CCFN to reduce external donor dependence
CCFN to reduce external donor dependence

CCFN to reduce external donor dependence

A new fund has been established to reduce the dependence of Namibia's community-based tourism sector on foreign donor funding.
Ellanie Smit
The Community Conservation Fund of Namibia (CCFN), launched last week, will take Namibia's flagship conservation programme to the next level.

The creation of this fund is aimed at reducing the community-based natural resources management (CBNRM) sector's dependence on external donor funding.

According to a joint statement issued by CCFN, it takes into account the fact that Namibia has been designated as a medium-income country, which has resulted in some donors withdrawing from the country.

“As a result, funding partners for the CBNRM programme have over the last few years declined, making the programme vulnerable to collapse should such funding sources end.”

The statement says the organisation was therefore established as a sustainable funding mechanism to ease the problem of limited funding, creating a sustainable finance framework for a suite of important long-term support services to conservancies and community forests.

Funding windows of the CCFN would be the Minimum Support Packages (MSP) which aim to provide critical support services throughout the lifespan of the individual conservancies, the Payments For Eco-Systems, which would reward custodians who take care of the environment, as well as the Human-Wildlife Conflict, which promotes sustainable co-existence between humans and wildlife.

In his overview of the operations of the CCFN, the organisation's CEO, Tapiwa Makiwa, emphasised the importance of capitalising the CCFN Endowment Fund from all sources as this creates the much-needed basis of a readily available pot of funds that can be wisely invested and used according to the needs of the programme into perpetuity.



Investment strategy

He said the CCFN had equipped itself with a sound investment strategy and a team of experts from local and international investment firms that would ensure that the Fund is a success.

As part of CCFN's Human-Wildlife Conflict funding window, the German government via the KfW Development Bank announced the inception of a N$ 72.5 million grant for human-wildlife conflict, specifically targeted at communal conservancies in Namibia.

The Namibian government through the environment ministry, CCFN and other partners has also committed various contributions to ensure that the project is a success.

Environment minister Pohamba Shifeta said at the launch that the Fund creates an enabling platform which enables fellow Namibians to collectively bring together resources and contribute to their own cause and invest in the future of generations to come.

“I would also like to challenge the local Namibian population and corporates to play their part in these common endeavours. A well-balanced ecosystem coupled with rural development is a benefit to all Namibians.

He appealed to potential contributors to follow the example set by the German government in supporting the CCFN, its work and the conservation drive of Namibia.

Human-wildlife conflict escalates

Shifeta further urged all local and foreign interested parties to consider supporting the capitalisation of the Endowment Fund so as to entrench the CBNRM Programme's sustainability and preserve its success.

He said statistics show that Namibia has seen an increase in human-wildlife conflict incidents over the last few years due to various factors, drought being one of them.

According to Shifeta the first active project that the CCFN will embark on is designed to address this very challenge.

He also urged the institution and its management to strongly guard against any malpractices and actively subscribe to the core values identified within the founding documents of the entity, which are transparency and integrity.

“We have no doubt in the ethics of the board and management selected. However, as the responsible line ministry let me assure you that we will be watching and we want to see the impact the fund will make to improvement of community livelihoods and no personal gains.”

The German ambassador to Namibia, Herbert Beck, said Namibia is one of the leading countries in Africa when it comes to the management of its natural resources.

“While it is a pleasure to take the lead in supporting this new funding instrument of the CCFN, it is evident that more money is needed in order to ensure the long-term sustainability of the fund and the programmes it supports. I therefore take this opportunity today to encourage other bilateral and multilateral partners as well as the private sector to invest in Namibia's community conservation by supporting the CCFN.”



Beneficiaries

The project is expected to run four years and the targeted beneficiaries are the registered communal conservancies mainly in central, west, east and northern Namibia, Kyaramacan Association and their members, who are negatively impacted by HWC caused by key species such as lion, elephant, hyena, wild dog and crocodile.

The total number of conservancies is expected to reach a ceiling of approximately 90 to 100 within the next three to four years, while more and more of the currently registered conservancies are reaching levels of financial sustainability as their wildlife populations recover and partnerships with private sector prosper, according to the statement.

