Sustainable Financing & Management of Eastern Caribbean Marine Ecosystem Project

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The objective of the Sustainable Financing and Management of Eastern Caribbean Marine Ecosystem Project is to contribute to enhancing the long-term sustainability of protected area networks in the Eastern Caribbean sub-region by: 1) establishing sustainable financing mechanisms; 2) strengthening of the marine protected area networks; and 3) deploying a regional monitoring and information system for the protected area networks. There are four components to the project. The first component of the project is establishment of sustainable financing mechanisms. The aims of this component will be to: facilitate the establishment and capitalization of a regional biodiversity fund; and facilitate the participating countries to establish the respective National Protected Area Trust Fund (NPATF). The second component of the project is to strengthening and phased expansion of marine protected area networks. The third component of the project is to deployment of a regional monitoring and information system. The fourth component of the project is to project management and coordination. The aim of this component will be to carry out the coordination and supervision of the project at the regional and participating country levels.