Getting Blended Finance to Where It’s Needed: The Case of CBNRM Enterprises in Southern Africa
Blended finance aims to unlock additional private finance for the sustainable development goals (SDGs), however, it has not yet reached the anticipated scale to deliver on SDG 15: Life on Land. So far, blended finance approaches have not been fully adapted to the context where conservation activitie...
| Main Authors: | , , , , |
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| Format: | Article |
| Language: | English |
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MDPI AG
2022-04-01
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| Series: | Land |
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| Online Access: | https://www.mdpi.com/2073-445X/11/5/637 |
| _version_ | 1827668364725583872 |
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| author | Jessica Smith Mikael Samuelson Benedict Moore Libanda Dilys Roe Latif Alhassan |
| author_facet | Jessica Smith Mikael Samuelson Benedict Moore Libanda Dilys Roe Latif Alhassan |
| author_sort | Jessica Smith |
| collection | DOAJ |
| description | Blended finance aims to unlock additional private finance for the sustainable development goals (SDGs), however, it has not yet reached the anticipated scale to deliver on SDG 15: Life on Land. So far, blended finance approaches have not been fully adapted to the context where conservation activities take place, for example on communal lands—a common tenure arrangement for conservation in southern Africa. This study identifies opportunities, barriers, and risks to up-scaling private finance for nature in the context of community-based natural resource management (CBNRM) in southern Africa. It considers the feasibility and desirability of relevant revenue streams towards achieving long-term financial sustainability in conservation landscapes, including sustainable wildlife economies and payment for ecosystem services (PES), and involving indigenous peoples and local communities (IPLCs) particularly within CBNRM tenure arrangements. It concludes that a ‘CBNRM investment guarantee’ or similar would be transformational for hundreds of thousands of conservation enterprises and their beneficiaries regionally, but currently no such tailored de-risking mechanism exists. |
| first_indexed | 2024-03-10T03:35:01Z |
| format | Article |
| id | doaj.art-abc226996245407c89fcd4fe9a2c56d6 |
| institution | Directory Open Access Journal |
| issn | 2073-445X |
| language | English |
| last_indexed | 2024-03-10T03:35:01Z |
| publishDate | 2022-04-01 |
| publisher | MDPI AG |
| record_format | Article |
| series | Land |
| spelling | doaj.art-abc226996245407c89fcd4fe9a2c56d62023-11-23T11:46:39ZengMDPI AGLand2073-445X2022-04-0111563710.3390/land11050637Getting Blended Finance to Where It’s Needed: The Case of CBNRM Enterprises in Southern AfricaJessica Smith0Mikael Samuelson1Benedict Moore Libanda2Dilys Roe3Latif Alhassan4United Nations Environment Programme Finance Initiative, 11-13 Chemin des Anémones, Vernier, 1219 Geneva, SwitzerlandGraduate School of Business, University of Cape Town, 9 Portswood Rd, Victoria & Alfred Waterfront, Cape Town 8002, South AfricaEnvironmental Investment Fund of Namibia (EIF), 8933 Heinitzburg Heights, Windhoek P.O. Box 28157, NamibiaInternational Institute for Environment and Development, 235 High Holborn, London WC1V 7DN, UKGraduate School of Business, University of Cape Town, 9 Portswood Rd, Victoria & Alfred Waterfront, Cape Town 8002, South AfricaBlended finance aims to unlock additional private finance for the sustainable development goals (SDGs), however, it has not yet reached the anticipated scale to deliver on SDG 15: Life on Land. So far, blended finance approaches have not been fully adapted to the context where conservation activities take place, for example on communal lands—a common tenure arrangement for conservation in southern Africa. This study identifies opportunities, barriers, and risks to up-scaling private finance for nature in the context of community-based natural resource management (CBNRM) in southern Africa. It considers the feasibility and desirability of relevant revenue streams towards achieving long-term financial sustainability in conservation landscapes, including sustainable wildlife economies and payment for ecosystem services (PES), and involving indigenous peoples and local communities (IPLCs) particularly within CBNRM tenure arrangements. It concludes that a ‘CBNRM investment guarantee’ or similar would be transformational for hundreds of thousands of conservation enterprises and their beneficiaries regionally, but currently no such tailored de-risking mechanism exists.https://www.mdpi.com/2073-445X/11/5/637blended financeconservation financebiodiversity financeCBNRMindigenous peoples and local communities |
| spellingShingle | Jessica Smith Mikael Samuelson Benedict Moore Libanda Dilys Roe Latif Alhassan Getting Blended Finance to Where It’s Needed: The Case of CBNRM Enterprises in Southern Africa Land blended finance conservation finance biodiversity finance CBNRM indigenous peoples and local communities |
| title | Getting Blended Finance to Where It’s Needed: The Case of CBNRM Enterprises in Southern Africa |
| title_full | Getting Blended Finance to Where It’s Needed: The Case of CBNRM Enterprises in Southern Africa |
| title_fullStr | Getting Blended Finance to Where It’s Needed: The Case of CBNRM Enterprises in Southern Africa |
| title_full_unstemmed | Getting Blended Finance to Where It’s Needed: The Case of CBNRM Enterprises in Southern Africa |
| title_short | Getting Blended Finance to Where It’s Needed: The Case of CBNRM Enterprises in Southern Africa |
| title_sort | getting blended finance to where it s needed the case of cbnrm enterprises in southern africa |
| topic | blended finance conservation finance biodiversity finance CBNRM indigenous peoples and local communities |
| url | https://www.mdpi.com/2073-445X/11/5/637 |
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