Decentralised Autonomous Organisations (DAOs)

Decentralised Autonomous Organisations or DAOs enable decentralised governance in conservation by allowing stakeholders to collectively manage funding and decision-making through blockchain-based voting. These organisations improve transparency and reduce administrative bottlenecks, ensuring resources are distributed fairly. By giving local communities a direct voice in conservation decisions, DAOs empower those closest to conservation challenges, ensuring local knowledge guides resource management. They also enhance financial sustainability by enabling self-sustaining funding pools that support long-term conservation efforts without reliance on external donors. DAOs also support collaboration and communication by creating transparent decision-making structures that include multiple stakeholders, ensuring collective accountability. Additionally, tokenised assets within DAOs allow local communities to hold direct stakes in conservation projects, ensuring that they benefit financially from biodiversity conservation and sustainable land management. However, challenges include ensuring broad participation, preventing governance manipulation, maintaining efficiency in decision-making, and addressing legal recognition of DAOs as formal entities within regulatory frameworks. When structured well, DAOs provide an equitable way to manage conservation resources while building trust and accountability.

Discover how your organisation could explore decentralised governance models such as DAOs to support inclusive decision-making and drive positive conservation impact through the Navigating Web 3.0 Guide for conservationists.

Targets & Actions

This technology can support the implementation of targets 9, 19, and 22

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Target 19 - Mobilize $200 Billion per Year for Biodiversity From all Sources, Including $30 Billion Through International Finance

Substantially and progressively increase the level of financial resources from all sources, in an effective, timely and easily accessible manner, including domestic, international, public and private resources, in accordance with Article 20 of the Convention, to implement national biodiversity strategies and action plans, by 2030 mobilizing at least 200 billion United States dollars per year, including by: (a) Increasing total biodiversity related international financial resources from developed countries, including official development assistance, and from countries that voluntarily assume obligations of developed country Parties, to developing countries, in particular the least developed countries and small island developing States, as well as countries with economies in transition, to at least US$ 20 billion per year by 2025, and to at least US$ 30 billion per year by 2030; (b) Significantly increasing domestic resource mobilization, facilitated by the preparation and implementation of national biodiversity finance plans or similar instruments according to national needs, priorities and circumstances; (c) Leveraging private finance, promoting blended finance, implementing strategies for raising new and additional resources, and encouraging the private sector to invest in biodiversity, including through impact funds and other instruments; (d) Stimulating innovative schemes such as payment for ecosystem services, green bonds, biodiversity offsets and credits, benefit-sharing mechanisms, with environmental and social safeguards; (e) Optimizing co-benefits and synergies of finance targeting the biodiversity and climate crises; (f) Enhancing the role of collective actions, including by indigenous peoples and local communities, Mother Earth centric actions2 and non-market- based approaches including community based natural resource management and civil society cooperation and solidarity aimed at the conservation of biodiversity; (g) Enhancing the effectiveness, efficiency and transparency of resource provision and use.