Blue Ventures is an award-winning marine conservation organisation dedicated to conservation, education and sustainable development in tropical coastal communities.
Funding from TWF has enabled BV to develop a unique and ambitious project to demonstrate the economic benefits of marine conservation in Madagascar.
Blue Ventures has been working to develop highly-acclaimed marine conservation strategies in southern Madagascar for the past five years. Projects have worked towards mitigating the effects of fisheries over-exploitation in one of the largest and most biodiverse coral reeds in the Indian Ocean.
Since 2003, the Marine Protected Areas (MPAs) established by Blue Ventures and its community partners have demonstrated their effectiveness in improving fisheries productivity, and as a result have been replicated by coastal villages across almost 200km of coastline. However, for this expansion to be financially sustainable and taken to a larger national or international scale, a new model for financing these projects must be developed. With funding from TWF, Blue Ventures is developing the business case for MPA establishment by showing that investing in conservation makes sound business sense for local stakeholders.
For more information see www.blueventures.org and www.livewiththesea.org |