The case for a FICO score for conservation finance projects
Close Authorship When Sean Penrith, CEO of Gordian Knot Strategies, set out to apply for an NRCS Climate Innovation Grant (CIG), he didn’t realize just how challenging it would be. The project was to launch an innovative carbon impact investment fund, but the team was unprepared for the sheer amount of agency requirements that accompanied the application. “The inclusion of [the Environmental Quality Incentives Program]… accounting of both direct and indirect costs, matching requirements, etc. were all very new to us,” Penrith admitted. At the time, there was no framework and accompany...
Source: greenbiz.com