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PACT Awards 6.7 Million Dollars in Investments to Protected Areas

PRESS RELEASE

PACT Awards 6.7 Million Dollars in Investments to Protected Areas

 

21st December 2018 — (Belize City, Belize) The Protected Areas Conservation Trust, PACT, announced the award of a total of 6.7 Million dollars in targeted conservation investments for Belize’s National Protected Areas System (NPAS). This total investment will be made through 6 local conservation organizations that collectively co-manage 12 protected areas. PACT also announced an additional 3.2 Million dollars in the pipeline which is expected to be committed by March 2019. Collectively, these $9.9 Million dollars will be invested in targeted actions and ecosystems over the next 3 years (2019-2021) carrying with it, the potential to leverage a further $10 Million dollars from other sources.

The six (6) non-governmental organizations that PACT is partnering with for making this investment are:

          Ya’axché Conservation Trust, on behalf of the Bladen Nature Reserve, for a total investment of $1,000,000.00 in the programme entitled “Protection of natural heritage of Bladen Nature Reserve”;

          Friends for Conservation and Development, on behalf of the Chiquibul National Park, for
a total investment of $1,295,726.36 in the programme entitled “Instituting a Landscape Program for the Chiquibul Forest”;

          Turneffe Atoll Sustainability Association, on behalf of the Turneffe Atoll Marine Reserve,
for a total investment of $1,045,500.00 in the programme entitled “Enhancing Turneffe Atoll Sustainability Association’s Management of the Turneffe Atoll Marine Reserve, Assisting in Securing Belize’s Marine Biodiversity”;

          Toledo Institute for Development and Environment, on behalf of the Port Honduras Marine
Reserve and Payne’s Creek National Park, for a total investment of $1,752,000.00 in the programme entitled “Maintaining the effective and sustainable management of the resources within PHMR and PCNP”;

          Belize Audubon Society, on behalf of the Half Moon Caye Natural Monument, Blue Hole
Natural Monument, Cockscomb Basin Wildlife Sanctuary, Victoria Peak Natural Monument, and St. Herman’s Blue Hole National Park, for a total investment of $990,000.00 in the programme entitled “Improving the management of BAS co-managed protected areas”;

          Southern Environmental Association, on behalf of the Laughing Bird Caye National Park
and Gladden Spit and Silk Cayes Marine Reserve, for a total investment of $685,820.30 in the programme entitled “Improved protection and conservation of the ecosystems and biodiversity of LBCNP and GSSCMR”

PACT is thankful for the continued partnerships that enable it to improve its work in investing in Belize’s protected areas and looks forward to the success of these investments over the next 3 years.   

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PACT was formally established in January 1996 with the passing of the Protected Areas Conservation Trust Act, No. 15 of 1995, creating the institution as a Statutory Board. PACT contributes to the effective management of Belize’s National Protected Areas System (NPAS) through strategic partnerships and high impact investments. The PACT is managed by a Board of Directors that is comprised of Government agencies, non-government organizations and individual experts.

Contact: 822-3637 | info@pactbelize.org | www.pactbelize.org | www.facebook.com/pactbelize/

SEA Single Investment

PRESS RELEASE

SEA Single Investment

 

August 7, 2018 PACT recently traveled to the Placencia Peninsula to catch up with the Southern Environmental Association who are implementing a PACT Single Investment Project entitled “Improving the management of Laughing Bird Caye National Park and the financial stability of SEA”. The Investment, valued at BZ$65,726.00, commenced in March 2017 and is expected to culminate in September 2018. As its title indicates, the project aimed at strengthening SEA’s financial stability via improved management, infrastructure, building human resource capacity and expanding the potential for resource mobilization.
 

During the visit, PACT accompanied by the SEA Executive Director and other personnel, traveled to the Gladden Spit and Silk Cayes Marine Reserve, Little Water Caye and the Laughing Bird Caye National Park. Through this project, SEA targeted the execution of two financial mechanisms from its existing business plan to improve its financial stability. On Laughing Bird Caye, project funds were used to establish an electronic point of sale system that now enables visitors to use credit cards as a payment option at the LBCNP gift shop. Furthermore, the LBCNP gift shop has also been restocked twice; a good indication of the rate at which the gift shop’s inventory is turning over. From these mechanisms, SEA have already met and are on course to surpass the revenue target of 10% of the annual protected areas budget.
 

