1 / 12

Bay of Bengal Large Marine Ecosystem Project (BOBLME) Co-financing Strategy

Bay of Bengal Large Marine Ecosystem Project (BOBLME) Co-financing Strategy. Background & perspective. BOB 2900 km x 1600 km 8 countries (Bangladesh, India, Indonesia, Malaysia, Maldives, Myanmar, Sri Lanka, Thailand) 1.5 billion people (25% world) 400 million in coastal catchments

aqua
Download Presentation

Bay of Bengal Large Marine Ecosystem Project (BOBLME) Co-financing Strategy

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Bay of Bengal Large Marine Ecosystem Project (BOBLME) Co-financing Strategy

  2. Background & perspective • BOB 2900 km x 1600 km • 8 countries (Bangladesh, India, Indonesia, Malaysia, Maldives, Myanmar, Sri Lanka, Thailand) • 1.5 billion people (25% world) • 400 million in coastal catchments • Expected growth 20% by 2015 • Large fishing dependency • Part-time & small scale • Small GDPs • High level of poverty

  3. Project objectives • Development objective: • Enhanced food security, reduced poverty for coastal communities • Environmental objective: • Strategic action plan (SAP) for BOBLME to protect the ecosystem and manage the living marine resources in a sustainable way. • Better understanding of the priority issues • Improved capacity to manage resources • Improved institutional and policy framework

  4. Identified priority issues/needs • Overexploitation of living marine resources • Priority transboundary species • Indian mackerel (IBMTM) • Hilsa (IBM) • Sharks (All) • Critical habitats • Mangrove • Coral Reefs • Sea grasses • Land-based pollution

  5. Project Components • Strategic Action Program (SAP) • Coastal/Marine Natural Resources Management and Sustainable Use • Improved Understanding and Predictability of the BOBLME Environment • Maintenance of Ecosystem Health and Management of Pollution • Project Management, Monitoring & Evaluation, and Knowledge Management

  6. Financing Plan Project: GEF resources: USD 12 082 100 Co-financing: 18 911 400 TOTAL 30 993 500 PDF-B: GEF 699 800 Co-financing 1 200 687 Sub-total 1 900 487 GRAND TOTAL 32 893 987

  7. Co-financing Plan

  8. BOBLME National Governments Co-financing US$5.7 million – Cash and in kind over 5 years Cash contribution: US$2.2 million - US$275 000 per country over the life of the project, or US$55 000 per year: • Cost of a full-time contracted national technical advisor/assistant and secretary for the National Coordinator (NC); • Pro rata portion of the salary of the NC; • Associated communications and facilities costs for work on the project; • In-country costs associated with sponsoring project-related national workshops and the participation of national representatives (estimated at US$24 000 per year per country over five years)

  9. BOBLME Governments In Kind Co-financing In-kind contribution: US$3.5 million - US$437 500 for each country over five years, or an annual in-kind contribution of US$87 500 per country per year • National counterpart salaries for workshops, training and local travel, but not international travel; • Pro rata portion of the salary of the Project Steering Committee member(s); • Pro rata time of the National Task Force members; • Pro rata costs of office space of the National Coordinator, national technical advisor/assistant and secretary; • Pro rata costs of staff and consultant time to bring results of assessments and lessons learned from other complementary projects/initiatives which directly benefit the activities of the BOBLME project.

  10. Host Government ContributionEstimated USD 1million • Provision of appropriate office space (10 staff plus short-term consultants, library, meeting room) • Related office operational costs and utilities; • 3 support staff (secretary, driver, and cleaner); • Security

  11. Parallel Co-financing Other donor-funded post-tsunami ongoing and planned initiatives critical to project • Mangroves for the Future (under discussion – redirected or leveraged?) • Assessments • Fisheries • Mangroves • Coral reefs • Regional environmental assessments • Fisheries projects • Livelihoods projects

  12. THANK YOU!

More Related