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Madagascar Biodiversity Fund

Madagascar Biodiversity Fund. 10 September 2012 _ IUCN Congress for Nature_ Jeju South Korea. Who and what are we?. An efficient Trust fund. A private foundation under Malagasy law; created in 2005 and granted public utility status

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Madagascar Biodiversity Fund

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  1. Madagascar Biodiversity Fund 10 September 2012 _ IUCN Congress for Nature_ Jeju South Korea

  2. Who and what are we?

  3. An efficient Trust fund • A private foundation under Malagasy law; created in 2005 and granted public utility status • A public interest objective: Sustainable funding of Madagascar’s Protected Areas System (SAPM) • US$ 50 million in capital from primarily public donors • US$ 1 million granted to protected areas in 2012

  4. 1,7millions of hectares 15 Protected areas financed 3 International sites included 979 000 People indirectlyaffected

  5. Main purpose Contribute to sustainable human development through biodiversity conservation and enhancement…

  6. How the Foundation works

  7. Private management, public purpose • An independent board, made up of 9 professionals from different backgrounds • A relatively small executive staff • A set of bylaws, policies and manuals governing operations and management, pre-approved by donors • Annual financial audits, meetings with donors, and occasional operational audits

  8. Financial management

  9. Fundingbehavior Figure 2: difference between funding needed and funding granted Figure 1: evolution of financed areas funding

  10. Our contributors

  11. How the Foundation operates

  12. Exemple of Makira Natural Park 372 470 hectares – 150 000 habitants Manager: Wildlife Conservation Society Specificity : Designed as a vital forested corridor linking the east forests to the north of Madagascar  The irrigated area has tripled  Riceyields have increased

  13. Exemple of Andringitra National Park Part of the Humid Forests of Atsinanana, a UNESCO world natural heritage 34 613 hectares – 10 313 habitants Manager : Madagascar National Parks Specificity : mountain chain with peaks and pitons up to 2 658 m  Grants support overall on-going management

  14. Investing for tomorrow !

  15. Ambitious Goals • 10 years in the making • Revolutionaryapproach but not alwaysunderstood • Rapidcapitalization but more needed • Change in law: tripling of PA system! • Stability and instability in the middle of crises

  16. Areas of weakness • Fluctuatingfunds: Sustainability, visibility and marketvolatility • Wide spectrum of requiredskills and operationaltasks (from capital markets, to fundraising, to projectselection, review and evaluation) and overhead/staffing limitations • Environmental impact: Where, how to have the greatest impact givenlimitedfinancing in the face of greatneed • Project approach vs independence • Governmentresentment • Diversifying sources of funding: Involving the privatesector; risks of greenwashing • Desire/pressure to do it all

  17. Thank you for your attention! Sahondra RABENARIVO, Board Chair Ralava BEBOARIMISA, Executive Director MADAGASCAR BIODIVERSITY FUND www. madagascarbiodiversityfund.org

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