The role of endowment funds in preserving Madagascar’s biodiversity

Madagascar’s biodiversity is among the richest and most endangered in the world. More than 80% of the island’s species are endemic, giving the country a unique responsibility on the global stage. Yet the challenges are immense: deforestation, illegal resource exploitation, climate change, and economic pressures on local communities. In the face of these threats, a central question arises: how can we ensure sustainable funding for conservation? This is where biodiversity endowment funds come in — an innovative mechanism that guarantees stable, long-term financial resources to support ecosystem protection. These income streams support the annual funding of protected areas. In Madagascar, Madagascar Protected Areas and Biodiversity Fund (FAPBM) perfectly illustrates the relevance of this model, positioning itself as one of the most robust players on the African continent. Understanding how an endowment fund works An endowment fund is capital invested in financial markets, with only the annual returns used to fund …

How FAPBM supports protected areas through its strategic partnerships

Since its creation in 2005, Madagascar Protected Areas and Biodiversity Fund (FAPBM) has made partnership a fundamental pillar of its action. With USD 157 million in capital and financial support for 75 protected areas across the country, the Foundation could not achieve these results without a solid network of institutional, technical, and community partners. In a context where environmental challenges exceed the capacity of any single actor, FAPBM has developed a collaborative approach that harnesses the strengths of each stakeholder toward a common goal: sustainably protecting Madagascar’s unique natural heritage. A partnership model for conservation FAPBM does not directly manage protected areas. Its role is that of a financial catalyst, connecting available resources with field needs. This strategic positioning requires working hand in hand with a diverse range of actors: international donors, Malagasy ministries, conservation NGOs, protected area managers, and local communities. This partnership architecture rests on a simple principle: …

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