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SUSTAINABLE FINANCING OF MPAs IN THE MEDITERRANEAN: A FINANCIAL ANALYSIS



                                                               GEF-6 allocated to
                                              Country             biodiversity
                                                                     (US$)
                                              Albania              1,500,000
                                              Algeria              4,090,000
                                               Egypt               4,450,000
                                              Lebanon              1,500,000
                                               Libya               1,500,000
                                            Montenegro             1,500,000
                                              Morocco              4,900,000
                                              Tunisia              1,500,000
                                              Turkey               7,140,000
                                               Total               28,080,000

                                           Table 25: GEF-6 allocation to biodiversity
                                                 (Source: GEF-6 Stars allocation)

               For  the  purpose  of  resource  projections  from  the  LIFE  program,  the  remaining  financial
               resources from the EU LIFE program were taken into consideration. In addition to that, it was
               assumed that investments from LIFE will remain at the same level as in the previous period
               (2010-2014),  which  represents  €37M.  These  resources  were  projected  over  the  period
               (2014-2020).  This  assumption  is  motivated  by  the  fact  that  member  States  have  already
               engaged in the process of requesting financial resources from the EU, which may increase
               the  remaining  financial  resources  from  LIFE.  Marine  Protected  Areas  may  get  resources
               from the LIFE program as well as from the European Maritime and Fisheries Fund. The latter
               is  not  commonly  used  to  promote  marine  Natura  2000  but  has  huge  potential  for  the
               monitoring, restoration and management of Marine Protected Areas.
               As a result, the assessment up to 2020 for non-EU countries shows continued flow, but with
               a  downward  trend,  of  remaining  financial  international  resources,  mainly  due  to  the
               availability  of  resources  for  existing  projects  in  Albania,  Egypt  and  Tunisia.  International
               funding  is  greater  than  the  resources  from  central  budgets  for  the  first  three  years  of
               projections.  The  trend  is  reversed  from  2016  onwards.  Total  remaining  funding  from
               international cooperation could increase once projected investments from GEF-6 are taken
               into account, which would increase resource mobilisation.
               The assessment up to 2020 for EU member states shows the same descending trend as for
               the resources from the EU LIFE program. This is due to the project cycle of LIFE programs
               that  comes  to the  end  by  2019. Over  the  period  2014-2020,  the  central budgets  curve  is
               greatly  superior  to  the  contribution  from  EU funding.  The  total  central  budget  contribution
               amounts  to  €333,233,264,  while  the  total  contribution  of  LIFE  projects  amounts  to
               €21,465,665.
               This assessment should be taken as a proxy of the actual financial resources available at
               the  national  level.  The  assumption  of  constant  levels  of  central  budgets  is  a  reliable
               assumption  due  to  past  trends  in  national expenditures  in  the  region;  the assessment for
               resources mobilised through international cooperation needs more in-depth analysis. Indeed,
               only financial commitments were taken into consideration, which assumes that countries are
               in a position to undertake activities in the expected timing of the financial programming for
               disbursements. The funding trend may change, as some countries are committed to applying





               May 2015 – Vertigo Lab, for MedPAN, RAC/SPA and WWF Med.                             Page 81
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