Discovery Early Career Researcher Award - Grant ID: DE240100092

Funder

Australian Research Council

Funding Amount

$419,845.00

Summary

Sustainable Business Models for Marine Conservation. Marine conservation remains severely underfunded, with the private sector increasingly promoted as a solution. This project investigates under which circumstances sustainable business models can be developed to generate profit alongside positive marine conservation outcomes. By collecting data from coastal stakeholders in Fiji and the Philippines, the project will conduct the first in depth examination of relationships between the institutiona .... Sustainable Business Models for Marine Conservation. Marine conservation remains severely underfunded, with the private sector increasingly promoted as a solution. This project investigates under which circumstances sustainable business models can be developed to generate profit alongside positive marine conservation outcomes. By collecting data from coastal stakeholders in Fiji and the Philippines, the project will conduct the first in depth examination of relationships between the institutional, financial, and business aspects of marine conservation. Expected outcomes include enhanced cooperation and decision-making among entrepreneurs, investors, and environmental managers – to implement solutions to effectively and equitably safeguard ocean resources, ecosystems, and coastal communities.
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