Funding review: Support for community livelihoods grows

(Source: World Bank)

From the newsletter

There is plenty of funding for conservation projects across the continent, though not enough. We tracked dozens of new initiatives in the past month, many of which support community livelihoods. The biggest addition is the Tropical Forests Forever Facility, a global fund worth $125 billion, which received its first $1 billion from Brazil.

  • The fund was launched at the UN General Assembly in New York and will make annual payments to countries based on how well they preserve their forests.

  • Other funding last month includes a $12 million grant by TUI Care Foundation for a two year conservation technology project and a $1.6 million grant by IUCN for a community restoration project in Zanzibar.

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