Sustainable Finance for Tiger Landscapes – Careers Ready


Reference

Bhutan Government Earth Day, 2024 occasions But 'Sustainable Finance for Tiger Landscapes Conference Is organizing.

related facts

  • The event is co-organized by the Government of Bhutan and the Tiger Conservation Alliance.
  • Objective: To raise $1 billion over 10 years to protect tigers and their habitats in Asia.

About Tiger Conservation Coalition

  • Approach: To maintain sustainable and prosperous populations of wild tigers in protected habitats.
    • To protect tiger populations and their habitats for future generations.
  • Member NGOs: The alliance includes 10 organizations like EIA, FFI, IUCN, Panthera and WWF.

Role of Global Environment Facility (GEF) in tiger conservation

  • Since 2010, the GEF has contributed more than $197 million directly and mobilized an additional $880 million in co-financing for tiger conservation.
    • They also aim to mobilize sustainable financing for biodiversity conservation and utilization.

Tiger

  • Tigers are the largest wild cat species in the world.
  • scientific name: Panthera Tigris
  • conservation status
    • IUCN Red List: Endangered
    • Indian Wildlife Protection Act, 1972: Schedule I
    • CITES: Appendix I
  • Significance: They are the top predators in the food pyramid and play an important role in maintaining healthy ecosystems.
  • Accommodation: Tigers require vast areas with diverse habitats.
    • To provide habitat for tigers, these areas should be free from human disturbance and rich in herbivores.
    • These areas, which are 'tiger landscape' It is said that biodiversity is important for the well-being of the human communities living nearby.
  • Number change: Year In 2022, the International Union for Conservation of Nature announced that the global tiger population has stabilized or possibly increased.

Indian government's initiative for tiger conservation

  • Project Tiger: This project was started in the year 1973. Its main objective was to conserve Bengal Tigers.
  • National Tiger Conservation Authority (NTCA): It is a statutory body under the Ministry of Environment, Forest and Climate Change.
    • It was established in the year 2005.
    • This body is responsible for taking protective measures for tigers.
    • It also ensures less dependence of local communities on tiger reserves.
    • NTCA 'Project Tiger' Is responsible for implementing.
  • Wildlife Conservation Society of India: This society was founded in the year 1994 by Belinda Wright.
    • The organization works with government law enforcement agencies across India to capture tiger poachers and those involved in the trade in tiger parts.

  • Increase in numbers: Data have indicated a potential 40% increase in tiger numbers, from 3,200 in 2015 to 4,500 in 2022, despite serious threats.

Impact of Bhutan's financing initiative for tiger conservation

  • Securing long-term conservation efforts: The $1 billion target will provide a stable financial base for tiger conservation programs over the next decade.
    • This allows for continued poaching, habitat restoration initiatives and research on tiger populations and threats.

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