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Sustainable Finance for Asia and the Pacific: Protecting and Restoring Coral Reefs

The Asian Development Bank (ADB) and The Nature Conservancy (TNC) are focused on identifying innovative ways to effectively protect and restore critical ecosystems, such as coral reefs, in Asia and the Pacific. The need for funding and capacity to protect and restore coral reefs is too great to fill from any one source. The solution will require creative thinking and need to be multifaceted and diverse. The urgency of the crisis is too great to not invest now in identifying and developing innovative financial tools.

Heavy reliance on private finance alone will not deliver conservation goals

The Kunming-Montreal Global Biodiversity Framework envisages an increasing reliance on large-scale private finance to fund biodiversity targets. We warn that this may pose contradictions in delivering conservation outcomes and propose a critical ongoing role for direct public funding of conservation and public oversight of private nature-related financial mechanisms. 

Full Paper (Pdf)

Saving the ocean and climate through innovative marine protected area finance mechanisms

Ocean threats: acidification, deoxygenation, warming, heatwaves. Do we have anything useful to bend, change, or reverse the results? This brochure, conceived to advocate and educate at the UNFCCC COP27 meetings, summarises these threats and how various solutions (explained within) can actually help protect the ocean as Nature-based Solutions, if correctly constructed, and the existing and emerging financial mechanisms and institutions that can build and fortify these solutions. 

Video - An ingenious proposal for scaling up marine protection | The Nature Conservancy

Island and coastal nations need to protect their waters to keep the oceans healthy. But they often have lots of debt and aren't able to prioritize ocean conservation over other needs. The team at The Nature Conservancy sees a way to solve both problems at once: restructuring a nation's debt in exchange for its government's commitment to protect coastal areas. Learn more about how "Blue Bonds for Conservation" work -- and how you can help unlock billions of dollars for the oceans. This ambitious plan is a part of the Audacious Project, TED's initiative to inspire and fund global change.

April 16, 2022
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Conservation trust funds are said by some to take money away from urgent needs now, especially for land acquisitions, where it is often a case of ‘now or never.’ While donors do prefer to support the creation of new protected areas, the under-funding of protection and management results in “paper