Bhutan to host the Sustainable Finance for Tiger Landscapes Conference on Earth Day (22 April) 2024.
About Sustainable Finance for Tiger Landscapes Conference:
- The two-day conference was hosted by Bhutan under the patronage of Queen Jetsun Pema Wangchuck.
- High-level representatives from ten tiger range countries including Bangladesh, Bhutan, Cambodia, China, India, Kazakhstan, Malaysia, Nepal, Thailand, and Vietnam attended the conference.
- It aims to raise $1 billion in new funding over the course of 10 years to conserve tiger habitats.
- In addition to boosting global tiger populations, funds will expand habitats and restore ecological balance in tiger landscapes, benefiting species, biodiversity, and local communities.
- It invites the full participation of Indigenous Peoples and local communities.
- It links tiger conservation to the Linking tiger conservation to the global agendas on biodiversity and climate.
- It highlights the significance of tiger habitats in maintaining biodiversity and ecosystem balance.
Importance of Tiger conservation landscapes:
- These landscapes are crucial for biodiversity preservation, carbon sequestration, providing resources to over 100 million people, and maintaining the planet’s overall health.
- They are significant areas with minimal human impact, essential for sustaining tiger populations and associated benefits.
Key outcomes:
- It acknowledged the tiger as the emblematic species of Asia, a revered cultural and spiritual symbol for many hundreds of millions of people throughout tiger range and around the globe.
- It recognized the importance of targeted species conservation to achieving the ambition of the Kunming-Montreal Global Biodiversity Framework to address biodiversity loss and extinctions by 2030.
- It noted that tigers serve as measurable indicators of healthy ecosystems, crucial for preserving Asia’s forests and mitigating climate change.
- Their role aligns with the Sustainable Development Goals, impacting livelihoods and human health.
- Committed to catalyze an additional US$1 billion to conserve tigers and their landscapes by 2034.
- The United Nations Development Programme introduced the Tiger Landscapes Investment Fund, while the Asian Development Bank proposed a “tiger bond.”
- Emphasis is placed on securing the 63 vital tiger landscapes for long-term tiger recovery.
About Tiger Conservation Coalition:
- The Tiger Conservation Coalition was formed ahead of the 2022 Year of the Tiger.
- It comprises a diverse group of tiger conservation organisations and multilateral agencies that support tiger range countries in realising their long-term tiger conservation ambitions and delivering impact for nature and people from the local to the global levels.
- It brings together leading biologists and experts in wildlife crime, human-wildlife coexistence, policy, finance, development and communications, with unprecedented alignment on achieving tiger conservation at scale.
- Its member organizations comprise IUCN, the Environmental Investigation Agency, Fauna & Flora International, Panthera, TRAFFIC, the United Nations Development Programme, the Wildlife Conservation Society, and the World Wildlife Fund.
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