Prince Albert II of Monaco calls on financers to join the MedFund
published on 01 January 2021
The One Planet Summit was the opportunity for Prince Albert II of Monaco to reiterate the MedFund’s mission since its foundation in 2015: to strengthen the development of Marine Protected Areas (MPA) in order to protect fragile Mediterranean marine ecosystems, with Monaco, France and Tunisia as founding members.
With ecosystems in the Mediterranean under severe strain, this environmental fund has already facilitated the sustainable financing of 8 MPAs in 4 countries, thus preserving their fragile ecosystems.
The MedFund aims to reach a capitalisation of €30 million by 2025, which will provide long-term support for some twenty MPAs.