Overview

Coastal and marine ecosystem management and governance institutions face a wide array of choices when it comes to conservation finance mechanisms. The following tool presents 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, supplementary funding for nature, especially 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 Guidance Note is connected to a worksheet that can be accessed here. Please make a copy of this note and the worksheet for your project or program.

DOI: 10.13140/RG.2.2.14604.12161

Under the auspices and with the support of the Conservation Finance Alliance (CFA) Marine and Coastal Finance Working Group.

This Methodology was established by the Conservation Finance Alliance Marine and Coastal Finance Working Group with support from additional partners including BIOFIN and the Global Fund for Coral Reefs.  Please address all questions/suggestions to secretariat@cfalliance.org.