financing_conservation
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Fund Sources
Conservation fees paid by visitors are the chief source of funding, providing 54% percent of the annual budget. Grants from NGO’s and the private sector make up 32% of the budget. Also called restricted funds, these resources are earmarked for specific activities and projects:
Over the past five years, 14 percent of management expenditures have been provided by the Provincial Government of Palawan. These government funds have been used for personnel salaries, fuel and enforcement equipment. Funds from all sources are deposited in the TRNP Trust Fund, administered by the Tubbataha Protected Area Management Board. Expenditures: How Conservation Fees Are Spent
The bulk of expenditures go to field operations. Personnel salaries follow closely, as the Tubbataha Management Office employs 12 full time staff. Although reef research and monitoring are costly activities, they were allocated only 4% of funds from the conservation fee as WWF-Philippines, the UNESCO-World Heritage Centre, the Global Mala Project and other partners contributed towards research costs. Conservation awareness activities were covered by Pilipinas Shell Foundation, Inc., and Conservation International-Philippines with help from other partners. We are currently looking for sponsors to fund the following projects:
If you are an individual, or represent a business or organisation that would like to partner with us or sponsor a specific project please contact us at tmo@ovalteam.com
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