Managed fund categories

Endowment Funds

Institutional or individual contributors provide the FAPBM’s capital. It aims to generate annual revenues in order to finance Madagascar’s protected areas. In 2024, the Foundation’s capital stands at USD 157.2 million.

 

Other funds

Sinking Funds

A sinking fund is entrusted to FAPBM via donors in order to finance specific or non-specific protected areas over a limited period of time, …

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Management Authority Funds

The management authority fund remains the donor’s property. FAPBM is responsible for its management to finance specific projects, …

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Revolving Funds

Repayable funding is allocated as a loan to protected areas for implementing specific projects or activities. The funds are …

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Sinking Funds

A sinking fund is entrusted to FAPBM via donors in order to finance specific or non-specific protected areas over a limited period of time, generally from 3 to 5 years.

FAPBM currently manages a sinking fund. It is a fund resulting from a debt swap between the Malagasy and German governments and allocated to finance 5 protected areas. This initial amount of this sinking fund was EUR 8.5 million.

Management Authority Funds

The management authority fund remains the donor’s property. FAPBM is responsible for its management to finance specific projects, such as technical assistance, safeguarding plan, protected area creation, information and awareness-raising activities, or compensation program.

Revolving Funds

Repayable funding is allocated as a loan to protected areas for implementing specific projects or activities. The funds are replenished as protected areas repay their loans, so that new loans can be granted to other projects or activities.