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SUSTAINABLE FINANCING OF MPAs IN THE MEDITERRANEAN: A FINANCIAL ANALYSIS



 COSTS FOR MPA CREATION


 The following information will be used to estimate the cost of establishing your Marine Protected Area.
 The French GEF has proposed a compass card template to monitor three different phases of MPA development (FFEM, 2010). Each
 phase represents stage in the life of the MPA as it moves from preparation of the MPA project  to creation and on towards self-
 sufficient  management  and  performance.  Three  stages  of  development  are  used:  1)  the  creation  phase  (preparation  for  its
 establishment), 2) the pioneer phase (development of the MPA), 3) the self-sufficient or autonomous phase (full performance of the
 MPA in terms of management and financial resources).
 Each phase encompasses activities that have cost implications for the MPA. Your MPA has been identified as being in its pioneer
 31
 phase . It is assumed to have recently completed the main activities of its creation phase. The FFEM compass card template is used
 to estimate the costs for creation of your MPA based on activities associated with its creation phase.



















 First, please indicate if you have incurred costs while undertaking activities under the 16 different items of the creation phase. Then,
 please provide details on the amount of money invested in each activity and its duration.








 31 - MPA in the pioneer phase are assumed to be younger than 6 years, with the year of official designation as the starting point.


 May 2015 – Vertigo Lab, for MedPAN, RAC/SPA and WWF Med.    Page 110
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