolution
Credits
Credits
Credits
Voluntary Credits
Cons. Fund
PFT
Other Products (Wood, water, easements)