World resources 1992-1993 . Oxford University Press. A number of innovative financing schemes have been developed to support biodiversity conservation efforts.
Endowments are another mechanism for providing steady long-term financial support for conservation.
An International Fund for Plant Genetic Resources was started in 1988. An International Fund for the Conservation of Biological Diversity has been proposed as part of a global biodiversity convention. The benefits of ecotourism may be overstated, however. Of what remains, little goes into conserving the biodiversity that makes nature tourism possible. Whether these financial efforts will be sufficient remains to be seen.