Ambatovy eBooks - page 57

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BBOP Pilot Project Case Study – Ambatovy Project
8. Implementation Plan and
Long-term Management
The team plans to complete the design of the offset implementation plan by the end of 2009, with the
Ankerana and other offset sites’ gain calculated in early 2010 and thus the final offset design completed at
that point. The Ministerial Protection Decree should be ready by June 2009, thus allowing the Project to
legally implement the management of the core and multiple use buffer area of the Ankerana part of the offset.
While the ESIA stated the Project’s commitment to establish a biodiversity offset at Ankerana, no timing
commitment was made. The offset establishment is therefore assumed to be in line with the Project’s
temporal goals. The Project is establishing the offset to last the Project’s lifetime of 30 years and beyond. The
establishment of a Ministerial Protection Decree is underway and the financing mechanisms are being
discussed. Actions and timings are summarised in Figure 12.
Figure 12: Actions and timings (2004-onwards)
The Project will have the responsibility of ensuring the management of the Ankerana site. Actual site
protection and local management will likely be entrusted to an NGO. The exact mode of financing has not yet
been defined precisely. An in depth financial assessment will be conducted to determine the most viable
means of ensuring long term financial revenue to support site protection.
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