Welcome to the Conservation Finance Guide. The overall goal is to provide practical tools to support the rapid expansion of sustainable finance mechanisms that generate long-term funding for biodiversity conservation.

Welcome to the Conservation Finance Guide. The overall goal is to provide practical tools to support the rapid expansion of sustainable finance mechanisms that generate long-term funding for biodiversity conservation.
Key steps to implementation are as follows, depending on the design of the fee mechanism:
Raise funding for the business plan
Assure legal framework for collecting and retaining protected area fees
Build capacity (for managers/local communities/partnerships)
Build infrastructure – e.g. construct or install any new facilities required, such as turnstiles and ticket sales booths
Establish management systems, including:
Fee collection system – redistribute existing or hire new personnel and purchase any necessary equipment and supplies. There is an online tool for user fee collection that can provide valuable insights.
Establish an accounting system to track and analyse revenues
Hire an independent firm to audit the site’s accounts periodically
Begin or expand marketing campaign
Conduct a three- to six-month pilot to test the market:
This could involve collection at just one or two sites, and simple fee scales (e.g., only two rates). For entrance fees, begin controlling access points to site and collecting fees and data on visitation. For activity fees, begin collecting fees for and data on participation in the activity or use of the facility.
Evaluate reactions to the fee mechanisms (e.g. WTP study or other visitor survey).
Evaluate effectiveness and performance of fee collection mechanism.
Implement a full-scale fee system (assuming success of the pilot).
Establish an adaptive management system (section 2.5).
Begin allocation of revenues to conservation activities.
Overview
1. Understanding Entrance and Activity Fees
1.2 Stakeholders
1.3 Potential in Monetary Terms
1.4 When is it Feasible and Appropriate?
1.5 Strengths, Risks, and Challenges
2. Methodology
2.1 Scoping
2.2 Feasibility
2.3 Design
2.4 Implementation
2.5 Monitoring, Evaluation, and Adaptive Management
3. How to Improve the Impact of Existing Systems
Appendix: Generic Terms of Reference (ToR) for a Feasibility Assessment