Over the past several decades, but in particular in recent years, the practice of conservation has increasingly adopted business-based and financial approaches. Among these is the use of project-finance techniques to mobilize the resources, institutional commitments, and other conditions needed for successful long-term conservation. This approach, here referred to as project finance for permanence (PFP), is the subject of this report.
A holistic approach
Place-based conservation brings together the ecological, financial, and organizational measures needed for long-term conservation.
PFP brings a large block of outside funding into a single closing and organizes the necessary parties and draw out new resources and commitments.