Countries often face situations where biodiversity is not positioned on the national agenda and, in that scenario, developing financial mechanisms or mobilizing resources will be much more difficult than when biodiversity is in the mainstream of the country. Safeguarding diverse ecosystems ensures invaluable services essential for sustainable development and improvements in human wellbeing.
Develop national vision
As a Large Ocean Nation, as well as Small Island State, Palau's President has agreed to protect 80% of its waters. The Palau government has also committed to grow various revenues to offset and economically benefit from the creation of this massive no-take marine reserve.