Bhutan, Tiger Conservation Coalition to raise $1 billion for tiger protection
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The Sustainable Finance for Tiger Landscapes Conference ended positively, a landmark event for global conservation. Her Majesty The Queen of Bhutan inaugurated the conference, championing the initiative to garner increased support for tiger and tiger habitat protection.
During the opening ceremony, Her Majesty emphasized the critical need to safeguard tiger habitats for the planet’s health and stressed the significance of sustainable funding for this endeavor.
“In our commitment to conservation, we must not neglect the realistic and vital need for sustainable funding. All too often, the invaluable work of conservationists is impeded by the unpredictability of financial support. Therefore, the intention of this conference is to raise significant resources through innovative financing mechanisms for tiger landscapes,” Her Majesty said.
Also read: Mongolia signs nature finance deal to preserve grasslands
The conference ended with the Paro Statement, a joint effort by the Royal Government of Bhutan and the Tiger Conservation Coalition. It urges participants to raise an extra $1 billion over the next decade to protect tigers and their habitats.
This funding will help boost the global tiger population, expand their habitats, improve biodiversity, and support local communities living alongside these majestic animals.
Valerie Hickey, Global Director of Environment, Natural Resources and Blue Economy, World Bank said, “We will never have a world without poverty in a world without tigers.”
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