Enhancing marine conservation in Belize with the participation of local stakeholders, for wider regional benefit
The Belize Marine Fund (BMF) is an initiative and financial mechanism established within the Mesoamerican Reef Fund (MAR Fund). The BMF, launched in November 2016 at the 18th RedLAC Annual Assembly in Brasilia, Brazil, was created through a US$ 10 million endowment challenge grant from the Oak Foundation, owing to the transition of the Foundation’s own Mesoamerican Reef Programme from the region. MAR Fund must raise US$ 15 million as a match to mobilize the Oak Foundation commitment. The vision of the BMF is to provide long-term financial sustainability for addressing high-priority marine resources management and conservation issues in Belize for greater impact throughout the Mesoamerican Reef Eco-region.
The Mesoamerican Reef remains the largest trans-boundary reef ecosystem. It is recognized for its biodiversity and the source of livelihoods for 1.5 million people living along the Caribbean coasts of Mexico, Belize, Guatemala, and Honduras. The Mesoamerican Reef region is internationally known for being at the forefront of cutting edge and innovative reef management efforts. The region has made significant advancements in marine resources management and conservation over the years. However, there is still much more that needs to be accomplished.
Continued efforts are essential to ensure the protection of fish replenishment zones, spawning aggregation sites across the region, among other strategic conservation needs. Therefore, we must maintain our collective regional and global quest for sustained and vibrant marine resources and oceans. The effort of the BMF in working to sustain some of the most globally important marine resources is a vital step towards realizing our collective goal.