Abstract: Livestock depredation has become a significant problem across the snow leopard's (Panthera uncia) range in Central Asia, being most severe in and near protected areas. Such predation, especially incidents of “surplus killing,” in which five to 100 or more sheep and goats are lost in a single night, almost inevitably leads herders to retaliate by killing rare or endangered carnivores like snow leopard, wolf, and lynx. Ironically, such loss can be avoided by making the night-time enclosures predator-proof, improving animal husbandry techniques, educating herders on wildlife conservation and the importance of protecting the natural prey base, and by providing economic incentives like handicrafts skills training and marketing, along with carefully planned ecotourism trekking and guiding. The author explores innovative conservation initiatives in the Himalaya (Ladakh and Tibet) and Mongolia, which also build local capacity, self-reliance, and stewardship for nature using Appreciative Participatory Planning and Action, or APPA, techniques. The most sound conservation investments are those contingent upon establishing direct linkages with biodiversity protection, ensuring co-financing and reciprocal responsibility for project activities, encouraging the full participation of all stakeholders, and assuring regular monitoring and evaluation of the village-based agreements (embodied in Action Plans).