Achieving Target 3 requires sufficient funding and sustainable finance to ensure protected areas and OECMs are established and managed in ways to maintain biodiversity in the long term, at both the site and systems level.
Conservation Finance
Sustainable Fact Sheets
The following fact sheets, developed by the IUCN WCPA Sustainable Finance Specialist Group, provide examples of different options being used to fund protected areas and OECMs in across the world:
Collaborative management partnerships (CMPs)
Making Money Local
This video summarizes the CBD’s Making Money Local report which compiles over 30 case studies of realised cash-in-hand financial benefits from protected areas. This body of work encourages managers and stakeholders that they can be creative about income streams from protected and conserved areas without putting conservation values at risk.