Call from MedFund

Description

1) Objective

The MedFund is a private non-profit organization based in Monaco, that provides sustainable funding for marine biodiversity conservation. This Conservation Trust Fund raises and invests financial resources, and uses the interest yield to award grants to NGOs and to national MPA management authorities in various Mediterranean countries. The Fund provides financial support by awarding grants to the management and co-management structures of Mediterranean MPAs in order to make a sustainable contribution to the recurrent management costs of these protected areas. The MedFund is launching a new call for interest.

2) Eligibility

To be considered, your application must meet the eligibility criteria: Must be officially designated MPA or under designation process; Must have a management document or management plan; Must have some management structure and management team in place.

3) Location

This call is open to the following countries: Albania, Algeria, Lebanon, Montenegro, Morocco, and Tunisia.

4) Budget

The support granted by The MedFund will be a maximum 55k USD per year per MPA over 5 years according to the context and the planned activities. The purchase of major equipment, except in exceptional cases, if it is essential for the launch or continuation of the project and cannot be financed otherwise. For any request for equipment (vehicles, boats and others) exceeding €10,000, a specific motion of The MedFund’s Board of Directors will be required.

5) Application

Applications are due no later than June 30, 2024.