Conservation Strategy Fund helps local conservationists use economic tools to find smart, efficient solutions to the most urgent environmental problems. Since its creation in 1998, CSF has conducted dozens of analysis projects in forests, rivers and coastal environments. Most of our work has focused in the tropics, where extraordinarily high levels of biological diversity are found. To maximize the reach and quality of our work, we involve leading experts and conservation organizations in all of our projects.

Strengthening Community Based Conservation in Bolivia

Photo: Manuripi Province, Pando. Credit: Alejandro Burr

With support from the Good Energies Foundation, CSF is working to identify and implement a sustainable financing mechanism for environmental projects in Bolivia and for the community-based forest conservation program known as COMSERBO program (Programa de Incentivos por COnservación, Manejo Integral y SERvicios de BOsques, or Incentive Program for Forest Conservation, Integrated Management, and Services).

CSF is first conducting a financial sources analysis from private and public sources, with the intention to provide a better understanding of the potential to attract funding from sources such as innovative tax schemes, corporate social responsibility commitments, and payments from Brazil nut farmers. Second, CSF will assess the feasibility of a BanCO2-type financial mechanism, which has shown positive results in Colombia, and begin the design of its inclusion in the incentive program. The feasibility analysis will include: the identification and engagement of potential partners in the banking sector in Bolivia; the identification of potential partners in the private sector; a stakeholder-driven design of the mechanism; and, the coordination with COMSERBO and other partners for the inclusion of this instrument in their programs. At the end of this first stage, CSF will have created an implementation plan to guide future steps.

In the second year, CSF will develop all the necessary materials, procedures and manuals for the mechanism; build capacity in the banking sector; promote the program among the relevant stakeholders; formalize the commitments and, finally, launch the initiative. The third year will be devoted to adaptively managing the functioning of the mechanism, continuing to grow the know-how in the banking sector and transitioning management to a board formed by all the projects receiving funds.