The Uganda Biodiversity Fund (UBF) is a national independent conservation trust fund incorporated in Uganda under the terms of the Trustees Incorporation Act. UBF is governed by a board of trustees, supported by a management team headed by an Executive Director. It is currently based in Kampala, Uganda, and aims to be the leading grant making institution in Uganda that awards grants to support national and community-based institutions, and individuals involved in protecting and conserving Uganda’s rich biodiversity.
The goal is to mobilize sustainable monetary resources to bridge the financing gap currently standing at $80 million per year, according to Uganda’s National Environmental Management Authority (NEMA), to help government and local institutions, and individuals to keep biodiversity, nature, and generally the environment secure – conservation builds wealth and security! However, for the period between 2017 to 2022, our target is to realize $10 million in form of endowment and sinking funds to support biodiversity conservation projects worth $ 3.5 million.
Why does Uganda’s biodiversity matter?
In a country where human life is tied so closely to the earth, biodiversity conservation in Uganda is critical to ensure sustainable livelihoods of our people. Biodiversity is the foundation of ecosystem services, linked intimately with our every day lives.
Much like many other East African countries, Uganda is a country devoted to and dependent on its agricultural productivity and outputs. With the many imminent threats being made daily to our environment, the protection of these areas is our main priority. Without our biodiversity, we lose the many services we gain from the earth on which we live.
We are proud to be an organization devoted to protecting Uganda’s biodiversity and working alongside local, national and international partners to ensure its sustainability – for now and the future.
We seek to maximize the funds available for biodiversity in Uganda with utmost integrity and professionalism, adeptness, and skill, by possessing among other attributes, rigorously transparent and accountable financial mechanisms, for managing funds, endowments and investment pools and engaging with a maximal range of funders and investors.
After years of successful niche environmental funds in Uganda, local, national and international stakeholders agreed that a unified, national platform needed to be created to address the gap in conservation financing within the country. The Uganda Biodiversity Fund (UBF) was created as the entity to mobilize financial resources for Biodiversity Conservation in Uganda.
While Uganda has many functioning and successful trust funds within its borders, no trust existed as a base for long term financing of biodiversity conservation projects nationwide. USAID was one of the institutions that recognized this gap and alongside The Wildlife Conservation Society (WCS) they gauged interest from other major stakeholders in Uganda to see how best to create and implement a national trust fund. After months of deliberations and planning, the UBF was registered in August 2016 under the Trustees Incorporation Act of 1939, Chapter 165.
UBF mobilizes funds for grants and other forms of support for the implementation of initiatives to conserve biodiversity.