UPDATE: In 2015, The Alibaba Foundation completed its donation of $5 million to the Conservancy in support of the China Global Conservation Fund (CGCF), which was offered as a matching challenge grant.
And, in November 2015, the CGCF committee awarded a new round of seven grants totaling $3.5 million. From reducing air pollution in the world’s biggest cities to encouraging green growth in one of the world’s newest democracies, these grants are helping the Conservancy to solve some of the globe’s most pressing conservation challenges.
In 2011, The Nature Conservancy’s China Board of Trustees took a huge step toward expanding the base of support for global conservation work by establishing the China Global Conservation Fund.
As its name suggests, the CGCF is a fund for international conservation projects conceived by members of the China Board of Trustees and supported by a wide range of globally minded philanthropic investors, including Conservancy board member, China board chair and Alibaba founder Jack Ma.
Mr. Fanzhi Zeng, a China board member and a celebrated artist, donated the auction proceeds of his painting "Leopard" and provided the seed fund to the CGCF.
Here’s how the CGCF works:
- The fund has an initial goal of raising $15 million from Chinese and American donors to support the Conservancy's most important work around the world, and is specifically for work outside of China.
- This is a model of One Conservancy thinking, with a relatively new country program supporting our work far beyond its own borders.
Since 2011, CGCF has helped support 21 Conservancy projects across Africa, the Americas and Asia Pacific. View a slideshow of the projects that CGCF has helped fund.
The Conservancy’s Chinese Board of Trustees recognizes that Chinese economic activity, like that of other industrialized countries, is having an impact on critically important lands and waters in Africa, Asia and the Americas. Board members and other Chinese philanthropists are concerned about this impact and are deeply interested in joining philanthropists in other countries in helping to conserve these lands and waters. The China Board also established the CGCF as an invitation for others to join them in both raising the donations for the fund as well as engaging in the decision-making process to disburse the funds to Conservancy programs around the world.