Developing Financial Mechanisms for Long-Term Funding of Biodiversity Conservation
On March 12, 1992, the Regional Environment Divisions and the Global Environment Facility Administration in the Environment Department sponsored a one-day workshop. Conservation professionals, financial and legal specialists, and Bank operational s...
| Main Author: | |
|---|---|
| Language: | English |
| Published: |
World Bank, Washington, DC
2012
|
| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/1993/10/1570735/developing-financial-mechanisms-long-term-funding-biodiversity-conservation http://hdl.handle.net/10986/10030 |
| Summary: | On March 12, 1992, the Regional
Environment Divisions and the Global Environment Facility
Administration in the Environment Department sponsored a
one-day workshop. Conservation professionals, financial and
legal specialists, and Bank operational staff involved with
biodiversity, particularly Global Environment Facility (GEF)
projects, gathered to discuss trust funds, endowments, and
foundations as a means of providing long-term, continuous
funding for biodiversity conservation. Following this,
another workshop focusing on trust fund design for GEF
biodiversity projects was held on July 31, 1992. The paper
previewed in this article outlines the main issues and
operational lessons from both workshops. It is dividied into
three subheadings. The first section deals with issues in
setting up a long-term financial mechanism; the second
section addresses special considerations for the GEF; and
the third summarizes conclusions from both workshops. |
|---|