Challenges and Opportunities for Financing Species Conservation. Gustavo Fonseca Head, Natural Resources Global Environment Facility. Global Environment Facility: Funding Global Biodiversity.
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Challenges and Opportunities for Financing Species Conservation
Gustavo FonsecaHead, Natural ResourcesGlobal Environment Facility
The GEF was established in 1992 to serve as the Financial Mechanism of the Convention on Biological Diversity, as well as other MultilateralEnvironmental Agreements
GEF’s Investments in Biodiversity
use into production landscapes/seascapes and
processes through enabling activities
Outcome 5: Resilience of the components of biodiversity to adapt to climate change is maintained and enhanced
Outcome 6: Conservation status of threatened species is improved
GEF-5: 2010-2014GEF-4: 2006-2010GEF-3: 2002-2006GEF-2: 1998-2002GEF-1: 1994-1998Pilot Phase: 1992
267 Endangered (EN)45 Vulnerable (VU)
Projects addressing these protected areas are responsible for 17% of the grants awarded by the GEF in the biodiversity focal area and 25% of all investments benefitting protected areas
The Public Sector and Civil Society (NGOs)have done the bulk of the work on species conservation
But there is a vital missing partner……
The Private Sector
Companies like animal species!
Species add value to many brands
Save Our Species
”United Nations says case for saving species more powerful than climate change‘”
Guardian, May 2010