Hill, Rosemary, Jarvis, Diane, Maclean, Kirsten, Melgar, Diego O., Woodward, Emma, Carter, Rodney, Limited, Ewamian, Rassip, Whitney, Rist, Phil, and Claro, Edmundo (2025) Community-based approaches to biodiversity finance. Current Opinion in Environmental Sustainability, 73. 101521.

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Abstract

Indigenous peoples and local communities live in, manage, and own large regions and require investment to finance their biodiversity management strategies. Their approaches are proactive and powerful, with clear agency to drive futures that include consistent biodiversity finance. Our literature review and illustrative case studies highlight five factors that influence how communities forge pathways based on their world views and knowledge systems, underpinned by recognition of rights, compensation for damage by colonizers, and establishment of organizations with culturally valid governance to leverage biodiversity finance. Global actors, such as the Parties to the Convention on Biological Diversity implementing the Kunming-Montreal Global Biodiversity Framework, need to understand the history and characteristics of these pathways and tailor their finance to suit — for example, to finance governance and organizational development for some and protected area management for others.

Item ID:	84835
Item Type:	Article (Research - C1)
ISSN:	1877-3443
Keywords:	Aboriginal and Torres Strait Islander; Indigenous people; Local communities; Biodiversity finance
Copyright Information:	© 2025 The Author(s). Published by Elsevier B.V. This is an open access article under the CC BY-NC license (http:// creativecommons.org/licenses/by-nc/4.0/).
Date Deposited:	10 Mar 2025 23:40
FoR Codes:	38 ECONOMICS > 3899 Other economics > 389902 Ecological economics @ 100%
SEO Codes:	15 ECONOMIC FRAMEWORK > 1599 Other economic framework > 159902 Ecological economics @ 30% 15 ECONOMIC FRAMEWORK > 1505 Microeconomics > 150506 Market-based mechanisms @ 40% 21 INDIGENOUS > 2101 Aboriginal and Torres Strait Islander community services > 210102 Aboriginal and Torres Strait Islander development and wellbeing @ 30%
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