Melissa Carmody, alongside Cristobal Arredondo, from the Wildlife Conservation Society, Chile, is leading the project, The Karukina Impact Bond,  through the CFA Incubator. The Karukinka Impact Bond is an innovative model to secure long-term financing to address the risk of wildfire and invasive species in Karukinka Natural Park, a globally significant 300,000-hectare reserve of old-growth forests and peatlands in Tierra del Fuego, Chile.