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SUSTAINABLE FINANCING OF MPAs IN THE MEDITERRANEAN: A FINANCIAL ANALYSIS

Moreover, in 2012, MedPAN and RAC/SPA launched a survey to collect information on the
level of achievement of CBD objectives for the MPA network in the Mediterranean. This
survey concluded that:

 The CBD target of protection of at least 10% of marine and coastal areas is far from
being achieved in the Mediterranean. In 2012, the coverage rate was about 4.6% of
the Mediterranean including Pelagos (up 7% from 2008) but only 1.1% excluding
Pelagos (Gabrié et al., 2012);
 MPA management is still inadequate due to the lack of financial resources to meet
needs for staff training, equipment, governance, etc., which are the basics for
ensuring efficient management of MPAs.

2.2 Objectives of the study

In view to providing further assistance to MPA managers with regard to achieving effective
management and mobilising sufficient resources to cover necessary costs, MedPAN and
RAC/SPA in collaboration with WWF Mediterranean commissioned a study on the financing
needs and financing mechanisms for Marine Protected Areas in the Mediterranean Sea.
Vertigo Lab, a consultancy specialised in environmental economics, undertook this study
which aimed: i) to estimate the financing gaps for effective management of MPAs in the
Mediterranean Sea, ii) to prepare a practical guide for managers on sustainable financing for
MPAs and iii) to organise training for local managers and national authorities on the
sustainable financing of MPAs.
The present report includes the result of the analysis of financing gaps for effective
management of MPAs in the Mediterranean based on a survey on the operating and
investment costs of 15 MPAs and the creation costs of 5 MPAs in the 21 Mediterranean
countries of the basin.

May 2015 – Vertigo Lab, for MedPAN, RAC/SPA and WWF Med. Page 22