Sustainable financing of marine protected areas: the case of the Martinique regional marine reserve of “Le Prêcheur”

Pierre Failler; Claire Montocchio; Adeline Borot de Battisti; Thomas Binet; Jean-Philippe Maréchal; Myriam Thirot

doi:10.3934/GF.2019.2.110

Sustainable financing of marine protected areas: the case of the Martinique regional marine reserve of “Le Prêcheur”

Pierre Failler, Claire Montocchio, Adeline Borot de Battisti, Thomas Binet, Jean-Philippe Maréchal, Myriam Thirot

Centre for Blue Governance

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Abstract

Marine Protected Areas require sustainable funding for their effectiveness. This article aims to provide an analysis of the feasibility of financial possibilities for the support of a Regional Marine Protected Area in Martinique. It provides a valuation of the funding alternatives. The concept of payment for ecosystem services is introduced to seek the benefits that fishermen can get from their involvement in the management of the protected areas.

Original language	English
Pages (from-to)	110-129
Number of pages	20
Journal	Green Finance
Volume	1
Issue number	2
DOIs	https://doi.org/10.3934/GF.2019.2.110
Publication status	Published - 23 Apr 2019

Keywords

Martinique
marine protected area
financing
payment for ecosystem services

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

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10.3934/GF.2019.2.110

GF-01-02-110Final published version, 349 KBLicence: CC BY

http://www.aimspress.com/article/10.3934/GF.2019.2.110

Cite this

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abstract = "Marine Protected Areas require sustainable funding for their effectiveness. This article aims to provide an analysis of the feasibility of financial possibilities for the support of a Regional Marine Protected Area in Martinique. It provides a valuation of the funding alternatives. The concept of payment for ecosystem services is introduced to seek the benefits that fishermen can get from their involvement in the management of the protected areas. ",

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AU - Failler, Pierre

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AU - Borot de Battisti, Adeline

AU - Binet, Thomas

AU - Maréchal, Jean-Philippe

AU - Thirot, Myriam

PY - 2019/4/23

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N2 - Marine Protected Areas require sustainable funding for their effectiveness. This article aims to provide an analysis of the feasibility of financial possibilities for the support of a Regional Marine Protected Area in Martinique. It provides a valuation of the funding alternatives. The concept of payment for ecosystem services is introduced to seek the benefits that fishermen can get from their involvement in the management of the protected areas.

AB - Marine Protected Areas require sustainable funding for their effectiveness. This article aims to provide an analysis of the feasibility of financial possibilities for the support of a Regional Marine Protected Area in Martinique. It provides a valuation of the funding alternatives. The concept of payment for ecosystem services is introduced to seek the benefits that fishermen can get from their involvement in the management of the protected areas.

KW - Martinique

KW - marine protected area

KW - financing

KW - payment for ecosystem services

U2 - 10.3934/GF.2019.2.110

DO - 10.3934/GF.2019.2.110

M3 - Article

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JO - Green Finance

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ER -

Sustainable financing of marine protected areas: the case of the Martinique regional marine reserve of “Le Prêcheur”

Abstract

Keywords

UN SDGs

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