Protected areas have traditionally relied on funding from central government and international donors to operate. These sources of finance have, however, rarely proved sufficient to ensure that an adequate budget is available for biodiversity conservation. Protected areas across the world are facing a pressing funding crisis, prompting the search for new and secure sources of finance which can sustain them into the future. One of the key needs is not just to identify a more sustainable financing base, but also to work to operationalise financial and business principles into protected area management planning.
We have been working with the United Nations Development Programme (UNDP) in Kazakhstan to develop guidelines for Protected Area valuation and financing, and business plans for Irgiz Torgai Strict Natuer Reserve and Katon Karagay National Park, as well as building capacity and awareness on the use of financial and economic tools for conservation among conservation and finance planners and decision-makers.