World Wildlife Fund Center for Conservation Finance

1
World Wildlife FundCenter for Conservation
Finance

• Presentation for Conservation Finance Retreat
• Melissa Moye
• February 11, 2002

2
WWF Center for Conservation Finance

• Created in 2000 based on conservation finance
  unit operating since 1980s
• Mission is to dramatically increase the amount of
  sustainable, long-term funding for global
  conservation
• Primary client base WWFs worldwide network
• Budget 1 million

3
Objectives

• To consolidate the gains WWF has already made
  with conservation finance mechanisms such as
  debt-for-nature swaps and conservation trust
  funds, and to promote their broader application
  in WWFs priority ecoregions, species
  conservation program, and global threats program

4
Objectives

• To create new financial instruments and sources
  to support the sustainable funding of these
  conservation programs, including their testing
  under field conditions

5
Focus

• Geographic worldwide based on WWF 200 ecoregions
  in Africa, Asia/Pacific, Europe, Latin America
  and US
• Sectoral forestry, marine, species, climate

6
Mechanisms Planning Initiatives

• Program Management Plans (3)
• Brazilian Amazon
• Terai Arc (Nepal)
• Meso-American Reef (Belize, Guatemala, Honduras,
  Mexico)
• Central Africa Forests Financing Study
• Cameroon, Chad, Central African Republic, Congo,
  Democratic Republic of Congo, Gabon

7
Mechanisms Conservation Trust Funds

• 15 20 candidates
• Active (8)
• Madagascar
• Namibia
• Terai Arc
• Vietnam
• Mesoamerican Caribbean Reef
• Argentina (Missiones)
• Amazon Region Protected Areas
• Kamchatka

8
Mechanisms

• Debt-for-Nature
• Argentina
• Russia
• Tropical Forest Conservation Act and Coral Reef
  Coastal Marine Conservation Act
• Peru (TFCA - 2002)
• Philippines (TFCA - 2002)
• Future priorities Belize, Colombia, Ecuador,
  Gabon, India, Indonesia, Paraguay, Thailand

9
Mechanisms Investment Funds

• Asian Conservation Corporation (Philippines)
• Green Investment Fund (Russia)

10
Mechanisms Tourism Taxes

• Tubbataha dive fee
• Bali airport or dive fee
• Maldives airport or dive fee

11
Mechanisms Communities and Poverty Reduction

• Successful Communities
• integrating community development, health,
  education with conservation in the Eastern
  Himalayas
• Heavily Indebted Poor Countries (HIPC)
• Integrating the environment into Poverty
  Reduction Strategies in HIPC countries

12
New Mechanisms Carbon, Watershed

• Evaluating sites
• Building expertise
• Developing guidelines
• Analyzing fundraising potential

13
Staffing

• 6 full-time, 1 part-time staff in Washington
• 3 affiliated staff in Washington and California
• Conservation finance consultant in Yaounde
• Conservation finance consultant in Moscow

14
Expertise

• Banking commercial and investment (2)
• Conservation management (3)
• Languages Chinese (1), French (4), Japanese (1),
  Portuguese (1), Russian (1), Spanish (6)
• Legal domestic (2), foreign (2)
• Specialized carbon, corporate finance, debt
  swaps, trust funds, user fees

15
Tools and Gaps

• Quarterly Review Program Day
• Internal review
• Consultations within WWF Network
• Participation in planning meetings
• Large-scale Program Management Task Force
• Creation of private sector advisory board
• Brainstorming
• Fundraising

16
Needs

• Training guide (especially case studies)
• Targeted capacity building for selected sites or
  regions (China, Central Africa)
• Promoting a common policy agenda
• Setting standards for carbon deals
• Promoting TFCA and coral reef debt swaps
• Sharing information about new mechanisms
• Collaboration on projects on selective basis

17
Contributions

• Case studies
• Field testing of mechanisms in variety of
  settings
• Tools developed through large-scale program
  management
• Legal models
• World-wide network