Sustainable Financing for New Protected Areas (FINANP)


Establish effective management, increased biological connectivity, and sustainable financing for protected areas

The Project

The Sustainable Financing for New Protected Areas (FINANP, acronym in Spanish) project aims to ensure that protected areas (PAs) are effectively managed and strengthen their connectivity and sustainable financing strategies. In this way, it seeks to contribute to the sustainable use and protection of Mexico's natural capital by maintaining its ecosystemic integrity and the provision of environmental services generated in them. FINANP will formally begin field activities in the second half of 2023.

Context

FINANP has a planned duration of five years, starting in June 2021, and has two phases to achieve its objective: 

  • FINANP I, managed by the International Union for Conservation of Nature (IUCN), has a temporary financial contribution, which will contribute with equipment for three federal PAs and the "Muros de Agua" Ranger Training Center in the Islas Marías Biosphere Reserve, and will support other innovative land management modalities relevant to biological connectivity.
  • FINANP II, under the responsibility of FMCN, provides equity resources for the operation of three federal PNAs, with an area of 22 million hectares (mainly marine), which were selected based on criteria of ecological conservation, socioeconomic value, as well as the risks and threats they face. The beneficiary PAs are the Mexican Caribbean and Pacific Islands Biosphere Reserves of the Baja California Peninsula and Revillagigedo National Park. The operation of these PAs will be strengthened through the Protected Areas Fund (FANP, acronym in Spanish) mechanism, based on the financing of conservation actions in a five-year strategic planning process.


The lines of work that guide FINANP's actions are as follows:

  1. Establish effective management of the selected federal PAs (Phase I).
  2. Promote innovative alliances for integrated territorial management (Phase I).
  3. Institutional strengthening of the National Commission of Protected Areas (CONANP) (Phase I).
  4. Contribute to the financial sustainability of federal PAs (Phase II).

The beneficiary PAs are the Mexican Caribbean and Pacific Islands Biosphere Reserves of the Baja California Peninsula and Revillagigedo National Park.

Achievements

The FINANP project will formally start field activities in the second half of 2023.
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Allies

Donor:

  • KfW Development Bank

Partners:

  • Comisión Nacional de Áreas Naturales Protegidas
  • Regional Office for Mexico, Central America, and the Caribbean of the International Union for Conservation of Nature