Conserving biodiversity in Chiapas natural protected areas through an innovative financial mechanism

Conserving biodiversity in Chiapas natural protected areas through an innovative financial mechanism

Conservation of natural resources in Mexico is a great challenge, especially since the budget of the National Commission of Natural Protected Areas is reduced every year. This is where finance from private sources becomes crucial for the effective management and operation of protected areas.

This is why El Triunfo Conservation Fund (FONCET) was created: a financial mechanism to support El Triunfo Biosphere Reserve, one of the most important protected areas in Mexico.

FONCET was planned with a strong local participation on mind, and to this date is one of its main characteristics. Local citizens really committed with Chiapas’ conservation are part of the board and the financial committee, which have made possible strategic alliances that allow new ways of financing.

Its efficient way of work drew attention of other protected areas that requested support to finance conservation actions. This way FONCET became a regional fund, currently supporting 5 natural protected areas in Chiapas.