Antananarivo – on July 5th, 2021. The FAPBM has signed a financing agreement in favour of Madagascar National Parks (MNP) for an amount of MGA 2,714,238,754. With its annual budget reduced by 35% due to the tourism paralysis, MNP faces a significant funding gap that threatens the conservation of Madagascar's natural heritage.
Antananarivo, June, 16th, 2021 - On June, 4th, 2021, FAPBM warmly welcomes a new Executive Board and two new members inside its Board of Trustees1. The newly elected members of the Executive Board are:
Ny Anitry Ny Aina (Nanie) RATSIFANDRIHAMANANA, as President of the Board
Ratafika DIMBINDRAIBE, as Vice-President of the Board
Fredy RAJAONERA ANDRIAMBELO, as Treasurer.
The incoming members of the Board of Trustees, co-opted for a renewable 4-year term, are:
The Foundation for Biodiversity and Protected Areas of Madagascar (FAPBM) is committing to a grant of USD 2,735,722 for the Madagascar Protected Areas System (MPAS) for 2021. This grant will be used to:
Conservation International, as a Global Environment Facility Partner Agency, signed a Financing Agreement for an endowment fund of USD 4.5 million in favour of the capital of the FAPBM. The annual revenues from this capital will provide sustainable financing to 5 protected areas in the Boeny region.
The FAPBM has granted a Special Intervention Fund to the Nosivolo protected area to restore order to the management of this site through the operationalisation of a mixed control brigade and the revitalisation and securing of the Village Conservation Associations. This protected area, managed by the Cercle d'Etude Multidisciplinaire sur l'Environnement et la Santé (CEMES) is a victim of gold panning and illegal fishing which threaten its core area. Those in charge on the spot are also the target of various threats.
The FAPBM manages the Qit Minerals Madagascar biodiversity offset fund. This fund is intended for the conservation of New Protected Area of Agnalazaha (NPA) managed by the Missouri Botanical Gardens. This NPA covers 2,747 hectares at an altitude of less than 50 meters in the rural commune of Mahabo-Mananivo, 55 km from Farafangana.
The compensation funds aim at measurable results in terms of nature conservation as a result of actions to offset the residual negative impacts of development projects after appropriate avoidance and mitigation measures have been taken.
The Foundation is delighted to welcome its new Executive Director in the person of Mr. Alain Liva RAHARIJAONA. With a meaningful experience in both the private and public sectors, he has chosen to put his skills at the service of the sustainability of the financing of protected areas and biodiversity in Madagascar.
With an economic background, he worked for 12 years as Economic Counsellor at the Embassy of Madagascar in Brussels before joining the FAPBM.
In 2005, the meeting of contributors to the capital of the FAPBM was held for the first time. The three entities under whose impetus the FAPBM was founded were the first to participate: WWF, Conservation International and the Malagasy government.
In 2019, this annual meeting was held in Isalo under the direction of Mrs Sahondra RAJOELINA, President of the Board of Trustees, with the participation of the whole board of trustees and the other contributors who joined the first three:
Every year, May 22nd is celebrated as International Day for Biological Diversity. For 2017, the theme chosen is "biodiversity and sustainable tourism". As an institution promoting and acting for the protection of the unique biodiversity of the Big Island, the Foundation for Protected Areas and Biodiversity of Madagascar (FAPBM) naturally joins in this celebration. The foundation thus works hand in hand with the Ministry of Environment, Ecology and Forests for the organization of the different events promoting the biodiversity of Madagascar.
Forests are the origin of the air we breathe, the water we drink, the food we eat or even the drugs we use to look after ourselves. By providing us with those essential elements for our existence, forests play a central role that is unfortunately often neglected. This is the reason why, this year 2017, the Foundation for the Protected Areas and the Biodiversity of Madagascar joined the celebration of the International Day of Forests held in Tulear.
Acting for the conservation of biodiversity and supporting the local economy: FAPBM has decided to embark on this path through impact investing. A quarter of the capital of the Foundation, a little more than 12 million Euros, is therefore dedicated to this type of investment that tends to have a positive social and / or environmental impact while generating a financial return.
Meet the FAPBM !
With the Malagasy Government, Conservation International and the WWF as the first contributors, the Madagascar Biodiversity Fund is a private Malagasy foundation created in 2005 and declared of public utility.
Let's sustain life !
Your support is needed to allow life to blossom and to realize a vision of a greener and more fulfilled Madagascar!
Madagascar... a land, life
In Madagascar, wherever your eye falls, you will meet Mother Nature in her full splendor...