What if it was possible to protect millions of acres of critical forest in key biodiversity hot spots around the world… permanently?
Introducing Project Finance for Permanence – WWF’s game-changing approach to conservation.
Nature conservation is a perpetual effort. Along with political support and ambitious policies, governments and communities also need long-term funding to continue stewarding their natural places for many years.
Unfortunately, conservation budgets are often the first to go during times of financial difficulty.
That is why Project Finance for Permanence (PFP) is critical to securing nature’s future, and why WWF is partnering with governments and communities to deliver enduring protections around the world.
PFP initiatives secure the policy changes and funding necessary for conservation success and bind them together in a single agreement. This can look like creating new protected areas, ensuring community and traditional rights, or generating new sources of funding that will sustain the conservation program long after donor funds are spent.
Funds are released over ten or more years to governments and communities as they achieve key milestones. In this way, the stewards of nature know they will have reliable funding if they continue to show results, and the PFP agreement ensures that conservation areas are well-managed, sustainably financed, and benefit the communities who depend on them for the long term.
The success of PFPs is far-reaching:
BRAZILIAN AMAZON – The Amazon rainforest shelters one in every 10 known species and stores vast amounts of carbon, helping to stabilize the planet’s climate. The Amazon Region Protected Areas (ARPA) program permanently protects 154 million acres of the Amazon, an area nearly 1.5 times the size of California.
BHUTAN FOR LIFE – 5 million acres of protected area in a Himalayan region critical to providing freshwater to millions of residents. More than half of the nation is now under conservation protection.
HERENCIA COLOMBIA - $245 million in public and private funding secured to permanently protect 79 million acres of landscapes and seascapes and strengthen the rights and livelihoods of communities across the country.
HERENCIA MAYA – The first PFP initiative led by a state government, permanently conserves 1.4 million acres of protected areas and sacred freshwater sources for more than a million people across the Yucatan peninsula.
NAMIBIA FOR LIFE – The first PFP in Africa, Namibia for Life supports communal conservancies and sustainable rural livelihoods I up to 50 million acres of community-managed areas.
PERUVIAN AMAZON – Secured $140 million to expand and effectively manage nearly 42 million acres of the Peruvian Amazon, covering 87% of the country’s protected areas network.
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