Timeline
Creation of FAPBM
On the initiative of Conservation International (CI), WWF and the Malagasy government. Léon Rajaobelina (CI) and Jean Patrick Paddack (WWF) pioneered the implementation of the sustainable financing mechanism to conserve protected areas and biodiversity in Madagascar.
Capital endowment by Conservation International
of USD 1,000,000
Appointment of Léon Rajaobelina
as President of the FAPBM Board of Trustees.
Capital endowment by WWF
of USD 1,000,000.
Capital endowment by the Malagasy Government
of EUR 1,725,837.
Signature of grant agreements
with the Agence française pour le Développement for EUR 2,000,000 and the French Global Environment Facility for EUR 1,000,000
Provision of an IDA sub-grant
under the Environmental Program 3 standing at USD 10,000,000.
First FAPBM financing operations
In favor of 6 protected areas (Ankarafantsika, Marojejy, Andringitra, Andranomena, Kirindy and Tsimanampetsotse).
Signature of the Debt Reduction and Development contract with the French Government
for an amount of EUR 13,325,000.
Capital endowment by the World Bank
of USD 3,500,000.
Appointment of Sahondra Rabenarivo
as President of the FAPBM Board of Trustees.
Capital endowment by KfW
of EUR 5,000,000
Affiliation to the Consortium of African Funds for the Environment (CAFÉ)
as founding member.
Capital endowment by the Global Environment Facility (GEF)
of USD 10,000,000.
IUCN Membership granted
Capital endowment of Conservation International
of USD 2,000,000.
31 protected areas supported (3,000,000 Ha)
12 of which acquired permanent protection status.
Appointment of Barijaona Ramaholimihaso
as President of the FAPBM Board of Trustees.
Capital endowment of KfW
of EUR 22,000,000
Financial Management of World Bank program funds
for the implementation of Environmental and Social Safeguard Plans (ESSPs) in 13 protected areas.
Appointment of Sahondra Rajoelina
as President of the FAPBM Board of Trustees.
Signing of the first Offset grant with QMM
(Qit Minerals Madagascar, a subsidiary of Rio Tinto) for Agnalazaha protected area.
Affiliation to the Conservation Finance Alliance (CFA)
Capital endowment by Conservation International
of USD 4,500,000.
36 protected areas supported (3,500,500 ha)
representing 50% of the surface area of the Madagascar Protected Areas System (SAPM).
Capital endowment by the Agence Française pour le Développement
of EUR 8,000,000
Appointment of Anitry Ny Aina (Nanie) Ratsifandrihamanana
as President of the FAPBM Board of Trustees.
Capital endowment by KfW
of EUR 45,700,000
Capital endowment by KfW
of EUR 10,000,000
Appointment of Bruno Rajaspera
as President of the Board of Trustees.
Capital endowment by the Agence Française pour le Développement
of EUR 5,000,000
Capital endowment of Conservation International
of USD 40,000
