The Practice Standards for Conservation Trust Funds were developed with very high hopes on the part of the community of practice – CTFs, donors, international conservation NGOs, foundations and other non-profit organi- zations, private supporters and committed individuals – that by codifying the way successful CTFs have evolved and the principles they followed, the entire community could benefit.
The Standards clearly state that: their use is voluntary and intended to serve as a tool for improving the design, management, and monitoring and evaluation of CTFs; they can be used, aspired to, or adapted to fit the particular needs of CTFs, donors and a variety of partners who support CTFs technically or financially; they can serve to achieve greater harmonization of international donor rules, standards and policies for CTFs, resulting in lower transaction costs for CTFs.
