Conservation Trust Funds in the Mediterranean

This session features two components: A panel discussion on Conservation Trust Funds, and the launch of a new initiative within the MedFund, an existing CTF. Panel discussion: In the Mediterranean, application of trust funds to environmental issues is recent and rare. The discussion will address how CTF can provide for long-term financing of Mediterranean conservation actions, and how can they contribute to financing at scale. Panelists are experts with first-hand experience in The MedFund, a regional mechanism promoting the management effectiveness of marine protected areas, and the Prespa Ohrid Nature Trust, focusing on conservation and sustainable development in a transboundary lake basin of the Balkans. Launch of the Highly Protected Mediterranean Initiative by the Prince Albert II of Monaco: This initiative promotes Highly Protected Areas by demonstrating their ecological and socioeconomic benefits and supporting their financial sustainability