Overview
Eco2Fin is a strategic framework developed by Wolfs Company designed to support financial sustainability for conservation projects. The framework integrates ecosystem services into financial planning and decision-making processes, ensuring long-term economic and environmental benefits. Eco2Fin helps organizations identify, value, and capture ecosystem service benefits, thereby enabling sustainable financing for conservation and development projects.
Application
Eco2Fin is applied in various conservation and development projects to:
Evaluate and incorporate ecosystem services into financial planning.
Develop sustainable financing mechanisms for conservation efforts.
Support decision-making processes with economic and environmental considerations.
Enhance the financial viability of conservation projects by identifying new revenue streams.
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Relevance for the Global Biodiversity Framework
Eco2Fin supports the Global Biodiversity Framework by promoting financial sustainability and integrating ecosystem services into economic planning. This approach contributes to several targets, including:
Reducing financial barriers to conservation.
Enhancing the value and importance of ecosystem services.
Promoting sustainable use and conservation of biodiversity.
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Key Features
Ecosystem Service Valuation: Quantifies the benefits provided by ecosystems to support financial decision-making.
Sustainable Financing: Develops mechanisms to ensure long-term funding for conservation projects.
Decision Support: Provides tools and frameworks to integrate ecosystem services into financial and development planning.
Revenue Stream Identification: Identifies potential sources of income from ecosystem services to enhance project viability.
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