The RegenNarration 206. A Paradigm Change in Regenerative Finance: With Esther Park, CEO of Cienaga Capital
For all the great regenerative work bubbling up everywhere right now, it seems fair to say that finance and investment in it is lagging a little. As my guest today puts it, we often hear about how farmers and land managers need to change, for example, but we hear less often about how finance and investment needs to change. It’s why a major report and project was launched online in Australia last year by Sustainable Table, ‘Regenerating Investment in Food and Farming’. I hosted a conversation at that launch, which you might remember became episode 161. I never forgot it. So as soon as we knew we were coming to the US / Turtle Island, I asked Esther Park if she’d be up for meeting in person, to dig deeper into her paradigm changing work as CEO of Cienaga Capital.
Key to this story, too, is another pioneering woman you’ll hear about, Sallie Calhoun. 23 years ago, Sallie and her partner acquired Paicines Ranch, originally named Rancho Cienega de los Paicines. They subsequently set in tow a remarkable regeneration of the land, an array of enterprises, and learning journeys for people – including other investors and philanthropists. Sallie later founded Cienaga Capital, and recruited Esther to the lead role. Also key to this story, in all manner of unexpected ways, is Esther’s Korean ancestry.
Head here for chapter markers if you’d like to see an overview or navigate the conversation that way. You can find a transcript there too (also available on Apple and some other apps), which is AI generated and imperfect, but hopefully provides greater access for those who need or like to read.
Recorded at UCB, Berkeley, on 3 May 2024.
Title slide: Esther Park where we started our conversation (pic: Anthony James).
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Music:
Green Shoots, by The Nomadics.
Regeneration, by Amelia Barden, from Regenerating Australia.
The RegenNarration playlist, music chosen by guests (thanks to Josie Symons).
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