The Pre-SOM the 19th Senior Officials’ Meeting (SOM-19) and the 9th Ministerial Meeting (MM-9)

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2 - 6 December 2024

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Document Date: 03 May 2012
Author: Philippines CTI NCC

The project aims to bring a sustainability perspective to the generation of financial resources for the implementation of the Philippines’ CTI-‐ CFF National Plan of Action. Specifically, the proposal aims to
generate commitment and procure funds from donors that will go into an endowment fund for NPOA
implementation in the Philippines.

This document was presented by the Philippine CTI NCC at the first CTI High Level Financial Roundtable in Manila on May 3, 2012.

Document Date: 03 May 2012
Author: Philippines CTI NCC

The proposed Project will design a site-based PES application in one of the coastal municipality in the Philippines. The selection of the municipality will consider the presence of a resort that caters mainly to upscale tourists. The area must showcase ecosystem services which can be “bought” and “sold” on site. These ecosystem services include: aesthetics, recreational enjoyment, and beauty of the place. The management of the municipal waters is with the municipal government, which is by virtue of the Philippines-Fisheries Code and the Local Government Code.

Document Date: 03 May 2012
Author: Philippines CTI NCC

Under the Coral Triangle Initiative (CTI) Philippine National Plan of Action, ICM serves as an overall
framework in pursuing the five goals of the CTI,where a bottom-up approach was utilized in coming up

Document Date: 03 May 2012
Author: CTI Secretariat

CTI-CFF Regional Priorities and Funding Needs presented at the first CTI-CFF High Level Financial Roundtable held on May 3, 2012 in Manila, Philippines.