WWF and its partners use an innovative funding approach—called Project Finance for Permanence (PFP)—that ensures the long-term financial stability of protected areas or networks of protected areas. It is a means for permanent and full funding for protected areas. PFP addresses an issue often seen in the conservation community: piecemeal or insufficient funding for the management of protected areas.
Bhutan is at the heart of the Eastern Himalayas, which supplies one-third of the world’s freshwater. And the country’s forests help keep climate change at bay by absorbing carbon dioxide. Bhutan is one of the world’s 10 most biodiverse countries. But Bhutan’s natural resources are on the brink of being more threatened now than ever before, despite the government’s political will and conservation milestones. Why? The country has changed more in the last 50 years than the past 500 years combined.