Component 5: Program Development, Delivery and Sustainable Financing
Task Leader: Prof. Dawood Ghaznavi

Aim: Initiate strategies and mechanisms to ensure long-term financial sustainability of the GMS Environment Management Cooperation Program (CEP/BCI).

Activities

• Develop mechanisms for Payment for Environmental Services to BCI pilot site communities
• Preparation of CEP/BCI Investment framework for 2009-2015
• !NEW TEST ITEM: The EOC is currently piloting a new initiative as part of our effort to support knowledge exchanges among the stakeholders. Please follow [this link] to go to GMS-EOC’s discussion board and WIKI on our specialist areas. We will also be posting all information, documentation and news regarding the next WGE SAM. We hope that you will try out this new feature and invite all feedback so we can continue to develop the initiative further. Thank you.
  GMS CEP/BCI Wiki

The objective of this particular component will be to develop financial options essentially based on funds from within the subregion. The Program will be taking another innovative approach here by developing environment service payments mechanisms to be agreed to with specific sectors, such as hydropower and tourism, since a protected natural environment will continue to provide them with the environmental services necessary for their future revenue streams.