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.
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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.
The Sanctuary is a marine area of 87,500 sq. km subject to an agreement between Italy, Monaco and France for the protection of marine mammals, which live in it. What makes the Pelagos Sanctuary for Mediterranean Marine Mammals unique is the fact that it is a site managed by three different authorities and includes coastal areas and international waters that form a large ecosystem of major scientific, socio-economic, cultural and educational interest.