1. Bay of Bengal Large Marine Ecosystem Project (BOBLME) Co-financing Strategy

2. Background & perspective BOB 2900 km x 1600 km 8 countries (Bangladesh, India, Indonesia, Malaysia, Maldives, Myanmar, Sri Lanka, Thailand) 1.5 billion people (25% world) –400 million in coastal catchments –Expected growth 20% by 2015 Large fishing dependency –Part-time & small scale Small GDPs –High level of poverty

3. Project objectives  Development objective : –Enhanced food security, reduced poverty for coastal communities  Environmental objective: –Strategic action plan (SAP) for BOBLME to protect the ecosystem and manage the living marine resources in a sustainable way. Better understanding of the priority issues Improved capacity to manage resources Improved institutional and policy framework

4. Identified priority issues/needs  Overexploitation of living marine resources  Priority transboundary species  Indian mackerel (IBMTM)  Hilsa (IBM)  Sharks (All)  Critical habitats  Mangrove  Coral Reefs  Sea grasses  Land-based pollution

5. Project Components Strategic Action Program (SAP) Coastal/Marine Natural Resources Management and Sustainable Use Improved Understanding and Predictability of the BOBLME Environment Maintenance of Ecosystem Health and Management of Pollution Project Management, Monitoring & Evaluation, and Knowledge Management

6. Financing Plan Project: GEF resources:USD 12 082 100 Co-financing: 18 911 400 TOTAL30 993 500 PDF-B: GEF 699 800 Co-financing 1 200 687 Sub-total 1 900 487 GRAND TOTAL32 893 987

7. Co-financing Plan Name of co- financier (source) ClassificationTypeAmount% NorwayBilateralGrant1,200,000 6.4 SidaBilateralGrant1,288,9006.8 SidaBilateralOther9,522,50050.4 NOAAGovernment agency In kind400,0002.1 FAOInternational Organzation In kind800,0004.2 BOBLME Governments RecipientsCash2,200,00011.6 BOBLME Governments RecipientsIn kind3,500,00018.5 PDF-B Co- financing BOBLME countries, Sida, Japan, FAO, NOAA, WB Cash & in kind1,200,687 TOTAL Co- financing 20,112,087100

8. BOBLME National Governments Co-financing Cash contribution: US$2.2 million - US$275 000 per country over the life of the project, or US$55 000 per year :  Cost of a full-time contracted national technical advisor/assistant and secretary for the National Coordinator (NC);  Pro rata portion of the salary of the NC;  Associated communications and facilities costs for work on the project;  In-country costs associated with sponsoring project-related national workshops and the participation of national representatives (estimated at US$24 000 per year per country over five years) US$5.7 million – Cash and in kind over 5 years

9. BOBLME Governments In Kind Co-financing In-kind contribution: US$3.5 million - US$437 500 for each country over five years, or an annual in-kind contribution of US$87 500 per country per year  National counterpart salaries for workshops, training and local travel, but not international travel;  Pro rata portion of the salary of the Project Steering Committee member(s);  Pro rata time of the National Task Force members;  Pro rata costs of office space of the National Coordinator, national technical advisor/assistant and secretary;  Pro rata costs of staff and consultant time to bring results of assessments and lessons learned from other complementary projects/initiatives which directly benefit the activities of the BOBLME project.

10. Host Government Contribution Estimated USD 1million Provision of appropriate office space (10 staff plus short-term consultants, library, meeting room) Related office operational costs and utilities; 3 support staff (secretary, driver, and cleaner); Security

11. Parallel Co-financing Other donor-funded post-tsunami ongoing and planned initiatives critical to project –Mangroves for the Future (under discussion – redirected or leveraged?) –Assessments  Fisheries  Mangroves  Coral reefs  Regional environmental assessments –Fisheries projects –Livelihoods projects

12. THANK YOU!