Story by Tichaona Kurewa
The 15th Conference of the Parties to the Ramsar Convention on Wetlands (COP15) entered Day 5 this Sunday in Victoria Falls, with the focus shifting to the critical issue of wetland preservation funding.
As the climate crisis deepens, the world’s wetlands, vital ecosystems that regulate water, store carbon, and support biodiversity are under increasing pressure.
Global leaders taking part in the COP15 being held in the Wetland City of Victoria Falls are spotlighting the urgent need for innovative and sustainable funding strategies for wetland conservation.
Experts say funding models must evolve; ranging from municipal budgets to multi-sectoral global partnerships.
An example came from South Korea, where Goyang City demonstrates how blended financing bringing together public, private, and national entities can be used effectively, “Since Goyang was designated a Ramsar Wetland City, it has also gained recognition as an ecological tourist destination. This has raised public awareness and engagement in wetland protection. While the city government leads funding efforts, we also receive support from provincial and national levels. Additionally, private companies contribute financially to help us conserve these vital ecosystems.”
In Zimbabwe, WWF Country Director Itayi Chibaya underscored the importance of a diversified funding approach and believes wetlands can become self-sustaining assets, with the right investments.
“There are various ways to mobilise funding for wetlands. First, public sector donors can collaborate to support conservation. Second, the private sector especially industries that depend on water, like beverages can be key partners. Third, we must engage philanthropists and impact investors. It’s crucial to link these efforts to local livelihoods. For instance, eco-tourism based on wetland preservation can generate income that supports both communities and conservation,” said Chibaya.
From South Korea to Southern Africa, the message is clear: protecting wetlands is not just an environmental obligation, but a strategic investment in our planet’s future.
With cities, corporates and communities working together, a global funding model for wetland conservation may finally be within reach.
