Recovery projects for 100 critically endangered and extinct-in-the-wild species across the world are set to receive new funding under a conservation initiative announced Aug. 4. Re:wild and the Bezos Earth Fund, both U.S.-based environmental organizations, created the Phoenix Species Project and committed $100 million each, for a total of $200 million, to the project. The project’s steering committee said each species will likely receive between $500,000 and $1 million for the duration of the five-year project. Among the 100 species are Mexico’s Charco Azul pupfish (Cyprinodon veronicae), which went extinct in the wild in 1997 after its habitat dried up completely due to a devastating drought. Another is Madagascar’s golden-crowned sifaka (Propithecus tattersalli), a critically endangered lemur whose population has declined by roughly 80% amid rampant deforestation. With new funding, local NGOs will work to reconnect the fragmented forests that the lemurs need to survive. A male Charco Azul pupfish. Image courtesy of Barbara Nicca. “We’ve protected the golden-crowned sifaka for years on a budget that would never match what this species deserves, but letting it go extinct was never an option,” Tiana Andriamanana, executive director of Association Fanamby, the Malagasy NGO leading conservation efforts for the lemur, said in a statement. All 100 species, located across 30 countries, have already been chosen, but funding amounts for each have not yet been finalized. They will be determined on a rolling basis as proposals are submitted, the Phoenix Species Project’s steering committee told Mongabay by email. The sifaka and the pupfish…This article was originally published on Mongabay

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