
06/10/2017
Trust Fund Standards of Practice
This initiative was developed through the
Conservation Finance Alliance (CFA) - a network
established in the year
2002 with the purpose of helping to address
the challenges of sustainable financing
for the conservation of biodiversity. The
CFA includes almost all the FFCs, as well
like many other organizations for the
conservation, networks and individual experts.
The Conservation Trust Funds
are private institutions and legally
autonomous companies that provide financing
sustainable for the preservation of the
biodiversity. They can finance a portion
of long-term management costs for the
protected area (PA) system of a country,
as well as the conservation and
sustainable development initiatives abroad
of the PA. The central activity of the FFCs
has been to mobilize resources since
various sources - including donors
international, national governments and
the private sector - and channel them into
donation scheme for multiple programmes
and field projects through
non-governmental organizations (NGOs),
community-based organizations (CBOs) and
Government agencies (such as the
national park directorates).
Objectives
Operations include strategic planning, grantmaking, interaction with government, and partnerships with other organizations.
Management understands the roles and responsibilities of the organization, its operational manuals, the use of its financial resources and audits.
Asset management deals with the components of investment strategies, fiduciary responsibilities and relationships with various types of professional investors.
Resources
Environmental compensation:
payments made by managers for
legal obligation, intended to finance
protected areas, in order to compensate
for the negative environmental impacts of
the new projects.


