redlac workshop may 9 th to 11 th , 2007 lima, peru
DESCRIPTION
RedLAC Workshop May 9 th to 11 th , 2007 Lima, Peru. Why PACT?. NGO movement Consultation workshops Visitor willingness surveys to pay Expressed need for a sustainable financing mechanism National entity for conservation Sustainable financing mechanism. What is PACT?. - PowerPoint PPT PresentationTRANSCRIPT
RedLAC Workshop
May 9th to 11th, 2007
Lima, Peru
Why PACT?
• NGO movement
• Consultation workshops
• Visitor willingness surveys to pay
• Expressed need for a sustainable financing mechanism
• National entity for conservation
• Sustainable financing mechanism
What is PACT?
• Revolving, Sinking, and Endowment Funds
• Capitalization (05/06) :Approx. BZ$6,000,000.00 Bz
• Endowment Fund shall receive no less than 5% of all revenues per fiscal year
• Endowment Fund (05/06): BZ$2,700,000.00 Bz
Primary Objective: Assist, via grants, the management, conservation, development of protected areas and wildlife species (CITES)
Sources of Funds
• Cruise Ship Passenger Head Tax
• Conservation Fee paid by tourists on their departure
• Investments and Individual donations
46%
12%
42%
Conservation Tax Cruise Ship Fee Other
Source of FundsTourism Dollars
88% of revenue comes from tourism as payment for environmental servicesCruise Tourism - $2,073,077 Bz (05/06)Conservation Fee - $1,849,138 Bz (05/06)
Revenue supported by PACT ACT Legislated on January 2nd, 1996Outlined in section 21
Legislation states PACT is responsible for direct collections
Revenue Streams
Protected Areas Conservation Trust
Trust Fund
Endowment Fund GrantsOperational Expenses
Conservation Fee (USD$3.75)
20% of Cruise Ship Passenger Fees
other
Revenue Distribution (Policy)
20%
20%
60%
Grant Program Operational /Capital Staff
Revenue Distribution Actual 05/06
17%10%
73%
Grant Program Operational /Capital Staff
Revenue vs. ExpenditureCollected from 1996 to 2006
137 Grants have been awarded to date, totaling BZ $7,748,193.38 Bz from January 1996 to January 2007
4 Large Grants, all ongoing totaling over $3.7 million 2 Medium Grants, 1 ongoing, totaling over $500,000.00 75 Small Grants, 10 ongoing, totaling over $2.2 million
46 Scholarships, 1 long term training and 2 Professional
Development Grants, totaling over $900,000.007 Research Grants, 6 ongoing, totaling over $100,000.00
Grants Fact Sheet
Grants Distribution from January 1996 to January 2007
All in $Bz.
Activities Funded
• Demarcation of boundaries
• Research
• Institutional Strengthening
• Infrastructure Development
• Scholarships/Short-term training
• Promotional Materials
• Environmental Education
• Monitoring Activities
• Capital/Office Equipment
Grants Fact SheetBusiness Plans
$152,186.24 Bz was invested in the development of two business plansSt. Herman’s Blue Hole – BASLaughing Bird Caye - FoN
Essential for long term financial sustainability while increasing operating effectiveness and efficiency of protected areas management
Grants: National Scope
Large GrantsUniversity of Belize - $945,000.00 Bz
(partnership)Develop the Natural Resources Management Program
Forest Department - $867,438.00 Bz Improving Protected Areas Management through the
institutional strengthening of FD
National Protected Areas Policy and System PlanPACT invested $300,000.00 Bz to the development of
the plan
Grants: National ScopeLeveraging of Funds
Leverage partnerships for project funding to NGOs with CI, Oak, TNC, MARFund, GEF/SGP
Leverage partnerships for tertiary degree scholarships with INCAE, CATIE, EARTH and University of Belize
One to one matches
Large Grant for Friends for Conservation and Development (FCD)a three year project to develop and implement a comprehensive and
integrated management program for the Chiquibul National Park and Maya Mountains Key Biodiversity Area, the largest protected area in Belize.
PACT - $800,000.00 Bz.counterpart funding from The Critical Ecosystems
Partnership Fund and The Nature Conservancy - $1 million Bz.
FCD will receive a total of $1.8 million Bz.
Grants: National ScopeLeveraging of Funds
The University of Belize PACT contributed $945,000.00 Bz Counterpart contribution from OAK Foundation, The Nature
Conservancy and Earthwatch Institute totalled - $2,691,750.00 Bz
Total funding for development of NRM Program - $3,636,750.00 Bz
The National Protected Areas System Plan PACT contributed $300,000.00 Bz Counterpart funding amounted to $500,000.00Bz Total funding for development of plan approximately
$800,000.00Bz
Grants: National ScopeLeveraging of Funds
Memorandum of Understanding with CATIE of Costa RicaPACT contributes 1 scholarship and INCAE
contributes 2 scholarships for Belizean students
Memorandum of Understanding with Earth University of San Jose Costa RicaPACT contributes 2 scholarships and Earth
contributes 3 scholarships to Belizean students.
Grants: National ScopeLeveraging of Funds
Accomplishments
• Number of Protected Areas supported with Grants – 36 (Approx. 40% of the System)
• Number of Non Governmental Organizations, Government Departments and Associations that have benefited from PACT’s Grants program – 31
Management of the Other Funds
• Leveraging our experience in investment and grants management over the past ten years
• PACT can administer grants at a much reduced cost since it does not have to invest in Capital
• Opportunity for coordination and co-financing of projects and programs
• More finances can go directly on the ground
• Eg. PACT Foundation and the Oil Fund
Management of the Trust Fund
• Interim audit at half year• Full audit at end of year by independent internationally affiliated
audit firm• Budget based on projects in the pipeline and historical trends of
revenue • Management team drafts budget • Departments defends budget to management and Staff• Budget reviewed and approved by Board • External evaluation of projects • Proactive and responsive approaches to grant funding
Our Strengths
• 10 years experience in managing grants
• Network and dialogue with NGO’s and CBO’s throughout the country
• Active Support from Government policies : - Debt for Nature Swap - National Protected Areas Policy and System Plan
• Coordinating role
• International Alliances: MARFund, RedLAC, IUCN
• Leverage partnerships
Future Plans
Revision of Grants Manual and Grants Process Communications Strategy PACT will endeavor to implement the National
Protected Areas Policy and Systems Plan through the provision of medium and large grants. These projects should leverage PACT funds for national and/or regional impact.
Refocusing of PACT Small GrantsContinue building capacity of CBOs and smaller
NGOsMentorship Programme
Other Future Plans
More autonomous Board/New Legislation
Development of a fundraising campaign
Support implementation of Environmental Education Strategy
Administrative Fee Support up to 20%
Thank You!Thank You!
To Donate to Belize’s Protected Areas visit us at…
www.pactbelize.org