The-Source-Annual-Review-2023

SUMMARY OF FINANCE AND RESOURCING

SOURCE OF INCOME GLOBAL NETWORK

5%

This is a summary of Wetlands International’s finances and resourcing in 2023. Detailed versions of the Annual Accounts of the Global Office can be found in Annex 1 &2 and the full Wetlands International Project List in Annex 3.. Income and expenditures across our network The total network project income was €22.4 million in 2023. In 2023, network offices received and managed 34% of total income directly from our donors. This is higher than in 2022 (28%), mainly thanks to larger programmes now being led by country or regional offices directly. Projects managed through the Global Office are mostly implemented by our network offices or by affiliated scientific institutions, partners and experts. The main source of income in 2023 was from foundations, trusts and other non-profits at 56% (compared to 50% last year). Income from government grants made up a relatively smaller proportion at 36% this year (compared to 43% last year). In addition, 7% (5% last year) came from corporate funding through our collaboration agreements. Membership contributions declined from 2% in in 2022 towards 1%

of total income in 2023. These contributions remain an important support for strategic investments such as enabling our waterbird monitoring work. A full list of our projects can be found in the Annex, section 4. This list provides an overview of projects implemented in 2023 by office and includes the stream, amount funded, donor and donor type. Across our three streams, Coasts and Deltas accounted for the largest portion of our income at 56% (last year 50%). Rivers and Lakes totalled 39% compared to 43% last year due to two large programmes coming to an end, and Peatlands contributed 5% (down from 8%, mainly due to one large programme ending). Looking ahead To realise our ambitions, we need to further invest in strengthening our organisation. We appeal to our donors to partner with us in this journey and unlock the full potential of the world’s wetlands in tackling the climate and biodiversity emergencies. By strengthening our capacity to deliver our mission, these investments will have a huge multiplier effect. It will enable us to grow our influence and impact and leverage new financing and partnerships for wetland conservation and restoration, generating massive benefits for people, nature and the climate.

PER STREAM

PER DONOR

56%

36%

56%

39%

7% CORPORATE 36% GOVERNMENT INSTITUTION 56% TRUST, FOUNDATIONS & NON-PROFIT 1% MEMBERSHIP

56% COASTS & DELTAS 5% PEATLANDS 39% RIVERS & LAKES

TOTAL INCOME NETWORK AND GLOBAL OFFICE

2015 2016

2017

2018

2019

2010

2021 2022 2023 BUDGET 2024

PROJECT INCOME GLOBAL OFFICE PROJECT INCOME NETWORK

32

33

Wetlands International Annual Review 2023

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