CAFÉ members are providing a sustainable source of financing to the different national park systems across Africa. The consortium’s traditional sources of funding have been the World Bank, the Global Environmental Facility, and development aid.
As these sources are becoming more scarce, new alternatives for environmental funds are critical, including partnership with the private sector.
Ben presented on the changing landscape of conservation finance and facilitated several work sessions designed to identify projects that could potentially be investible by impact investors. He will pursue his work with the different funds over the course of the year to help demonstrate that private investment can support the management of national parks in Africa.
CAFÉ’s mission is to build a learning community that shares best practices and pursues innovative finance mechanisms in order to foster conservation, environmental management and sustainable development in Africa. More information on their website.