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Securing Sustainable Financing for Conservation Areas : A Guide to Project Finance for Permanence (English)

In the face of the twin crises of biodiversity loss and climate change, governments and their partners in communities and civil society have increased their efforts to protect and enhance sustainable use of nature. These efforts have been identified as strategic to fulfill the anticipated global goal to protect 30 percent of the planet by 2030. Reaching this goal will require more - and more effectively managed - protected areas and other effective area-based conservation measures, but current funding is not enough to cover existing needs or to increase the areas under protection. Project finance for permanence (PFP) is an approach designed to secure the policies, capacity, institutional arrangements and full funding for the effective and long-lasting protection of the planet’s important natural places. It is being applied in Bhutan, Brazil, Canada, Costa Rica, and Peru, being designed in Colombia, and there is increased interest in applying the PFP approach in other countries. This guide seeks to describe the PFP approach and capture the experience from practitioners and lessons learned to date. It is intended to be a reference for people from public or private organizations who want to implement a PFP.

Details

  • Author

    Cabrera, Humberto N., Planitzer,Carolin, Yudelman,Tanya Lisa, Tua,Jon

  • Document Date

    2021/11/01

  • Document Type

    Report

  • Report Number

    166633

  • Volume No

    1

  • Total Volume(s)

    1

  • Country

    Latin America,

  • Region

    Latin America & Caribbean,

  • Disclosure Date

    2021/12/05

  • Disclosure Status

    Disclosed

  • Doc Name

    Securing Sustainable Financing for Conservation Areas : A Guide to Project Finance for Permanence

  • Keywords

    united nations framework convention on climate change; conservation area; sustainable financing; conservation goal; conservation trust fund; protected area; convention on biological diversity; conference of the parties; Environmental and Social Safeguard; conservation plan; enabling conditions; Declaration of Interests; financial model; conservation area management; disbursement condition; sustainable land use; informed decision making; several other countries; globally significant biodiversity; source of funding; history of conflict; risk of corruption; united nations conference; marine conservation area; social and environmental; Marine Protected Area; lines of communication; Marine Protected Areas; international civil society; private sector partner; kreditanstalt fur wiederaufbau; good faith effort; legally binding commitment; national political context; allocation of fund; project finance; assessment process; national service; donor interest; private donor

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Citation

Cabrera, Humberto N. Planitzer,Carolin Yudelman,Tanya Lisa Tua,Jon

Securing Sustainable Financing for Conservation Areas : A Guide to Project Finance for Permanence (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/438031638766355288/Securing-Sustainable-Financing-for-Conservation-Areas-A-Guide-to-Project-Finance-for-Permanence