Building on agreements among invited project stakeholders during the project’s Inception Workshop held at ADB on 29-30 July 2010, the scope of ADB’s RETA 7307 has been revised to define its focus on knowledge management (KM) and communication in three areas – (i) sustainable finance; (ii) economic studies in support of policy and sustainable financing, including payment for ecosystem services (PES), coastal valuation, and economics of climate change; and (iii) preparation of the State of the Coral Triangle Report (SCTR) – all leading to regional learning and cooperation.
This definition of focus areas was deemed necessary given the fact that the US Government – through the Coral Triangle Support Program (CTSP), the Program Integrator (PI), and the National Oceanographic and Atmospheric Administration (NOAA) – has provided support for a number of activities that are either ongoing or planned for implementation in the other technical areas, such as ecosystem-based fisheries management (EBFM), marine protected areas (MPAs), and seascapes.
The definition of the focus areas was also considered important considering the TA duration and the available TA resources and, therefore, the need for the TA to carve out a niche within the broad CTI regional plan of action (RPOA) and the CT6 national plans of action (NPOAs).
Furthermore, the redefined scope of the TA is also seen as being a perfect match to ADB’s strong economics/finance expertise, as compared to the other CTI development partners whose emphasis is on supporting the implementation of the technical aspects of the CTI POAs. In addition, the CTI interim regional secretariat stressed the need for the TA to prioritize the delivery of knowledge products, particularly the SCTR, which they believe to be a very important output of the RETA.
RETA 7307: Regional Cooperation in Knowledge Management, Policy, and Institutional Support to the CTI envisions the strengthened management of coastal and marine ecosystems in the Coral Triangle by strengthening regional policy dialogue and coordination among national governments and regional entities, in relation to cross-border issues directly affecting the sustainability of the economy of the six countries in the Coral Triangle (CT6) composed of Indonesia, Malaysia, Papua New Guinea, Philippines, Solomon Islands, and Timor-Leste. (Arvin Yana/PRIMEX News)