{"id":11019,"date":"2024-02-27T06:34:05","date_gmt":"2024-02-27T06:34:05","guid":{"rendered":"https:\/\/bioma.redlac.org\/?p=11019"},"modified":"2026-02-27T15:01:13","modified_gmt":"2026-02-27T15:01:13","slug":"how-conservation-trust-funds-are-driving-progress-for-nature-report","status":"publish","type":"post","link":"https:\/\/bioma.redlac.org\/?p=11019","title":{"rendered":"How Conservation Trust Funds are Driving Progress for Nature (Report)"},"content":{"rendered":"\t\t
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As the severity of the inter-connected biodiversity and climate change crises becomes ever more alarming, financing for nature-based solutions is increasing rapidly. With global temperatures likely to reach 1.5\u00b0C by 2030, the IPCC Sixth Assessment Report1 predicted with high confidence that the warming trend will cause unavoidable increases in multiple climate hazards and present high risks to ecosystems and humans. In 2019 the Intergovernmental Panel on Biodiversity and Ecosystem Service (IPBES)2 reported that nature and its vital contributions to people are deteriorating worldwide.<\/strong><\/p>

In response to higher replenishments of proven global funds like the Global Environment Facility (GEF), new funds such as the Global Biodiversity Framework Fund, and increased bilateral and private pledges for reaching ambitious global conservation targets such as protecting 30 percent of the Earth\u2019s terrestrial, inland waters, coastal, and marine areas by 2030 (the \u201c30×30\u201d goal) are at historic levels. Global biodiversity finance flows were estimated to be between $123.6 billion to $142.9 billion in 2019 and growing.3 In the private sector, commitments to net-zero emissions have driven the global demand for voluntary carbon credits, which are expected to increase by a factor of 15 by 2030 and by a factor of 100 by 2050.4 When combined with greater attention to \u201cgreening finance\u201d through the reduction of harmful subsidies, improved energy technologies, and effective investments in protected areas, nature-based infrastructure, and more nature-friendly production practices, a major economic transition is underway to restore balance to our planet.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t

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\n \n \n \n <\/svg>\n <\/div>\n\n For the past three decades the GEF and allied fund organizations have striven to amplify the impact of their investments on behalf of the Convention on Biological Diversity (CBD) and the United Nations Framework Convention on Climate Change (UNFCCC) goals. Financing, however, is only part of the equation. One of the biggest challenges\u2014and opportunities\u2014is to better link global funding with local organizations and communities in high biodiverse countries, who have been stewards of their lands and waters for generations, but often face obstacles to enact change at scale, such as limited financial support. One of the GEF\u2019s strategies since 1991 thus has been to build in-country institutional capacity through Conservation Trust Funds. <\/div>\n <\/div>\n \t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n Conservation Trust Funds (CTFs), often called Environmental Funds in Latin America and Africa, are legally independent institutions that provide sustainable financing for biodiversity conservation. The core business of CTFs is to mobilize resources from diverse sources\u2014 including international donors, national governments, and the private sector\u2014and to direct them, primarily through grants, to governmental bodies (such as national parks agencies), non- governmental organizations (NGOs), and community based-organizations on the frontlines of the biodiversity crisis. <\/div>\n <\/div>\n <\/div>\n \t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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