IDEAS home Printed from https://ideas.repec.org/a/gam/jlands/v11y2022i5p637-d802310.html
   My bibliography  Save this article

Getting Blended Finance to Where It’s Needed: The Case of CBNRM Enterprises in Southern Africa

Author

Listed:
  • Jessica Smith

    (United Nations Environment Programme Finance Initiative, 11-13 Chemin des Anémones, Vernier, 1219 Geneva, Switzerland
    Graduate School of Business, University of Cape Town, 9 Portswood Rd, Victoria & Alfred Waterfront, Cape Town 8002, South Africa)

  • Mikael Samuelson

    (Graduate School of Business, University of Cape Town, 9 Portswood Rd, Victoria & Alfred Waterfront, Cape Town 8002, South Africa)

  • Benedict Moore Libanda

    (Environmental Investment Fund of Namibia (EIF), 8933 Heinitzburg Heights, Windhoek P.O. Box 28157, Namibia)

  • Dilys Roe

    (International Institute for Environment and Development, 235 High Holborn, London WC1V 7DN, UK)

  • Latif Alhassan

    (Graduate School of Business, University of Cape Town, 9 Portswood Rd, Victoria & Alfred Waterfront, Cape Town 8002, South Africa)

Abstract

Blended finance aims to unlock additional private finance for the sustainable development goals (SDGs), however, it has not yet reached the anticipated scale to deliver on SDG 15: Life on Land. So far, blended finance approaches have not been fully adapted to the context where conservation activities take place, for example on communal lands—a common tenure arrangement for conservation in southern Africa. This study identifies opportunities, barriers, and risks to up-scaling private finance for nature in the context of community-based natural resource management (CBNRM) in southern Africa. It considers the feasibility and desirability of relevant revenue streams towards achieving long-term financial sustainability in conservation landscapes, including sustainable wildlife economies and payment for ecosystem services (PES), and involving indigenous peoples and local communities (IPLCs) particularly within CBNRM tenure arrangements. It concludes that a ‘CBNRM investment guarantee’ or similar would be transformational for hundreds of thousands of conservation enterprises and their beneficiaries regionally, but currently no such tailored de-risking mechanism exists.

Suggested Citation

  • Jessica Smith & Mikael Samuelson & Benedict Moore Libanda & Dilys Roe & Latif Alhassan, 2022. "Getting Blended Finance to Where It’s Needed: The Case of CBNRM Enterprises in Southern Africa," Land, MDPI, vol. 11(5), pages 1-16, April.
    • Handle: RePEc:gam:jlands:v:11:y:2022:i:5:p:637-:d:802310
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2073-445X/11/5/637/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2073-445X/11/5/637/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Jessica Dempsey & Daniel Chiu Suarez, 2016. "Arrested Development? The Promises and Paradoxes of “Selling Nature to Save It”," Annals of the American Association of Geographers, Taylor & Francis Journals, vol. 106(3), pages 653-671, May.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Mawutor, Samuel M. & Hajjar, Reem, 2024. "Empowerment and disempowerment in community-based natural resource management: Examining CREMA outcomes in Ghana," Land Use Policy, Elsevier, vol. 138(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Fletcher, Robert & Büscher, Bram, 2017. "The PES Conceit: Revisiting the Relationship between Payments for Environmental Services and Neoliberal Conservation," Ecological Economics, Elsevier, vol. 132(C), pages 224-231.
    2. Patrick Bigger, 2018. "Hybridity, possibility: Degrees of marketization in tradeable permit systems," Environment and Planning A, , vol. 50(3), pages 512-530, May.
    3. Poulton, David W. & Kaplinsky, Eran S., 2022. "Unfinished business: Market-based instruments under the Alberta Land Stewardship Act," Land Use Policy, Elsevier, vol. 123(C).
    4. Manda, Simon & Mukanda, Nyambe, 2023. "Can REDD+ projects deliver livelihood benefits in private tenure arrangements? Experiences from rural Zambia," Forest Policy and Economics, Elsevier, vol. 150(C).
    5. Wim Carton & Adeniyi Asiyanbi & Silke Beck & Holly J. Buck & Jens F. Lund, 2020. "Negative emissions and the long history of carbon removal," Wiley Interdisciplinary Reviews: Climate Change, John Wiley & Sons, vol. 11(6), November.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jlands:v:11:y:2022:i:5:p:637-:d:802310. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.