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Convention on International Trade in Endangered Species of Wild Fauna and Flora

2. This presentation. Results from the consultancy paperSetting up the Steering CommitteePossible issues for discussion. 3. History. Several attempts have been undertaken to set up an

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Convention on International Trade in Endangered Species of Wild Fauna and Flora

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    2. 2 This presentation Results from the consultancy paper Setting up the Steering Committee Possible issues for discussion

    3. 3 History Several attempts have been undertaken to set up an ‘African elephant Fund’, most notably after CoP10 (Harare,1997) Main reasons for failures included competition for donors lack of influence with donors Plan and Fund are an integral part of the CoP14 compromise!

    4. 4 Who is responsible for what The development of an African elephant Plan is clearly directed to the range states The establishment of the Fund and the Steering Committee is directed to the CITES Secretariat Call on donors Steering Committee governs Fund and decides on organization and administration of the Fund

    5. 5 Main types of funds Endowment funds Sinking funds Revolving funds

    6. 6 Endowment funds Only return on investment is used for project financing Main body of money stays intact Example: A usd 4 million endowment would result in usd 200,000 available per year if return on investment is 5%

    7. 7 Sinking funds Most traditional type of funds All funds made available are as soon as possible spend on projects After a certain amount of time (could be fixed) all money is spend and the fund stops Example: usd 100,000 can finance 4 small projects before the fund is liquidated

    8. 8 Revolving funds Main body of funds is replenished yearly from a funding source The funding source should be sustainable for the fund to be a success Example: A percentage of park entry fees goes to the fund

    9. 9 Analysis Traditional public funds cannot cover the total financial requirements for elephant conservation Overall funding for biodiversity has steadily declined over the years Financing needs for elephant conservation are growing

    10. 10 WARNING There is no pot of gold at the end of the rainbow!!!

    11. 11 Factors for successful funding Choose the right trustee for the fund Sustained fund raising with private foundations and corporations Grassroots initiation of projects Technical experts to review proposals Clear action plan to guide funding decisions Participation of all stakeholders

    12. 12 Factors for successful funding continued A clear unique mission statement for the fund Broad consultative process involving both donors and recipients Low overhead, streamlined decision making process and effective grant management

    13. 13 Elephant fund advantages Developed as a consensus proposal by range States Strong response in donor states to elephant conservation Options to start databases, small grants while a major fund is pursued Emphasise unique role of elephants in ecosystems

    14. 14 Elephant fund disadvantages Biodiversity funding is declining, budget austerity for CITES CITES secretariat is a small trustee with little resources Single species funding is difficult Competition from other species Fund goes beyond CITES mandate

    15. 15 The Plan and the Fund Outline for a Plan is a minimum requirement to set up a Steering Committee

    16. 16 Setting up the Steering Committee The Secretariat wants to establish a balanced credible and competent Steering Committee Discussions here to result in an interim Steering Committee to be formalised at Standing Committee SC 58 July 2009

    17. 17 Possible issues for discussion Internal procedures of the Steering Committee Selection of projects Secretariat of the Fund

    18. 18 Internal procedures of the Steering Committee Donors and range states Objectivity of the Steering Committee and impartial decision making Total number of persons on the Committee Chair of the Committee Rules of procedure

    19. 19 Selection of projects Selection on content Selection on technical criteria

    20. 20 Selection on content Role of the elephant Plan Role of other strategies, roadmaps etc. Role of expert advise

    21. 21 Selection on technical criteria Maximum amount of money per project Need for co-financing Number of projects per country/region Frequency of applications Who can apply

    22. 22 Secretariat of the Fund Do we need a secretariat? Management of the Funds Overhead costs How does the Steering Committee operate in practice

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