Conservation needs more funding, and it needs better funding.
Conserving species diversity and healthy ecosystems and finding ways to support and promote conservation that benefits both people and their environment has never been more important. Yet the proportion of funding from European and US foundations that goes to environmental issues is tiny. In Europe, the figure is between four and five per cent (philea.eu), while the US is not far ahead.
We actively explore approaches to funding that allow small and medium-sized NGOs working on vital conservation issues to flourish and develop in the way that works best for them, supporting core activities and building capacity.
At Synchronicity Earth, we are developing long-term funding approaches to bring more money into the sector and helping to use that money better.
Conservation needs donors and foundations to think long-term. Our Endowment Funds look at 10 year + timeframes, but are set up to release funding from the start so their impact can be felt as soon as possible.
Our More than Carbon initiative provides forward-thinking businesses and investment firms with a solution to bolster their environmental credentials by supporting work that regenerates incredibly valuable natural resources – forests, freshwater, mangroves – and provides benefits for local people living in and around them.
And the innovative pooled funding approach we are taking with a growing number of our Programmes is benefitting both our partners and the donors helping to fund them.
We believe it is important to pool donor funds for our Programmes to coordinate funding, monitoring and impact reporting, reducing the load on organisations and bringing donors together to achieve impact at scale.
Our More than Carbon initiative is designed to find organisations protecting and restoring vital carbon stores – forests, mangroves, wetlands, peat swamps – bringing life back to regions where biodiversity is threatened, or has been lost.
An expendable endowment is effectively a hybrid model between regular fundraising and a standard endowment (where only income, not capital is spent). Our Funds aim to match the life of the fund with the timescale of the action needed.