Building the case for increased funding for protected area and coral reef management
      
      DECR is one of the main protected area managers in TCI. As a government department, DECR depends on funding allocated through a regular budget cycle. Although the government collects a number of fees and taxes that are linked to nature-dependent sectors such as tourism, none of these payments is earmarked to protected area management. Instead, these funds flow to the consolidated fund, from which they are redistributed across public entities.
 
Building a strong case for protected area management was fundamental for DECR to promote: 1. increasing funding through the regular budget cycle, and 2. earmarking of a portion of nature-related revenues.
 
To support DECR in this task, GCFI funded technical assistance for the estimation of budget needs and gaps for basic and optimal protected area management. In addition, an assessment of the tourism value of nature was conducted based on existing studies. By comparing these figures, DECR could show authorities that increasing funding was financially reasonable, given that its operating budget in the year under analysis (2015/2016) was 25 times smaller than the added value of nature for tourism and 30 times smaller than the nature-related tourism revenue for the government.