Our Ocean 2024: Alongisde the Foundation funders Pledge 60.8 ...
Enriched family-office · Found: 2026-03-11 08:10
Funding will support countries to deliver on the global 30 by 30 target and strengthen the region's marine biodiversity.
Source: https://www.fpa2.org/en/news/funders-pledge-60-8-million-usd-to-protect-the-mediterranean-sea-08412
Funding Details
- Funder
- Prince Albert II of Monaco Foundation (FPA2) & Partners
- Funding Goal
- Protect the Mediterranean Sea by advancing the 30x30 target — protecting 30% of the Mediterranean by 2030, with 10% strictly protected — and strengthening marine biodiversity in the region.
- Funding Amount
- 60.8 million USD pledged over five years (total estimated need: 277 million USD for Mediterranean 30x30 target) (up to 60.800.000 €)
- Deadline
- 2025 call closed; results by March 31, 2026. Future calls expected annually. (Rolling)
- How to Apply
- FPA2 operates annual calls for project proposals. When a call is open, organizations submit projects via the FPA2 website (fpa2.org/en/submit-a-project). The 2025 session is closed. Applicants are notified of outcomes by email. There is also a separate OACIS Request for Proposals for specialized ocean research. The $60.8M Mediterranean pledge itself is distributed through the participating foundations and is not a single open-application grant.
- Target Region
- Mediterranean
- Contact
- Prince Albert II of Monaco Foundation, Villa Girasole, 16 Boulevard de Suisse, 98000 Monaco
- Last Checked
- 2026-03-11 22:05
Application Checklist
Eligibility
Project Scope
Required Documents
Constraints
Summary
At the Our Ocean Conference 2024 in Athens (April 17, 2024), a coalition of philanthropic organizations pledged 60.8 million USD over five years to support marine conservation in the Mediterranean Sea. The pledge aims to advance the global "30x30" target — protecting 30% of the Mediterranean by 2030 with 10% designated as strictly protected areas. An estimated 277 million USD total is needed to achieve this objective. The Mediterranean currently has only 8.33% of its waters under protection, with merely 0.23% fully or highly protected. The funding addresses threats including climate change, pollution, and unsustainable fishing. Primary donors include the Prince Albert II of Monaco Foundation, Conservation Collective, Critical Ecosystems Partnership Fund, Global Environment Facility, Oceans 5, Pew Bertarelli Ocean Legacy, Bloomberg Ocean Initiative, and Tiffany & Co Foundation. The Prince Albert II of Monaco Foundation (FPA2) itself operates a regular grant program supporting over 800 projects across biodiversity, marine protection, climate action, and water resources. Its geographic focus areas are the Mediterranean Basin, Polar Regions, and Least Developed Countries. The 2025 call for project proposals is currently closed, with applicants to be notified by email by March 31, 2026. Projects can be submitted when future calls open via the FPA2 website.
Historical Context
The pledge was announced at the Our Ocean Conference 2024 in Athens on April 17, 2024. FPA2 has supported over 800 projects to date. The foundation operates through 8 foreign branch offices globally. The Mediterranean pledge involves multiple philanthropic organizations and represents one contribution toward the estimated 277 million USD needed for the Mediterranean 30x30 target.
Sources
- https://www.fpa2.org/en/news/funders-pledge-60-8-million-usd-to-protect-the-mediterranean-sea-08412
- https://www.fpa2.org/en/projects
- https://www.fpa2.org/en/submit-a-project
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