Sustainable financing of marine protected areas: the case of the Martinique regional marine reserve of “Le Prêcheur”

Marine Protected Areas require sustainable funding for their effectiveness. This article aims to provide an analysis of the feasibility of financial possibilities for the support of a Regional Marine Protected Area in Martinique. It provides a valuation of the funding alternatives. The concept of pa...

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Veröffentlicht in:Green finance 2019-01, Vol.1 (2), p.110
Hauptverfasser: Failler, Pierre, Montocchio, Claire, Adeline Borot de Battisti, Binet, Thomas, Maréchal, Jean-Philippe, MyriamThirot
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Sprache:eng
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Zusammenfassung:Marine Protected Areas require sustainable funding for their effectiveness. This article aims to provide an analysis of the feasibility of financial possibilities for the support of a Regional Marine Protected Area in Martinique. It provides a valuation of the funding alternatives. The concept of payment for ecosystem services is introduced to seek the benefits that fishermen can get from their involvement in the management of the protected areas.
ISSN:2643-1092
DOI:10.3934/GF.2019.2.110