Biodiversity conservation funding in Bhutan: Thematic, temporal, and spatial trends over four decades

Abstract

AbstractAccess to sufficient financial resources is vital for effective biodiversity conservation. Although the importance of biodiversity conservation is widely recognized, lack of funding has been a significant impediment to achieving conservation goals. Yet, information on the allocation of conservation funding remains limited. This study addresses this gap by mapping conservation funding flows in Bhutan over the past four decades. We identified 249 projects totaling US$ 239.4 million allocated for biodiversity conservation in Bhutan from 1980 to 2019. Most of this funding derived from bilateral and multilateral aid agencies, with domestic trust fund and private foundations also contributing. Funding for projects with coupled conservation and development objectives and gender components was relatively high, particularly for funds allocated by multilateral and bilateral organizations. By contrast, domestic funding typically did not include development or gender components. Private foundations and domestic sources emphasized capacity development interventions. Despite relatively limited funding flows, the socio‐political context in Bhutan, which favors environmentally friendly practices, may have been key to the country's widely recognized conservation success. Evidence on trends and patterns in conservation finance, as presented here for Bhutan, can advance conservation science and practice by shedding new light on historical and current conservation priorities and helping inform future allocation.