To complement this, SEA has also made considerable investment in building the capacity of 15 staff members. Through this project, Small Business Management (Entrepreneurship), Inventory Management, Customer Service and Tour Guide training were completed by SEA staff and directly applied to the management of the LBCNP Gift shop and other operations within the areas managed by SEA.
Furthermore, the Ranger Station at Little Water Caye has been fully refurbished through this project. While the facility was initially constructed as a conservation post for SEA’s enforcement team, the facility’s housing capacity and amenities have been expanded to comfortably accommodate 15 persons. This has improved SEA’s ability to attract universities, researchers and groups interested in visiting or working in the adjacent protected areas. Following refurbishment, SEA has recorded a marked increase in revenue from accommodations at the ranger station.
 

Lastly, the PACT Single Investment Project financed the development of a Resource Mobilization Strategy for SEA. This strategy will support SEA in its strategic fundraising ventures and will guide the SEA BOD, Management and Staff on capacity enhancement and institutional growth.
 

PACT takes this opportunity to congratulate the Southern Environmental Association on the many successes of this project. We also thank the SEA BOD and Staff for their dedication, engagement and prudent management of this PACT investment.

 

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PACT was formally established in January 1996 with the passing of the Protected Areas Conservation Trust Act, No. 15 of 1995, creating the institution as a Statutory Board. PACT contributes to the effective management of Belize’s National Protected Areas System (NPAS) through strategic partnerships and high impact investments. The PACT is managed by a Board of Directors that is comprised of Government agencies, non-government organizations and individual experts.

Contact: 822-3637 | info@pactbelize.org | www.pactbelize.org | www.facebook.com/pactbelize/

BZ $1.1 Million to Protected Areas Managers

PACT REVEALS TWO NEW CATEGORIES OF FUNDING AND AWARDS BZ 1.1 MILLION TO PROTECTED AREAS MANAGERS

Belize City, Belize. (Monday, 27 March. 2017) –Today the Trust held its Annual Investment Award Ceremony, handing over 1.1 million dollars under two new categories of funding – the single and multiple investment categories. Speaking to the progress made since last year’s Award Ceremony, Minister of State in the Ministry of Agriculture, Forestry, Fisheries, the Environment, Sustainable Development and Immigration, Dr. Omar Figueroa informed that the new investment categories of funding “signals the shift in the way in which PACT [supports] proposals geared towards institutional and governance strengthening, financial sustainability and resource mobilization; and protected areas management plans”.

The Ceremony also saw the new CEO and PACT Board Chair, Dr. Percival Cho – engage stakeholders echoing Hon. Minister Omar Figueroa’s optimism that PACT will continue to grow to meet the challenges of financing protected areas. Speaking specifically to the new investment categories of funding, Dr. Cho remarked that “the new investment angle complements the equally new opportunity for PACT to fund up to twenty percent of an organization’s budgeted staffing and office costs related to carrying out a project…thereby allowing [CBOs and NGOs] to invest a greater portion of their energies in fundraising initiatives to advance their work on the ground”.

This year PACT awarded a total of five grants under its ‘single’ and ‘multiple’ categories. The ‘Single’ category carries a maximum funding envelope of BZ $100,000. This year, three single grants were awarded to the Sarteneja Alliance for Conservation and Development (SACD), Southern Environmental Association (SEA) and Programme for Belize. The ‘Multiple’ category awards funding to multiple recipients under one, singular project area with a funding envelope of BZ $400,000; recipients under this category are the Association of Protected Areas Management Organizations (APAMO) and Ya’axche Conservation Trust, alongside the Belize Audubon Society (BAS) and the Toledo Institute for Development and Environment (TIDE).

The shift in this year’s investment cycle reflects a move towards a holistic and collaborative approach to protected areas management. The Protected Areas Conservation Trust (PACT) extends its warmest well wishes to all the investment award recipients and wishes them every success in the execution of their projects!