Sustainable financing of marine protected areas: the case of the Martinique regional marine reserve of “Le Prêcheur”<br /> <em><span style="font-size:12px">Running title: Marine protected Areas sustainable financing: the case of the Martinique Regional Marine Reserve</span></em>
Pierre Failler,
Claire Montocchio,
Adeline Borot de Battisti,
Thomas Binet,
Jean-Philippe Maréchal,
MyriamThirot
Affiliations
Pierre Failler
1 Centre for Blue Governance, Business School, University of Portsmouth, Portsmouth, United Kingdom
Claire Montocchio
1 Centre for Blue Governance, Business School, University of Portsmouth, Portsmouth, United Kingdom 3 Agrocampus Ouest, 65 rue de Saint-Brieuc, 35000 Rennes, France
Adeline Borot de Battisti
1 Centre for Blue Governance, Business School, University of Portsmouth, Portsmouth, United Kingdom
Thomas Binet
1 Centre for Blue Governance, Business School, University of Portsmouth, Portsmouth, United Kingdom
Marine Protected Areas require sustainable funding for their effectiveness. This article aims to provide an analysis of the feasibility of financial possibilities for the support of a Regional Marine Protected Area in Martinique. It provides a valuation of the funding alternatives. The concept of payment for ecosystem services is introduced to seek the benefits that fishermen can get from their involvement in the management of the protected areas.