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106 | MONACO OCEAN WEEK MAG







                                                                                                        JKarakoy-Gokova Bay
                                                                                                © Mediterranean Conservation Society





























               THE MEDFUND



               EXPANDS ITS ACTION IN



               THE MEDITERRANEAN






               During the Board of Directors meeting held   To date, over €1 million in grants have
               in Monaco during Monaco Ocean Week   been paid to support Mediterranean
               and chaired by Leila Chikhaoui-Mahdaoui,   MPAs, representing a total commitment of
               Tunisia's Minister for the Environment, The   over €4.6 million up to 2027.
               MedFund made several commitments ai-
               med at improving the effectiveness of the   Five new funding agreements were appro-
               management of marine protected areas   ved at the Council meeting to support the
               (MPAs). The latter are recognised as ef-  Katic and Platamuni MPAs in Montenegro,
               fective tools for protecting marine eco-  the Kerkennah MPA in Tunisia, and two
               systems and conserving biodiversity while   high-protection MPAs, the Telascica MPA
               contributing to local development. Howe-  in Croatia and the Datça Bozburun MPA
               ver, due to a lack of human and financial   in Turkey.
               resources, many of the MPAs created in
               the Mediterranean are not effective and do
               not fulfil their objective of preserving ma-
               rine environments. The MedFund's efforts
               are part of this trajectory.
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