Earth Day 2024: Bhutan will host global meet today to mobilise finance for tiger conservation across Asia

Subject: Environment

Sec: Int Conv

Context:

The Bhutanese government is set to host the Sustainable Finance for Tiger Landscapes Conference on Earth Day 2024 (22 April) to raise $1 billion over the next decade for tiger conservation across Asia.

Sustainable Finance for Tiger Landscapes Conference:

The conference, under the patronage of Bhutan’s queen, Jetsun Pema Wangchuck, will focus on generating new funding to preserve tiger habitats, crucial for biodiversity, carbon sequestration, and supporting over 100 million people.
Co-organized by the Royal Government of Bhutan and the Tiger Conservation Coalition, the event will feature discussions on sustainable finance, the United Nations’ Global Biodiversity Framework, and public-private partnerships.
The Global Environment Facility has already contributed significantly to tiger conservation, providing over $197 million in financing.
The conference aims to further these efforts by securing sustainable financing for these vital ecosystems, which play a significant role in maintaining ecological balance and supporting local communities.

Tiger conservation coalition:

Announced on: World tiger day
Announced by: IUCN with its partners working on tiger conservation
Aim: To support enhanced ambition and financing for tiger recovery, while delivering impact for nature and people.
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 organisations include IUCN, the Environmental Investigation Agency;Fauna & Flora; Panthera; TRAFFIC; the United Nations Development Programme; the Wildlife Conservation Society; and the World Wildlife Fund.
It is an independent group of organisations that have worked extensively together on major tiger assessments, including the latest assessment by the IUCN Red List of Threatened Species and IUCN’s Green Status of Species assessment under a common vision for tiger conservation.

Source: DTE