The coalescing of development and conservation has recently given rise to community-based conservation. Under this framework, sustainable livelihood strategies are incorporated into conservation goals on the basis that the integration of local priorities into management guidelines benefits rather than impedes conservation efforts. Consistent with this approach, the Community Nature Reserve of Dindéfélo in Kédougou, Senegal endeavors to protect biodiversity without jeopardizing local people’s reliance on natural resources. In this article we provide evidence that sustainable resource conservation is a very powerful mechanism in redirecting labor and capital away from ecosystem-degrading activities. To do this, we present three examples of projects, aiming to illustrate different ways in which local people’s management and sustainable use of natural resources can be beneficial in terms of biodiversity conservation, socioeconomic development, and human well-being.