Colombia, WWF and Partners Announce $245M Agreement to Permanently Protect Vital Systems of Nation’s Protected Areas
The Government of Colombia, with a broad coalition of community, public sector, and private sector partners, demonstrated their commitment to long-term conservation in Colombia by signing a joint declaration to launch a new Project Finance for Permanence (PFP) initiative called Heritage Colombia, which secures $245 million USD of public and private finance to permanently protect 32 million hectares of iconic Colombian landscapes and seascapes.
Becht Foundation is part of a group of partners that supports this initiative that will facilitate significant progress toward Colombia’s 30X30 target to protect 30% of its land and 30% of its seas by 2030 and locks in a regional cluster of PFP initiatives that, together, provide permanent protections for approximately 12% of the entire Amazon rainforest. Read the full article