ELLANIE SMIT

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Namibian Sun 2024-03-28

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Katima Mulilo: 19° | 37° Rundu: 17° | 33° Eenhana: 18° | 33° Oshakati: 20° | 31° Ruacana: 19° | 33° Tsumeb: 17° | 29° Otjiwarongo: 16° | 28° Omaruru: 18° | 31° Windhoek: 17° | 28° Gobabis: 17° | 28° Henties Bay: 16° | 19° Wind speed: 24km/h, Wind direction: S, Low tide: 10:54, High tide: 04:57, Low Tide: 22:58, High tide: 17:16 Swakopmund: 15° | 17° Wind speed: 29km/h, Wind direction: SW, Low tide: 10:52, High tide: 04:55, Low Tide: 22:56, High tide: 17:14 Walvis Bay: 16° | 22° Wind speed: 33km/h, Wind direction: SW, Low tide: 10:52, High tide: 04:54, Low Tide: 22:56, High tide: 17:13 Rehoboth: 18° | 29° Mariental: 22° | 32° Keetmanshoop: 21° | 34° Aranos: 21° | 31° Lüderitz: 15° | 29° Ariamsvlei: 23° | 34° Oranjemund: 15° | 21° Luanda: 27° | 30° Gaborone: 20° | 32° Lubumbashi: 17° | 24° Mbabane: 15° | 23° Maseru: 12° | 28° Antananarivo: 16° | 27° Lilongwe: 17° | 29° Maputo: 20° | 28° Windhoek: 17° | 28° Cape Town: 17° | 23° Durban: 21° | 25° Johannesburg: 18° | 28° Dar es Salaam: 26° | 32° Lusaka: 18° | 30° Harare: 15° | 31° Currency: GBP to NAD 23.96 | EUR to NAD 20.53 | CNY to NAD 2.63 | USD to NAD 19.03 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.33 | EGP to NAD 0.39 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.74 | ZWL to NAD 0.04 | BRL to NAD 3.8 | RUB to NAD 0.2 | INR to NAD 0.23 | USD to DZD 134.35 | USD to AOA 832.63 | USD to BWP 13.71 | USD to EGP 47.3 | USD to KES 130.98 | USD to NGN 1415.13 | USD to ZAR 19.02 | USD to ZMW 24.97 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 73909.5 Up +0.41% | Namibian Stock Exchange (NSX) Overall Index 1516.02 Down -0.13% | Casablanca Stock Exchange (CSE) MASI 12981.98 Up +0.34% | Egyptian Exchange (EGX) 30 Index 28224.37 Down -2.87% | Botswana Stock Exchange (BSE) DCI Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 212.07/OZ UP +0.97% | Copper US$ 3.98/lb DOWN -0.0008 | Zinc US$ 2 446.40/T DOWN -0.41% | Brent Crude Oil US$ 86.78/BBP UP +0.45% | Platinum US$ 898.23/OZ UP +0.37% Sport results: Weather: Katima Mulilo: 19° | 37° Rundu: 17° | 33° Eenhana: 18° | 33° Oshakati: 20° | 31° Ruacana: 19° | 33° Tsumeb: 17° | 29° Otjiwarongo: 16° | 28° Omaruru: 18° | 31° Windhoek: 17° | 28° Gobabis: 17° | 28° Henties Bay: 16° | 19° Wind speed: 24km/h, Wind direction: S, Low tide: 10:54, High tide: 04:57, Low Tide: 22:58, High tide: 17:16 Swakopmund: 15° | 17° Wind speed: 29km/h, Wind direction: SW, Low tide: 10:52, High tide: 04:55, Low Tide: 22:56, High tide: 17:14 Walvis Bay: 16° | 22° Wind speed: 33km/h, Wind direction: SW, Low tide: 10:52, High tide: 04:54, Low Tide: 22:56, High tide: 17:13 Rehoboth: 18° | 29° Mariental: 22° | 32° Keetmanshoop: 21° | 34° Aranos: 21° | 31° Lüderitz: 15° | 29° Ariamsvlei: 23° | 34° Oranjemund: 15° | 21° Luanda: 27° | 30° Gaborone: 20° | 32° Lubumbashi: 17° | 24° Mbabane: 15° | 23° Maseru: 12° | 28° Antananarivo: 16° | 27° Lilongwe: 17° | 29° Maputo: 20° | 28° Windhoek: 17° | 28° Cape Town: 17° | 23° Durban: 21° | 25° Johannesburg: 18° | 28° Dar es Salaam: 26° | 32° Lusaka: 18° | 30° Harare: 15° | 31° Economic Indicators: Currency: GBP to NAD 23.96 | EUR to NAD 20.53 | CNY to NAD 2.63 | USD to NAD 19.03 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.33 | EGP to NAD 0.39 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.74 | ZWL to NAD 0.04 | BRL to NAD 3.8 | RUB to NAD 0.2 | INR to NAD 0.23 | USD to DZD 134.35 | USD to AOA 832.63 | USD to BWP 13.71 | USD to EGP 47.3 | USD to KES 130.98 | USD to NGN 1415.13 | USD to ZAR 19.02 | USD to ZMW 24.97 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 73909.5 Up +0.41% | Namibian Stock Exchange (NSX) Overall Index 1516.02 Down -0.13% | Casablanca Stock Exchange (CSE) MASI 12981.98 Up +0.34% | Egyptian Exchange (EGX) 30 Index 28224.37 Down -2.87% | Botswana Stock Exchange (BSE) DCI Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 212.07/OZ UP +0.97% | Copper US$ 3.98/lb DOWN -0.0008 | Zinc US$ 2 446.40/T DOWN -0.41% | Brent Crude Oil US$ 86.78/BBP UP +0.45% | Platinum US$ 898.23/OZ UP +0.37%