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SUSTAINABLE FINANCING OF MPAs IN THE MEDITERRANEAN: A FINANCIAL ANALYSIS

Associated Level of completion
Activities expenses
0% 33% 66%

Identification of zones of ecological interest €35,000
Identification of stakeholders affected by the MPA 0
Stakeholder participation process €5,000
Natural resources baseline report €50,000
Socio-economic baseline report €20,000
Identification of the protected area perimeter 0
Identification of zoning €10,000

Identification of management rules per zone €23,000
Identification of alternative livelihood projects 0
Identification of benefit-sharing rules 0
Ownership of the project by beneficiaries €5,000
Ownership of the project by the authorities €5,000
Creation of the management body 0
Creation of the management committee 0
Official declaration of MPA creation 0

Table 12: Example of costs associated with implementation of creation phase activities

Costs associated with these creation activities were reported by MPAs managers. Results
are presented in table 13 below.

Values converted into Euros PPP-adjusted values

Average total creation Average total creation Average total creation Average total creation
costs costs costs costs
2
2
(in euros) (in euros per km ) (in euros) (in euros per km )
34 433 (4) 119 (4) 42 646 (4) 188 (4)

Table 13: Average creation costs for sampled MPAs

For the studied MPAs, estimated creation costs ranged from €29,930 to €50,075 in total
(PPP-adjusted values) (median, €45,290). These values correspond to complete
implementation of all creation activities listed above.
The average total cost of creation of a Mediterranean MPA is €42,600.
Estimated creation costs presents a high correlation with the starting date of the MPA
creation project (correlation coefficient, r=-0,80): the longer the activities, the higher the
investment costs.
Conversely, a low correlation was found between the costs for MPAs creation and the size of
the MPAs (correlation coefficient, r= -0.34). These results, though insufficiently backed by a
very small sample, nevertheless confirm the initial choice not to use the McCrea-Strub
equation for creation cost estimates.

May 2015 – Vertigo Lab, for MedPAN, RAC/SPA and WWF Med. Page 53