United Nations
#OceanAction15087
La Minga: Long-term financing for two marine conservation mosaics in Colombia
by Conservation International (Non-governmental organization (NGO))
La Minga Fund: Conservation International, Fondo Accion, the Walton Family Foundation, and the Swedish Embassy in Bogota have worked to design and advance a long-term financing solution for two large community-managed conservation mosaics along Colombia's Pacific coast. The Baha Malaga and North Choco conservation mosaics incorporate two national parks and three locally-managed MPAs. This is one of the poorest regions of Colombia, largely populated by Afro-Colombian communities, and recovering from the long-running conflict in Colombia. The recently signed peace accord presents an opportunity to rebuild, with nature at the core of the sustainable development model. There is extensive community involvement in La Minga through a set of community councils and an ongoing capacity building program.

The partnership is building and capitalizing a dedicated conservation trust fund called La Minga (everyone together), which will include both a $5M endowment and a sinking fund. Funding from the trust fund will be leveraged by budgetary allocations from both regional and national governments, which will cover around 60% of the annual core budgetary need for the locally-managed MPAs, and the majority of the core need for the national parks.

With a strong governance system in place, government commitments secured, and strong donor interest, La Minga is on track to be launched by the end of 2017. The first tranche of funding for La Minga will be delivered by CI's Global Conservation Fund, which has committed $500,000, and the Swedish Embassy which has pledged 5 million Swedish Krona.

La Minga forms part of a global portfolio of MPA financing deals that CI and partners are committed to designing and securing. For example, together with partners, we recently announced the Blue Abadi endowment fund for the Birds Head Seascape, with an initial capitalisation of $23 million - we are committed to seeking additional funding to reach a total goal of $38 million. Additional deals are also under development in other countries.
Progress reports
14.2
By 2020, sustainably manage and protect marine and coastal ecosystems to avoid significant adverse impacts, including by strengthening their resilience, and take action for their restoration in order to achieve healthy and productive oceans
Type of commitment
  • Community or Locally Managed Marine Areas
14.4
By 2020, effectively regulate harvesting and end overfishing, illegal, unreported and unregulated fishing and destructive fishing practices and implement science-based management plans, in order to restore fish stocks in the shortest time feasible, at least to levels that can produce maximum sustainable yield as determined by their biological characteristics
Type of commitment
  • Compliance, monitoring and enforcement
14.5
By 2020, conserve at least 10 per cent of coastal and marine areas, consistent with national and international law and based on the best available scientific information
Type of commitment
  • No take marine protected area
  • Marine protected area with partial protection
  • Multiple use marine protected area
  • Locally or community managed marine areas
  • MPA management and/or enforcement
August 2017
Establish legal structures, make initial disbursement from CI to La Minga
December 2017
Capitalize La Minga at $5M
Financing (in USD)
200,000 USD
Other, please specify
An additional $1.3 million has been invested in management strengthening, monitoring, and capacity building, 2014-2017
Staff / Technical expertise
In-kind staff support from partner organizations
Basic information
Time-frame: 01/2017 - 12/2017
Partners
Conservation International (NGO) Fondo Accion (NGO) The Walton Family Foundation (Philanthropic organization)
Ocean Basins
  • South Pacific
Beneficiary countries
Colombia
Other beneficaries
Afro-Colombian communities along the Pacific coast of Colombia
Contact information
Keith Lawrence, Lead Oceans Economist, Center for Oceans, klawrence@conservation.org, 5712421663
Arlington, USA
Other SDGs
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