Participation in the Nature Conservation Foundation (FAPBM)

active

The FC module contributes to the DC program Environmental Policy, Protection and Sustainable Use of Natural Resources in Madagascar, the aim of which is to expand the protection and sustainable, climate-resilient use of natural resources. The task of the nature conservation foundation Fondation pour les Aires Protégées et la Biodiversité de Madagascar (FAPBM) is to support the conservation of biological diversity in Madagascar by promoting and financing the expansion, establishment, protection and improvement of protected areas. The financial contributions to the FAPBM are intended to make a contribution to the sustainable financial security of the Madagascan protected area system (SAPM) and to the protection of Madagascar's sensitive ecosystems (DC module objective). As part of the FC module, EUR 30.6 million are to be paid into the foundation's capital. This increase in capital enables the FAPBM to generate higher returns on the capital and accordingly pay out higher amounts to the SAPM protected areas. The payments are intended to improve the financing of Madagascar National Parks (MNP) and the Nouvelles Aires Protégées (NAP). At the same time, the FC payments serve as a catalyst for further capital contributions from other donors in order to increase the international credibility of the FAPBM. Ultimately, the renewed FC contribution has the potential to reduce the administrative costs of the FAPBM relative to the capital stock, as an increase can lead to economies of scale and thus improve the efficiency of the FAPBM's management. The residents of the up to 36 protected areas supported benefit from the protection of the habitats and their economic potential, clear usage regulations and the development of tourism. The protected areas are spread across the entire country.