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Exploring the Challenge of Financial...
~
O'Flynn, Louise.
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Exploring the Challenge of Financial Sustainability of the Publicly Managed Terrestrial Protected Area Estate in New South Wales, Australia.
Record Type:
Electronic resources : Monograph/item
Title/Author:
Exploring the Challenge of Financial Sustainability of the Publicly Managed Terrestrial Protected Area Estate in New South Wales, Australia./
Author:
O'Flynn, Louise.
Published:
Ann Arbor : ProQuest Dissertations & Theses, : 2023,
Description:
300 p.
Notes:
Source: Dissertations Abstracts International, Volume: 85-04, Section: B.
Contained By:
Dissertations Abstracts International85-04B.
Subject:
Endangered & extinct species. -
Online resource:
https://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=30668376
ISBN:
9798380491914
Exploring the Challenge of Financial Sustainability of the Publicly Managed Terrestrial Protected Area Estate in New South Wales, Australia.
O'Flynn, Louise.
Exploring the Challenge of Financial Sustainability of the Publicly Managed Terrestrial Protected Area Estate in New South Wales, Australia.
- Ann Arbor : ProQuest Dissertations & Theses, 2023 - 300 p.
Source: Dissertations Abstracts International, Volume: 85-04, Section: B.
Thesis (Ph.D.)--University of Technology Sydney (Australia), 2023.
This item must not be sold to any third party vendors.
The purpose of this qualitative action research study is to explore the challenge of financial sustainability of the publicly managed terrestrial protected area (PA) estate in New South Wales (NSW) under the care and control of the National Parks and Wildlife Service. It also seeksto understand the feasibility of the impact bond as a finance mechanism to complement existing funding sources for terrestrial PAs. Data sources include interviews with PA specialists and impact investment specialists, secondary data analysis, and the research literature. The mechanics of the thesis follow Coghlan and Brannick (2014)'s action research cycle, comprising a pre-step followed by four basic steps: (1) construction, (2) planning action, (3) taking action, and (4) evaluating action. The thesis is designed to encourage collaboration between the researcher and participants throughout the action research cycle.The thesis reveals eight impediments and 13 enabling conditions regarding the financial sustainability of the publicly managed terrestrial PA estate in NSW. Identifying the impediments helpsto understand the current financial situation in NSW, while identifying the enabling conditions assists in visualising what a financially sustainable terrestrial PA estate would look like in NSW. A Theory of Change for the financial sustainability of the PA estate in NSW is developed, distinguishing six interlinked pathways to change: (a) government support; (b) institutional effectiveness; (c) an appropriate business model; (d) strategic planning and innovation; (e) communication and advocacy; and (f) collaboration and partnerships. A red thread that weavesits way through the thesis is the action of diversifying the PA funding portfolio, specifically how the social and environmental impact bonds can help to finance publicly managed terrestrial PAs. The thesis findsthat while the impact bond is not a panacea for the funding needs of PAs, it can be a feasible finance option in certain situations. To this end, a feasibility checklist is developed to assist PA practitioners in determining the suitability of the impact bond to their funding needs.The thesis also presents the practice-oriented theory generated through the action research study, which includes a conceptual framework for the financial sustainability of terrestrial PAs. It is intended that the conceptual framework will help practitioners to define and understand the key concepts relevant to PA financial sustainability and to address the challenge of financial sustainability.While the research study has completed the first action research cycle, the recommendations presented for future research and practical actions offer a framework for the cycles to follow.
ISBN: 9798380491914Subjects--Topical Terms:
3560222
Endangered & extinct species.
Exploring the Challenge of Financial Sustainability of the Publicly Managed Terrestrial Protected Area Estate in New South Wales, Australia.
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The purpose of this qualitative action research study is to explore the challenge of financial sustainability of the publicly managed terrestrial protected area (PA) estate in New South Wales (NSW) under the care and control of the National Parks and Wildlife Service. It also seeksto understand the feasibility of the impact bond as a finance mechanism to complement existing funding sources for terrestrial PAs. Data sources include interviews with PA specialists and impact investment specialists, secondary data analysis, and the research literature. The mechanics of the thesis follow Coghlan and Brannick (2014)'s action research cycle, comprising a pre-step followed by four basic steps: (1) construction, (2) planning action, (3) taking action, and (4) evaluating action. The thesis is designed to encourage collaboration between the researcher and participants throughout the action research cycle.The thesis reveals eight impediments and 13 enabling conditions regarding the financial sustainability of the publicly managed terrestrial PA estate in NSW. Identifying the impediments helpsto understand the current financial situation in NSW, while identifying the enabling conditions assists in visualising what a financially sustainable terrestrial PA estate would look like in NSW. A Theory of Change for the financial sustainability of the PA estate in NSW is developed, distinguishing six interlinked pathways to change: (a) government support; (b) institutional effectiveness; (c) an appropriate business model; (d) strategic planning and innovation; (e) communication and advocacy; and (f) collaboration and partnerships. A red thread that weavesits way through the thesis is the action of diversifying the PA funding portfolio, specifically how the social and environmental impact bonds can help to finance publicly managed terrestrial PAs. The thesis findsthat while the impact bond is not a panacea for the funding needs of PAs, it can be a feasible finance option in certain situations. To this end, a feasibility checklist is developed to assist PA practitioners in determining the suitability of the impact bond to their funding needs.The thesis also presents the practice-oriented theory generated through the action research study, which includes a conceptual framework for the financial sustainability of terrestrial PAs. It is intended that the conceptual framework will help practitioners to define and understand the key concepts relevant to PA financial sustainability and to address the challenge of financial sustainability.While the research study has completed the first action research cycle, the recommendations presented for future research and practical actions offer a framework for the cycles to follow.
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https://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=30668376
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