SUMMARY OF FINANCE AND RESOURCING
Increased resource development by network offices In 2020, network offices received and managed 34% of the total income directly from our donors. This is slightly lower than in 2019 (42%). This decrease was mainly due to delays of project activities during the Covid-19 pandemic. Projects that are managed through the global office are mostly implemented by our network offices or by affiliated scientific institutions, partners and experts using sub- contracts.
Our sources of income and expenditures across the three streams Across our three streams, Rivers and Lakes accounted for the largest portion of our income at 55%, Coasts and Deltas at 34% and Peatlands contributing 8% of total network income.
This section provides a summary of Wetlands International’s finance and resourcing in 2020. A detailed version can be found in section 1 and 2 (annual accounts) and section 3 of the Annex.
Wetlands International focusses its work where wetlands matter most to both people and nature. Our programmes and initiatives are developed to meet our strategic goals which are set out in our strategic intent and are organised into three streams: Coasts and Deltas, Rivers and Lakes, and Peatlands (see section 3.1 of the Annex for a list of projects). Our programmes are increasingly large-scale and long-term, involving transboundary and international work that involves several offices. The network’s offices (global and sub-regional, national) work together on resource development and an increasing amount of funding is raised by offices other than the global office.
TOTAL PROJECT INCOME NETWORK AND GLOBAL OFF ICE ( FOUNDAT ION)
10 12 14 16 18
0 2 4 6 8
Our sources of income and expenditures across the sectors The major source of income from projects of Wetlands International in 2020 was from government grants, totalling 57%. In 2020, corporate funding (through our Collaboration Agreements) was 8% and 32% came from Trusts, Foundations and Non-Profits. Membership contributions are 3% of the total income. A full list of network projects can be found in section 3.1 of the Annex. This list provides an overview of projects implemented in 2020 per office and includes the stream, the amount funded, the donor and the donor type.
Resourcing the global organisation The main sources of income of Wetlands International for 2020 came from projects as well as important annual contributions from our members. The total network project income is based on data obtained from all offices according to their national finance practices. The total network project income of 2020 amounted to €12,7 million (see Annex section 3.1).
Project Income Network
Project Income Globa l Office
Considerations looking ahead We continue to navigate our way through the Covid-19 pandemic. Many of our projects have suffered delays on the ground due to the pandemic. We are pleased that there has been understanding and flexibility shown by our donors to adapt activities not only during 2020 but also in 2021. Our local and global teams have adapted to this situation swiftly and creatively. We took measures in 2020 to reduce organisational costs as part of our adaptation to the pandemic and the completion of several large, long-term programmes. In 2021, we plan to invest in raising wetlands higher on the global agenda and to improve our network’s institutional capacity and financial resilience. This is possible thanks to two major grants received in 2021 from the Dutch National Postcode Lottery and the COmON Foundation. New partnerships forged in 2020 are starting to accelerate our work on wetland carbon in mangroves and peatland landscapes.
Operational improvements already include a new finance system launched in January that will increase our efficiency and further strengthen our financial management standards. In addition, there is a plan to develop a fundraising team across the offices, to strengthen communications and our influence and to improve knowledge management and learning. By working in strategic alliances towards our big ambitions, we have been able to achieve strong results by combining efforts with key partners on fundraising. However, we continue to be dependent on project funding, and therefore are vulnerable to shifts in donor priorities and increasingly competitive calls for proposals. Our priority is to secure long-term and multi-region programme development. We also continue our efforts to enhance our base of members and supporters, and plan to explore mechanisms which will improve the financial resilience of the Wetlands International network as a whole.
Sources of Income Global Network
Sources of Income Global Network
Sources of Income Global Network
Sources of Income Global Network
3%
3%
3%
3%
8%
8%
34%
34%
32%
32%
Per Donor
Per Donor
Per Stream
Per Stream
Coasts & Deltas
Coasts & Deltas
Corporate
Corporate
55%
55%
Peatlands
Peatlands
Government
Gov r ment
9%
9%
57%
57%
Rivers & Lakes
Rivers & Lakes
Trusts, Foundations & Non-Profits
Trusts, Foundations & N n-Profits
Other
Other
Membership contributions
M mbership con ributions
80
81
Wetlands International Annual Review 2020
Wetlands International Annual Review 2020
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