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The field of environmental finance, part of both environmental economics and the conservation movement, exploits various financial instruments (most notably land trusts) to protect biodiversity. Dr. Gretchen Daily, of Stanford University has written a book, The New Economy of Nature that addresses the issue of financing ecosystem services. Dr. Jürg P. Blum, defined the term environmental finance (Dissertation: Corporate Environmental Responsibility and Corporate Economic Performance..... 1994 at USIU)as a fairly new field, "concerned mainly with finance and investment regarding the ecological environment. The term environment, although frequently used in areas, such as strategic management (Ansoff, 1968), has been popularized throughout literature synonymously with the term ecological environment." [edit] See also
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