We can accomplish more by working together. PFPs build a bigger table, bringing a diversity of stakeholders to the decision-making process. National and local governments are critical partners. And in many places partnership with Indigenous Peoples and local communities is an integral part of a PFP, ensuring long-term management of a protected area aligns with local goals and values.
A PFP secures long-term investment in conservation initiatives by tying full and sustained funding to measurable goals, including social and environmental gains, and continuing the financing only if those benchmarks are met.
Since the first PFP initiative was developed by First Nations, The Nature Conservancy, and other partners in Canada’s Great Bear Rainforest 16 years ago, the model has been successfully replicated in Colombia, Bhutan, Brazil, Costa Rica, and Peru, and is now being pursued in places like Belize, Mongolia, Gabon, and Namibia.
The Enduring Earth initiative builds on programs like Amazon Region Protected Areas for Life, which has helped hold back the tide of deforestation and fires in an expansive area of the Amazon rain forest equal to one and a half times the size of California. And builds on the triumph of Bhutan for Life, which helped secure permanent funding for Bhutan’s system of protected areas.
News and Stories
Climate Finance Takes the Spotlight at COP28
December 8, 2023
The COP28 Presidency shared that more than $83 billion has been mobilized for climate action, with pledges from governments, development banks, philanthropy, and the finance and technology sectors. Funds are targeted to address loss and damage, nature, technology, renewable energy, food, water, justice, and local action, where new financing is needed to assist the most vulnerable countries impacted by climate change. Read the full story
Connect to Protect Coalition Invests Over $100 Million in the Eastern Tropical Pacific Marine Corridor in 2022
March 1, 2023
The Connect to Protect Eastern Tropical Pacific coalition committed USD$118.5 million in private and public funds in 2022, in support of conservation efforts in Colombia, Costa Rica, Ecuador, and Panama. This work will strengthen marine protections for the Eastern Tropical Pacific Marine Corridor (CMAR) which harbors one of the most biologically diverse and highly productive areas in the ocean. The funds will be disbursed over the course of the next two to four years. English / Espanol
Gabon and Mongolia Commit to Protect 380,000 Square Kilometers of New Land, Ocean and Freshwater Areas
December 15, 2022
As the United Nations Convention on Biological Diversity COP15 meeting continues, the nations of Gabon and Mongolia are stating their intent to lead the world on implementing the ambitious goal of protecting 30 percent of land, freshwater and ocean resources by 2030, in collaboration with The Nature Conservancy (which is the global affiliate of Nature United in Canada). Read more
Canada Commits CAD$800 million to Advance Indigenous-led Conservation
December 7, 2022
At the fifteenth Conference of Parties to the Convention on Biological Diversity in Montréal, Canada, the Government of Canada announced a commitment of $800 million (CAD) to expand Indigenous-led conservation. The funding will support new and enhanced protections of lands and ocean, expand the Indigenous Guardian and stewardship programs, and catalyze associated investments in Indigenous communities. Read more
Broad Coalition Announces Support for Conserving Eastern Tropical Pacific
June 27, 2022
A broad coalition of philanthropic, government, and non-government organizations pledged technical and financial assistance totaling more than $150 million in private and public funds, to support Colombia, Costa Rica, Ecuador, and Panama in strengthening the Eastern Tropical Marine Corridor (CMAR) by creating a transboundary biosphere reserve that will connect and protect biological hotspots and encompass 500,000 square kilometers (193,000 square miles) of ocean Read more
Colombia, WWF and Partners Announce $245M “Herencia Colombia Agreement
June 23, 2022
The Government of Colombia, with a broad coalition of community, public sector, and private sector partners, demonstrated their commitment to long-term conservation in Colombia by signing a joint declaration to launch a new Project Finance for Permanence (PFP) initiative called Heritage Colombia (or Herencia Colombia in Spanish), which secures $245 million USD of public and private finance to permanently protect 32 million hectares of iconic Colombian landscapes and seascapes. Read more
PFPs – In the News
February 7, 2023: Great Bear Sea: vast new marine zone a ‘mindset shift’ for conservation
June 10, 2023: How could privately funded conservation work in the NWT?
July 10, 2023: Conservation Trust Fund Established in Mongolia
July 10, 2023: The Conservation Trust Fund will be established in Mongolia
September 28, 2023: “Yucatán Lives, United by Nature”, reality of long-term conservation
September 28, 2023: Presentan iniciativa Yucatán Vive, Unidos por la Naturaleza
October 13, 2023: Deal moves NWT toward more privately funded conservation