As part of the implementation of the Conservation and Communities Project (CCP) aimed at strengthening and empowering local communities in natural resource management and biodiversity conservation, USAID Madagascar supports two activities: knowledge management for biodiversity conservation (Hay Tao) and on-site interventions for biodiversity conservation (Mikajy). The USAID Hay Tao project, which focuses on knowledge management at the national level, works in collaboration with the USAID Mikajy project to support biodiversity conservation and sustainable management of natural resources while promoting climate resilient livelihoods.
Through Strategic Approach 3: "Identify and Encourage Innovative Financing Options for Conservation", one of USAID Hay Tao's activities is to create synergy with national initiatives for capital valuation (NCV) to improve decision-making for private sector investments based on information on stocks of this capital, and to test innovative conservation funding activities adapted to the Menabe and MaMaBay landscapes. (Masoala-Makira-Antongil Bay). The proceeds from these activities will enable USAID Hay Tao to support natural capital account-based communication, highlighting the implicit and explicit social benefits of ecosystem services and focusing on the direct impacts of livelihoods. In addition, USAID Hay Tao will explore the use of scenario modeling tools such as the WAVES, CECN, InVEST and other models and will provide technical assistance and mentoring services to key stakeholders (government agencies, area managers protected areas, civil society organizations and the private sector) in their use.
Preliminary work to capitalize national experiences (information gathering and pre-analysis) on country experiences under the WAVES Program and the Biodiversity / IOC Project mobilizing the CECN tool, was conducted by the USAID Hay Tao technical team. This work made it possible to compare the WAVES and CECN tools and understand the different obstacles / major challenges encountered in establishing ecosystem biophysical and monetary accounts.
In order to further deepen the status of play on the political, institutional and even legal aspects of NCV but also to provide the USAID Hay Tao and Mikajy team with initiations in this area, USAID Hay Tao wants to recruit an international expert consultant in this area.
Following the results and recommendations of this expert, in particular with regard to the appropriate and relevant tool(s) for the country, in order to carry out estimating the economic values of natural capital, another international expert will then be recruited to test the recommended modelling tool and training technicians who will be required to apply it in the sites of USAID Mikajy.