Mobilizing resources for conservation: marrying public and private sector to raise revenue and cut costs
The World Bank
Date and Time
18 October 2012 13:15 - 14:45
Biodiversity conservation activities have been driven until recently by an imperative to manage global public goods associated with biologically rich ecosystems. In the next decade, biodiversity conservation will need to take place in the context of rapid human population growth, increased local and international demand for natural resources and new large-scale infrastructure projects. The economic values of biodiversity and ecosystems need to be captured by national governments and the private sector, and the mobilization of additional resources from diverse funding sources will be imperative if we want to safeguard biodiversity. During this side event, leaders from governments, private foundations and companies will share innovations to mobilize resources for conservation. This session will illustrate public-private partnerships, how some extractive industries in Africa are raising the profile of nature conservation in their boardroom and the experience of one of Latin America’s most successful conservation trust funds.