Martinique, Pilot site for innovative marine conservation finance
Things are moving ahead nicely in Martinique with the hiring of a local coordinator in collaboration with the town council and a focus now on small scale stakeholder meetings.
Following preliminary legal studies, The PPP will be conducted through a concession from the public sector (CONVENTION DE CONCESSION D’UTILISATION DU DOMAINE PUBLIC MARITIME EN DEHORS DES PORTS).
During the last L’Initiative Française sur les Récifs Coralliens (IFRECOR) meeting in La Réunion, last September (2016), St. Lucie was chosen as a pilot site for innovative financing mechanisms in marine conservation. The project will form part of the action plan of the new IFRECOR phase (2016-2020)