In early 2016, a report by firms in the global financial sector estimated that conservation funding worldwide could be grown from its current level of US $52 billion to as much as $400 billion per year. How? Through private investment. If conservation projects could be made profitable — such as by generating revenue from ecotourism or by supporting sustainable resource extraction — nature protection would become attractive to investors. Investors would pay for protected areas, for example, and make their money back (with interest) on the tourism or other revenue-generating activities that occurred there.
MEAM and MPA News
Stephen M. Kohn is Executive Director of the National Whistleblower Center (NWC), a legal advocacy organization. The NWC has spent 30 years supporting whistleblowers, mostly in the banking and securities sector where awareness of the reward system is relatively high. When Kohn realized in 2015 that the whistleblower reward system also existed throughout US environmental law, he decided that a tool that worked successfully in fighting financial crime should be applied just as energetically to fighting wildlife crime.
By Tadzio Bervoets, Nature Foundation St. Maarten (adapted by MPA News)
For a long time there was little government management of the marine environment in the Caribbean island nation of St. Maarten. In 1997, the Nature Foundation St. Maarten was established in order to set up and manage a marine park, under contract from the St. Maarten government. But the proposed park failed to gain political support: the way it was designed, the park would have had significant impacts on the country’s cruise ship industry, dive shop operators, and fishers.
World crosses 5% MPA coverage target
There is perhaps no topic of greater interest to the MPA field than financing. A search through the MPA News archives reveals that over the years we have covered the subject dozens of times — from how to diversify funding streams, to starting successful endowments, to building strong fundraising programs, and much more.
There are some excellent publications available to guide protected areas in developing new revenue streams, including IUCN’s Sustainable Financing of Protected Areas, several reports by the Conservation Finance Alliance, and more. (Following this article, this issue of MPA News contains a library of resources on conservation financing.)
But implementing new revenue strategies based simply on guidelines from a report may not always be easy. This is particularly the case if your management team does not already have a background in business or financing. In this situation, having a partner institution to serve as an experienced guide can be a great help in diversifying revenues successfully.
The first workshop to implement a new tool for conservation — Important Marine Mammal Areas, or IMMAs — was held in Chania, Greece, from 24-28 October. The workshop was organized by the IUCN WCPA-SSC Marine Mammal Protected Areas Task Force, which devised IMMAs to represent the priority sites for marine mammal conservation worldwide.
Although IMMAs are not necessarily protected areas, they could inform a variety of conservation outcomes, including the siting of MPAs, creation of directives on shipping or underwater noise, and increased monitoring.
By Angelique M. Songco, Tubbataha Reefs Natural Park (adapted by MPA News)
The Tubbataha Reefs Natural Park (TRNP) Act showcases the successful management of a remote no-take reserve in the Philippines. The formulation of policies for TRNP involved multiple consultations with a cross-section of society, from village to national level. The consultative process ensured that the impacted communities and stakeholders were able to shape the contours of the law, thereby embedding fairness in rule-making and inspiring voluntary compliance.
Mexico designates three marine biosphere reserves
On 5 December the Mexican Government designated three new marine biosphere reserves totaling more than 647,000 km2. All three sites are multiple-use, with some zones that are strictly protected and others that are sustainably managed: