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SUSTAINABLE FINANCING OF MPAs IN THE MEDITERRANEAN: A FINANCIAL ANALYSIS
Figure 4: Structure of the local budget analysis questionnaire
Part 1 of the questionnaire thus requires financial data to determine the operating costs (as
detailed in Figure 5) and revenues for existing MPAs during the current year (2014). Also,
assessment of the main past investments provides an approximation of costs for creating the
MPA. In the financial analysis, only direct costs were considered, i.e. costs directly incurred
by managers. Part 1 thus provides a quantitative analysis of creation and operating costs for
existing MPAs.
Figure 5: Typology of costs
(Source: Bovarnick et al., 2010)
May 2015 – Vertigo Lab, for MedPAN, RAC/SPA and WWF Med. Page 26
