Volume 74

Working towards sustainable financing on the three windward islands in the Dutch Caribbean


Authors
De Groene. A.
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Date: November. 2021


Pages: 65-66


Event: Proceedings of the Seventy-four Annual Gulf and Caribbean Fisheries Institute


City: Virtual


Country: Virtual

Abstract

Similar to other protected areas in the Caribbean. the organizations that manage the nature parks in the Dutch Caribbean face a structural shortage of sustainable sources of financing to fulfil their nature management tasks. Wolfs Company and DCNA with support from WWF-NL assisted the Saba Conservation Foundation (SCF). St. Eustatius National Parks (STENAPA) and the Foundation for the Management and Conservation of Nature on Sint Maarten (SMNF) in strengthening their strategies to achieve sustainable financing of the National Parks in Saba. National Parks in St Eustatius and the Man of War Shoal Marine Protected Area. respectively. However. during the project timeframe COVID happened and required a reorientation of project. These case studies will be used to showcase the process used to come up with the financing needs. financial plan. potential financing strategies and a plan of action to tap into the identified financing sources. Focus will be on the nature of financing gap. barriers identified. number/diversity and types of financing strategies identi-fied for possible implementation. the impact of COVID and current status of financing.

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