Investment Categories
PACT is undertaking investments in the National Protected Areas System and Sustainable Development of Belize via several categories of investment. These categories: Targeted Investments, Secondary Investments, and Third-Party Investments are described below.
Targeted Investments
These investments support PACT’s efforts in meeting the desired priorities and Conservation Return on Investments (CROIs) defined in PACT’s Conservation Investment Strategies. Targeted Investments are the primary vehicle for advancing PACT’s Primary Funding Priority as stipulated in the PACT Act. Funding also supports activities and initiatives that create enabling conditions, inclusive of staff training and capacity building. These investments are being guided by PACT’s Prioritization Model developed to assess priorities for investments during the implementation of the Conservation Investment Strategy.
Secondary Investments
Funding is being made available via this window to support general PA management and operations of PAs and programmes outside of priority areas and ecosystems of the Conservation Investment Strategy. Support also includes management processes and institutional strengthening tools for Protected Area managers inclusive of the development of Management Plans, Strategic Plans, etc.
Strategic Partnerships & Extraordinary Investments
Funding is also being utilized for the formulation and implementation of partnerships with local or international entities to create enabling conditions for the efficient implementation of the BNPAS. Extraordinary Investments provide financial assistance to eligible organizations, associations and groups for the promotion and protection of natural and/or cultural assets outside the direct scope of protected areas management.
Third-Party Investments
PACT provides investments to local beneficiaries via Third-Party financial resources. The development, screening and management of these investments adheres to specific priorities, policies, ES&G safeguards, etc, as specified by donor organizations. Such investments come in the form of partnerships, co-financiers or via a re-granting process for regional and international financing institutions.