In the financial world, investors respond quickly to promising opportunities that arise one day but may vanish the next. In conservation, opportunities to purchase important lands -- and hence save rare and endangered species -- may arise abruptly and require an immediate financial commitment to compete with commercial interests. Often, the chance to complete a critical land purchase is lost because of the slow pace of arranging conservation investments. The Quick Response Fund for Nature (QRFN) – launched in partnership with One Earth and RESOLVE – is providing a solution-oriented approach towards saving the world’s most important sites.
QRFN is a rapid response mechanism that matches scientific expertise, funds, and urgent needs with a speed unparalleled in the funding community. The goal is to ensure that any globally significant land deal – one that protects one of the last homes for rare and endangered species – has access to the necessary funds. Importantly, applications are accepted at any time, and the turn-around from proposal to decision averages one week. While the funds that go to any one project are rarely large enough to complete a transaction, QRFN seeks to provide a funding amount that can secure the property, show commitment and investment so that the conservation buyer has the ability to make a down payment, and hold the property while remaining funds are raised.
The scientific expertise draws from an Advisory Council of fifty-five top global biodiversity specialists who serve on the review panel. A key criterion in award selection is how the investment will help avoid extinction for rare species. The QRFN Advisory Panel work on an all-volunteer basis, ensuring that all donations go to funding land acquisition.