Call for Proposals – Marine Protected Areas and Other Effective Conservation Measures
The Blue Natural Capital Financing Facility (BNCFF) aims to support Nature-based Solutions (NbS) financing opportunities in and around marine and coastal environments. It works to strengthen specific projects that combine likely bankability (closing the deal with a private sector investor) and positive environmental and social impacts.
This BNCFF Call for Proposals (CfP) for Strengthening and Scaling Marine and Coastal Protection and Conservation is supporting the global efforts:
- to accelerate and scale up the protective measures for Blue Natural Capital ecosystems; and
- to build a pipeline of investable NbS projects in MPAs and OECMs.
This is achieved by providing funding to innovative concepts and/or activities designed and implemented to advance sustainable investment in an MPA/OECM or a network of MPAs/OECMs.
The BNCFF supports projects to clarify business, design, and/or conservation related project aspects, in preparation for private sector financing.
Funding is available to non-governmental organizations (NGO) as managers, advisors or funders/investors in MPAs; private sector entities that develop, manage or have an essential stake in MPAs; not-for-profit community groups; and universities and other research-focused institutions.
Eligible activities include:
- Feasibility assessments, including:
- Environmental, economic and social cost benefit analyses
- Project cash flows modeling (Costs (CAPEX, OPEX) and revenue forecasts)
- Business model activities (design, strengthening, diversifying)
- Business plan refinement and/or public-private partnership RFP development
- Legal studies
- Management plans and EIA, including:
- Environmental Impact Assessment (EIA) studies
- Environmental and Social Management Plans
- General innovation to improve overall management effectiveness in MPA, MPA networks or OECMs
- Stakeholder engagement efforts, including
- Stakeholder mappings, discussion on free, prior and informed consent
- Capacity building activities
- Other preparatory work, including:
- Preparation of regulatory filings and related public processes
- Project monitoring, implementation planning and enforcement activities
- Data collection, process and integration for MRV activities
Grants Value
Grants issued will be up to a maximum of € 250.000 per project. Projects should be implemented during a maximum on 18 months, unless justification for a longer implementation period is provided and agreed.
Full eligibility and selection criteria, and information on how to prepare and submit a proposal are accessible in the Funding Guidelines. Deadline for the applications is 20 February 2023.
For more information: https://bluenaturalcapital.org/bncff/bncff-calls-for-proposals/