The Tourism Conservation Fund (TCF) invests in the communities living adjacent to South Africa’s national parks, private and community conservancies - creating viable local enterprises and training and employment opportunities for poor households and entrepreneurs, who have been historically excluded from commercial opportunities linked to these parks. The Fund is a public-private partnership and operates as both a funder and a development facilitator. It works with existing commercial players who have the experience, networks and commitment to create, replicate and scale commercial partnerships of all kinds with disadvantaged communities close to the wildlife-tourism value chain. Through its investments, the Fund aims to overcome the legacy of exclusion that characterises South Africa’s wildlife–tourism economy. Its investments will directly facilitate, finance and enable the establishment of more inclusive local economies around the country’s parks and protected areas, in which the opportunities and benefits that derive from them are more widely shared. This is a pre-condition for their sustainability. DISCLAIMER The information shared and opinions expressed on the Tourism Conservation Fund’s website and social media channels are those of the Tourism Conservation Fund. They do not necessarily reflect the viewpoints of the Fund’s founding members, funding partners, beneficiaries, or any other entity to which the Fund is, has been, or will be affiliated.