I have begun my studies of the Biodiversity Finance MOOC and it’s already very interesting! It is very interesting to see how the United Nations Development Programme is responding to the global biodiversity crisis by applying economic leverage. Who wouldn’t invest in a project if the return on investment was 350%? That sort of figure is compelling, yet that accurately represents the value of ecosystem benefits that can be derived from intelligent planning. Read on to see how tiger conservation in India’s 39,000 Ha Rhanthambore National Park is not only completely self-sufficient through eco-tourism, i.e. paying for local rangers’ honoraria and park equipment and infrastructure and livestock compensation for the surrounding farmers, but is also helping to pay for conservation work in other Indian conservation areas! $1 spent is leveraging $273 of ecosystem benefits inside and outside the park .
Read on and be amazed!