Strengthening and Enabling the Micronesia Challenge 2030

EXECUTIVE SUMMARY

Strengthening transboundary integrated marine resource management for healthy marine ecosystems and sustainable coastal fisheries in Micronesia through the 2030 Micronesia Challenge.

The project Strengthening and Enabling the Micronesia Challenge 2030 builds on the Micronesia Challenge 2030 (MC2030) conservation, community benefit, and process targets, recognized by MC2030 partner jurisdictions including the Federated States of Micronesia (FSM), Republic of the Marshall Islands (RMI), Republic of Palau, the U.S. Territory of Guam and the U.S. Commonwealth of the Northern Mariana Islands (CNMI). The overall MC2030 conservation target is to effectively manage at least 50% of marine resources and 30% of terrestrial resources across Micronesia by 2030. The project aims to enhance national and regional marine resource management towards the Micronesia Challenge 2030 targets through three Components. The first component focuses on supporting FSM, RMI and Palau as they develop national policies, plans and tools to support national integrated management of marine resources under Micronesia Challenge 2030 targets. The second project component— implemented through the Micronesia Conservation Trust and the Micronesia Challenge Regional Office—aims to strengthen the capacities, communication, and planning to ensure regional coordination of the MC2030. The third project component focuses on monitoring and evaluation, knowledge management and communication of knowledge products generated through the project, including through IW:LEARN.

Countries: Federated States of Micronesia, Republic of the Marshall Islands, Republic of Palau

Focal Area: International Waters

Project Status: Project Approved

GEF Project ID: 10740

GEF Period: GEF 7

Project Type: Medium-size Project

Focal Areas: International Waters

Implementing Agency: World Wildlife Fund, Inc - US Chapter

Executing Agency: Stanford Center for Ocean Solutions

Partners: Micronesia Challenge Regional Office, Micronesia Conservation Trust, Marshall Islands Marine Resources Authority – MIMRA (RMI), Department of Resources and Development – R&D (FSM), and Ministry of Agriculture, Fisheries and the Environment – MAFE (Palau)

Funding Source: GEF Trust Fund

GEF Project Grant: USD $ 2,000,000

Co-Financing: USD $ 3,653,491

GEF Agency Fee: USD $ 180,000

Total Cost: $5,703,491

Project Approved for Implementation: August 30, 2021

Project Duration and Start Date: Three years beginning on April 1, 2022

Project Documents:

GEF CEO Endorsement:

Safeguards Categorization and Compliance Memo:

For Additional information: