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PREM Working Paper 05-14 - Financial sustainability of the Hon Mun Marine Protected Area

Author(s)Pham Khanh Nam, Tran Vo Hung Son, Herman Cesar, Richard Pollnac
Co-Author(s)
Date2006-01-23
Theme(s)Policy and Trade, Fisheries, Biodiversity
Method(s)Social Analysis, Policy Instruments
Serie(s)Working Papers

Summary

This study explores the relationship between economic values of coral reefs, coastal poverty, and policy interventions in Vietnam, using the Hon Mun Marine Protected Area (MPA) as a case study. Hon Mun was set up in 2001, and is currently funded by a 4-year US$ 2 million programme (principally supported by international donors). This financial support has ensured sound management of its natural resources: it is recognized as a well-run MPA. In the long term, continued management would provide greater net benefits (particularly in terms of fisheries and tourism) than a ‘no management’ scenario. Yet to ensure future management, Hon Mun needs to develop its own sustainable and autonomous financing regime.

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Full DocumentPREM WP 05-14.pdfPDF DocumentDownload

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