Our Approach

Each MPA is proposed to be jointly managed with a non-profit, co-management entity through a collaborative management lease agreement signed with each Government.

MPAs: All of the MPAs have been officially designated by governments. They have clear objectives to reduce local threats to vibrant coral reef ecosystems and improve the livelihoods of coastal communities. They are all lacking in basic management and financing.

Agreement: signed between the Government and the non-profit entity. It defines roles, responsibilities and revenue mechanism approaches and is usually proposed for a renewable 10-year period.

Governance: The non-profit co-management entity is formed by a coalition of NGOs, scientific institutions, and community associations which manage the day-to-day operations, with guidance from a multi-stakeholder co-management committee. The relevant ministries will maintain their core functions (regulation of use and zonation, validation of the annual work plans and budgets, enforcement and compliance, management of fishery resources).

Benefits for Government: This arrangement enables the active management of the MPAs with no financial burden or transfer of property. Management further  involves local communities who can access financial and scientific expertise, where required.

Financial aspects: All financial risks are supported by the co-management entity, with no increase in public debt, nor on-public budget allocation. This NGO receives an irrevocable mandate to charge user fees and receives major financing for initial capital expenditures from donors and impact investors.

The NGO is expected to become financially sustainable and generate its own incomes from statutory user fees and innovative tourism models. All profits are reinvested into the co-management body

Key Performance Indicators: The impacts are assessed using specific Key Performance Indicators (KPIs) developed for each site. Environmental and Social Action Plans (ESAP) will be agreed to with the Impact Investors for each site (based on IFC´s Performance Standards).

Positive track record of MPAs under collaborative management worldwide

Although collaborative management is not always feasible or appropriate, there is a growing body of evidence from both marine and terrestrial systems showing that it can redistribute the financial burden on states while facilitating long-term financial and technical support to deliver effective management.

Many protected areas under collaborative management have succeeded in becoming financially sustainable, generating all or most of their revenues through tourism operations, while also demonstrating positive social and ecological impacts.

Learning from these experiences, Blue finance’s objective is to upscale and improve the approach to a large portfolio of MPAs. Our team brings over 2 decades of managing MPAs under collaborative management and financially sustainable.   

Discover a selection of MPAs under collaborative management worldwide  >>