Marine and Coastal Conservation Finance Solutions

Description

Identifying and Prioritizing a Portfolio of Marine and Coastal Conservation Finance Solutions

Coastal and marine ecosystem management and governance institutions face a wide array of choices when it comes to conservation finance mechanisms. A new tool provides a systematic method for brainstorming, defining, and prioritizing suitable finance solutions. This approach is rooted in the definition of conservation finance as "mechanisms and strategies that generate, manage, and deploy financial resources and align incentives to achieve nature conservation outcomes." In most cases, consistent and adequate funding is a critical but insufficient component of a project's conservation finance portfolio. This approach seeks to take the practitioner through a range of perspectives to generate ideas on how to solve their conservation challenges and respond to opportunities. The idea generation phase is followed by a prioritization approach adapted from the Biodiversity Finance Initiative (BIOFIN). This webinar will walk attendees through the tool approach and its use.

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