Stimulating sustainable financing for long-term coral reef conservation in the Turks and Caicos Islands

A. Roddy McLeod
Publicado: 07 Abril 2021
Última edición: 08 Abril 2021
remove_red_eye 706 Vistas

Resumen

The Turks and Caicos Islands (TCI) economy largely relies on tourism, which in turn is heavily dependent on natural landscapes, clean coastal waterways and vibrant coral reefs. Although TCI’s ecosystems are integral to the local economy, there is a disconnect between the benefits these generate and the investments made in their management. 

To bridge the financing gap for effective marine protected area management, a collaborative initiative with the Department of Environment and Coastal Resources (DECR) focused on three strategic actions: identifying feasible mechanisms for long-term conservation financing; building the case for protected area and coral reef funding; and building capacity to monitor and report impacts of coral reef conservation. Through engagement with protected area managers and decision makers, the initiative increased support towards concrete financing solutions. As a result, a working group of relevant ministries was initiated to reinstate a national environmental fund.

Classifications

Región
El Caribe
Escala de aplicación
Nacional
Subnacional
Ecosistema
Arrecifes coralinos
Ecosistemas marinos y costeros
Tema
Ciencia y investigación
Financiación sostenible
Institucionalización de la biodiversidad
Islas
Servicios ecosistémicos
Turismo
Otros
monitoring and reporting
Challenges
Pérdida de la biodiversidad
Acidificación de los océanos
Pérdida de ecosistemas
Falta de acceso a financiación a largo plazo
Falta de capacidad técnica
Falta de conciencia del público y de los responsables de la toma de decisiones
Deficiente vigilancia y aplicación de la ley
Objectivos de Desarrollo Sostenible
ODS 1 - Fin de la pobreza
ODS 2 - Hambre cero
ODS 3 - Salud y bienestar
ODS 8 - Trabajo decente y crecimiento económico
ODS 9 - Industria, innovacióne e infraestructura
ODS 11 - Ciudades y comunidades sostenibles
ODS 13 - Acción por el clima
ODS 14 - Vida submarina
ODS 15 - Vida de ecosistemas terrestres
Metas de Aichi
Meta 1: Aumento de la sensibilization sobre la biodiversidad
Meta 2: Valores de biodiversidad integrados
Meta 11: Las áreas protegidas
Meta 14: Los servicios ecosistemicos
Meta 20: Movilización de recursos de todas las fuentes

Ubicación

Providenciales, West Caicos, Turks and Caicos Islands
Show on Protected Planet

Retos

  • Decision makers responsible for government budget allocation face competing priorities in every budget cycle. 
  • While the case for increased funding for nature management built on clear links between healthy ecosystems and the tourism economy, further arguments on the urgency of coral reef protection could still be required to strengthen subsequent budget requests.
  • Additional follow up among project partners beyond the official implementation schedule was fundamental to deal with the impacts of staff turnover and maintain new managers informed of and engaged in both, the communication of a strong business case for funding, and the transfer of technical capacities for coral reef monitoring to new staff.

Beneficiarios

Department of Environment and Natural Resources of the Turks and Caicos Islands. 

Princess Alexandra Land and Sea National Park in Turks and Caicos Islands.

 

¿ Cómo interactúan los building blocks en la solución?

The building blocks were implemented in a sequential process with increasing degrees of specificity.

 

The first building block consisted of a broad analysis of existing and potential mechanisms to fund conservation activities in TCI. This provided recommendations on feasible strategic paths.

 

Following the proposed strategies, the second building block focused on producing the most relevant evidence to support the case for increased funding to protected areas, emphasizing the supporting role of ecosystems such as coral reefs within the tourism economy.

 

Finally, the third building block developed specific capacities required to generate further evidence for increased protected area funding over time. This building block focused specifically on coral reefs, as well as monitoring and reporting capacities.

Impactos positivos

Improved collaboration for conservation finance 

The initiative identified long-term financing solutions for protected areas, such as ring-fencing part of the nature-related revenue. Support by high-level stakeholders was obtained and they expressed willingness to evaluate fund allocation to coral-reef monitoring through the regular budget cycle. A working group of decision makers from key ministries was created to discuss the reinstatement of a fund for long-term ecosystem management.

 

Improved coral reef management through strengthened monitoring capacities

DECR and civil society partners were trained in coral reef monitoring methods and in communicating monitoring results to key stakeholders. The capacity to work with socioeconomic and ecological monitoring indicators (such as the Atlantic Gulf Rapid Reef Assessment's Reef Health Index) and incorporating them into their management practices was improved. 

 

Improved communication of the benefits obtained from ecosystems

The evidence produced created greater awareness among decision makers of the economy’s dependency on healthy coral reefs, the main threats to coral reef health and the environmental and economic effects of coral reef degradation. Building on this information, a business case was prepared for DECR to justify increased funding for natural resource management.

Contribuido por

Amílcar Guzmán Valladares Wolfs Company

Contribuído por

Wolfs Company