The Convention on Biological Diversity has announced more than US$120 million in funding from public and private sources for protected areas, through the LifeWeb Initiative.
25 October 2010: The Convention on Biological Diversity (CBD) has announced more than US$120 million in funding from public and private sources for protected areas, through CBD’s LifeWeb Initiative.
The funding is taking place in part through new partnerships to strengthen financing for protected areas around the world, including: Costa Rica (over US$50 million) from the United States through the Topical Forest Conservation Act, private foundations and The Nature Conservancy, with further support in the final stage of agreement announced by the Government of Germany; Colombia (almost US$30 million) from the Netherlands, USAID and the European Commission (in final stages of negotiation for financial support); and Mozambique (US$5 million) from France. Further commitments to the Initiative included Germany (US$22 million), Spain (US$6 million) and Finland (US$750,000). The number of CBD LifeWeb international cooperation partners now totals 14 and includes the Governments of Germany, Belgium, Spain, Finland, France, Canada, Italy, United States, Netherlands and Japan, as well as the Government of Flanders, the European Commission, the Bank of Georgia, the Gordon and Betty Moore Foundation, the Linden Trust and the Walton Family Foundation.
The LifeWeb Initiative facilitates funding partnerships for protected areas to sustain biodiversity, address climate change and secure livelihoods, through implementation of the Convention’s programme of work on protected areas, in particular through round-table events that bring together national governments and donor partners. [CBD Press Release] [CBD LifeWeb website] [Spain-UNEP LifeWeb website]