Rare is pioneering a first-of-its-kind Small-Scale Fisheries (SSF) Impact Bond which will enable community-led co-management of fisheries in Southeast Sulawesi. The project will establish five new “Managed Access with Reserves (MA+R)” areas, to be designated as Other Effective Area-Based Conservation Measures (OECMs), to protect vital territorial seas that host over 80% of the world’s corals, seagrasses, and mangroves, where protection is often insufficient. The investment will also formalize and strengthen microbusinesses in MA+R sites, boosting sustainable employment and enabling Fisheries Management Bodies (FMBs) to become financially independent. By tying outcomes to measurable conservation impacts, Rare secures private, public and philanthropic funding to ensure long-term sustainability for both the fisheries and the communities that rely on them.
Innovative finance focuses on developing financial strategies to sustainably manage and preserve natural resources. It seeks to secure continuous funding and unlock extra resources for long-term environmental stewardship. Mechanisms like conservation finance and blended finance, harness economic incentives to support conservation efforts and generate financial benefits. Additionally, they encourage community participation and ownership.
Innovative Finance
Kenya + 2 countries
Natural Justice works to defend the rights of indigenous and local communities impacted by climate change. Through legal empowerment, climate litigation, and solidarity funding, they support these communities while promoting ancient and indigenous knowledge to mitigate climate change and restore harmony with nature. Their project fosters learning opportunities among indigenous communities globally.
Innovative Finance
India
This pilot project by the Indian Institute for Human Settlements (IIHS) tackles urban ecology and water management challenges in Bengaluru, India. By combining ecological restoration with sustainable urban planning, the initiative aims to enhance biodiversity and improve water security through the mapping of blue-green spaces, constructed wetlands, and long-term monitoring of urban lakes.
Innovative Finance
United States
The Conservation Finance Alliance (CFA) incubator aims to identify, incubate and enhance conservation finance solutions and tools to drive greater impact. Over the course of one year, it will support 5-10 groundbreaking projects selected through a global call for proposals by providing grants, mentorship, and development opportunities. By nurturing these concepts, the program aims to unlock additional funding and scale impactful conservation initiatives worldwide.