PHOTO: MARILYN MCCLELLAND Sustainable Financing Options for a Marine Protected Area Network in British Columbia Sustainable Financing Options for a Marine Protected Area Network in British Columbia Contents Introduction . 3 Falling Short . 4 Public Funding . 4 Public-Private Partnerships (P3) . 5 Case Study: The California Marine Life Protection Act Initiative . 6 Private Donations . 7 Case Study: The Arctic Home Campaign . 7 Payment for Ecosystem Services . 8 Blue Carbon Offsets . 8 Marine Bioprospecting Fees . 10 Resource Use Fees . 10 Case Study: User Fees in Bonaire National Marine Park . 11 Community and First Nations Management . 12 Case Study: Gwaii Hanaas National Marine Conservation Area . 13 Conclusion . 14 Appendix 1: Summary Table . 15 Work Cited . 16 We gratefully acknowldege the generous support of the Gordon and Betty Moore Foundation which has made this report possible. Vancouver Office Sointula Office #207-343 Railway St. 235 First Street, Box 320 Vancouver, BC V6A 1A4 Sointula, BC V0N 3E0 604-696-5044 250-973-6580 www.livingoceans.org |
[email protected] Sustainable Financing Options for a Marine Protected Area Network in British Columbia Introduction Marine Protected Areas (MPAs) are one of the most effective tools to conserve and protect marine biodiversity . There are many different types of MPAs, but all are ocean places that are set aside like parks through legislative or other means for the purpose of providing sanctuary for individual species and entire food-webs so they can recover and thrive . When planned and man- aged effectively, MPAs can shield ecosystems from harmful human practices such as destructive fishing practices, offshore oil and gas drilling and other industrial activities; they mitigate the impacts of climate change by protecting coastal and estuarine areas that serve as carbon sinks; they benefit the economies of coastal communities through businesses such as marine tourism and sustainable fisheries .