Getting Blended Finance to Where It’s Needed: The Case of CBNRM Enterprises in Southern Africa
29 April 2022
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.
Smith, Jessica, Mikael Samuelson, Benedict M. Libanda, Dilys Roe, and Latif Alhassan. 2022. "Getting Blended Finance to Where It’s Needed: The Case of CBNRM Enterprises in Southern Africa" Land 11, no. 5: 637. https://doi.org/10.3390/land11050637
Authors
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Jessica Smith et al
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In a complex and changing world, AWEI generates strategic ideas, conducts independent analysis on wildlife economies, and collaborates with global scholar-practitioners to provide training and expertise for biodiversity conservation, climate resilience, and inclusive economic opportunities in Africa.