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Sustainable Finance Stream Introduction
Protected natural areas are often managed with limited budgets that are insufficient to support long-term conservation objectives. While these budgets continue to decrease, the demands from Protected Areas are on the increase. In addition to protecting biodiversity and ecosystem processes, protected areas are also expected to provide clean air and water and support tourism and recreational activities. In this context, the primary objective of the Sustainable Finance Stream is to highlight the opportunities and associated challenges of developing sustainable finance solutions for protected areas and protected area systems. Participants at the meeting will be introduced to a wide range of financial arrangements and options for the generation of revenues. Emphasis will be placed on the development of a business-model approach to Protected Areas management. The Stream will provide the participants with necessary elements to develop strategies to not only meet their long-term funding needs but also overcome institutional and policy barriers. The Sustainable Finance Stream will bring together experts and practitioners from a wide range of backgrounds to put forth recommendations that address key issues concerning the long-term financial viability of protected areas. Sustainable Finance Stream Content Overview and Policy: Introduction to the Sustainable Finance Stream and the policy context for protected area financing Coordinator: Carlos E. Quintela, Wildlife Conservation Society Session II Institutions: Institutional arrangements for the financing of protected areas Coordinator: Lorenzo Rosenzweig, The Network of Latin American and Caribbean Environmental Funds (RedLAC) Session III Applications: Learning from concrete successes of sustainably financing protected areas Coordinator: Sean Southey, UNDP Equator Initiative Workshop 1: Revenues from National Governments Workshop 2: Debt-for-Nature Swaps Workshop 3: Trust and Endowment Funds Workshop 4: Conservation Incentive Agreements Workshop 5: Role of Communities in the Sustainable Financing of Protected Areas (Part I) Workshop 6: Marketing the Ecosystems Services of Your Park Workshop 7: Tourism-based Revenue Generation Workshop 8: The Role of Private Sector Partnerships in Supporting Protected Areas Workshop 9: Leveraging Oil and Gas Support to Protected Areas Workshop 10: Using World Heritage Status to Maximize Effectiveness of Sustainable Financing Strategies Workshop 11: Role of Communities in the Sustainable Financing of Protected Areas: sustaining equitable funding for the involvement of Indigenous and local communities in protected area management (Part II) Workshop 12: Building a Diverse Portfolio to Sustainably Finance a Marine Protected Area Network Session IV Tools: Conservation finance tools and capacity building Session V Synthesis Short Courses and Field Trips Course 1: Conservation Incentive Agreements Course 2: Business Plan Development Course 3: Economic Valuation Course 4: Conservation Finance Tools |
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