Two new finance mechanisms to protect the MediterraneanDecember 15, 2021
With a view to ensuring that the causes we support in the Mediterranean remain sustainable well after our closing at the end of 2022, MAVA has engaged in two initiatives that were launched at the World Conservation Congress held in Marseille in September 2021.
Together with the Aage V. Jensen Charity Foundation and the Fondation Prince Albert II de Monaco, MAVA has created the Donors’ Initiative for Mediterranean Freshwater Ecosystems (DIMFE): an initiative dedicated to the conservation and restoration of freshwater ecosystems in the Mediterranean (rivers, lakes, marshes, wetlands, peatlands). A first call for projects was launched at the end of September and the implementation of selected projects will start in January 2022.
The second initiative, the Highly Protected Mediterranean Initiative (HPMI), is a collaborative between MAVA and The MedFund, a trust fund dedicated to mobilising public and private stakeholders to foster the development and effectiveness of Mediterranean Marine Protected Areas. Funded by MAVA, this new project within the MedFund aims to promote marine areas with a high level of protection and ensure their sustainability. A call for expressions of interest was launched at the beginning of December and the deadline for submitting the application form is 31 January 2022.
These two initiatives respond to MAVA’s desire to improve and sustain the effectiveness of the management of freshwater ecosystems and marine protected areas in the Mediterranean. They are also an opportunity to amplify the work accomplished by many MAVA’s partners in the Mediterranean over the past years.
For more information, contact Paule Gros, MAVA Director of the Mediterranean Programme and Head of Strategic Partnerships, who has actively contributed to the creation of these two initiatives.