The MedFund - Fondation Prince Albert II de Monaco

Enriched family-office · Found: 2026-03-11 08:12

The MedFund is an environmental trust fund based in Monaco and dedicated specifically to the financing of marine protected areas in the Mediterranean.

Source: https://www.fpa2.org/en/initiatives/the-medfund-004

Funding Details

Funder

The MedFund

Funding Goal

Sustainable financing of marine protected areas (MPAs) in the Mediterranean. Grants cover recurrent MPA management costs including human resources, equipment maintenance, surveillance and enforcement, governance and stakeholder engagement, public awareness, scientific monitoring, climate change adaptation measures, and promotion of socio-economic activities.

Funding Amount

Multi-year grants; total committed to date exceeds EUR 7 million across 22 MPAs in 8 Mediterranean countries

Deadline

Annual; Call 2025 Phase 1 deadline was 15 May 2025, Phase 2 deadline was 13 July 2025 (periodic)

How to Apply

Two-phase process: Phase 1 - Expression of Interest form submitted via email to contact@themedfund.org; Phase 2 - Full Application Form, Activity Description File, and Funding Request submitted via email to contact@themedfund.org.

Target Region

Mediterranean Basin - priority countries: Albania, Algeria, Croatia, Greece, Lebanon, Morocco, Montenegro, Tunisia, Turkiye

Contact

contact@themedfund.org; The MedFund, Monaco

Official Page

https://themedfund.org/en/become-a-beneficiary/

Last Checked

2026-05-07 03:51

Application Checklist

Eligibility

• Applicant must be an officially established MPA or at advanced stage of establishment
• Must have an up-to-date management plan or minimum management guidance document
• Must have a dedicated management unit in place

Project Scope

• Priority countries: Albania, Algeria, Croatia, Greece, Lebanon, Morocco, Montenegro, Tunisia, Turkiye

Required Documents

• NGO applicants must include letter of approval/support from national MPA authorities
• Submit Expression of Interest form via email to contact@themedfund.org (Phase 1)
• Submit full Application Form, Activity Description File, and Funding Request (Phase 2)

Constraints

• Grants cover recurrent management costs only (not capital investment)

Summary

The MedFund is an environmental conservation trust fund based in Monaco, established in 2015 by Monaco, France, and Tunisia in partnership with the Prince Albert II of Monaco Foundation and the MedPAN network. Its core mission is to provide sustainable, long-term financing for marine protected areas (MPAs) across the Mediterranean Basin. The fund operates as a private non-profit organization that raises and invests financial resources from public and private partners, using the interest yield to award grants to eligible MPA management structures. As of 2025, the MedFund has committed more than EUR 7 million in support of 22 MPAs across 8 Mediterranean countries. Eligible activities covered by MedFund grants include: human resource costs (excluding government salaries), maintenance of equipment and infrastructure, purchase of small equipment, surveillance and enforcement, active governance and stakeholder engagement including co-management activities, public awareness and communication, scientific monitoring of conservation targets, management activities aimed at improving conservation outcomes, support for socio-economic activities, climate change adaptation and mitigation measures, promotion of gender equality, and long-term financial sustainability planning for MPAs. Geographic scope is focused on the Mediterranean. Priority intervention countries for the 2025 call are Albania, Algeria, Croatia, Greece, Lebanon, Morocco, Montenegro, Tunisia, and Turkiye. The fund supports Mediterranean nations and international environmental organizations committed to safeguarding the Mediterranean sea and coastal ecosystems. Eligible applicants are officially established MPAs or those at an advanced stage of establishment, with an up-to-date management plan and a dedicated management unit. Both MPA management authorities and NGOs may apply; however, NGO applications must be accompanied by a letter of approval or support from the relevant national authorities. Applications from NGOs without this letter are considered incomplete and will not be reviewed. The grant call is organized in two phases: Phase 1 requires submission of an Expression of Interest form; Phase 2 requires a complete Application Form, an Activity Description File, and a Funding Request submitted via email. The fund operates on an annual grant cycle; the 2025 call had Phase 1 deadline of 15 May 2025 and Phase 2 deadline of 13 July 2025.

Historical Context

The MedFund was established in 2015 by Monaco, France and Tunisia at the initiative of the Prince Albert II of Monaco Foundation and the MedPAN network. By 2025, it had committed more than EUR 7 million to support 22 MPAs in 8 Mediterranean countries. The 2025 call is the most recent documented round.

Sources

• https://www.fpa2.org/en/initiatives/the-medfund-004
• https://themedfund.org/en/
• https://themedfund.org/en/become-a-beneficiary/

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