In this white paper, we seek to clarify the definition and role of conservation finance to show how important its mechanisms and strategies are for addressing the underlying causes of nature loss as well as contributing to increasing sustainable funding flows to nature conservation. This white paper is intended to improve understanding of the opportunities and challenges posed by the field of conservation finance. The paper emphasizes a holistic approach to conservation finance and seeks to support a more harmonized comprehension going forward. Secondly, the white paper provides several conceptual frameworks to facilitate an understanding of the various concepts associated with conservation finance. Finally, the white paper presents a taxonomy of conservation finance strategies and mechanisms.
The white paper defines conservation finance as “mechanisms and strategies that generate, manage, and deploy financial resources and align incentives to achieve nature conservation outcomes.”