Creación del Fondo de Inversión Sostenible de la Reserva Marina de Galápagos

The GNPS updated the value of the Tourist Operation Patent (annual permit to operate in the GMR, which had not been updated for more than 20 years). This value is updated each year based on the unified basic salary SBU in force in Ecuador, the formula multiplies the Net Registration Tonnage of the vessel by 80% of the SBU. The state charged 492,000 USD for 162 tourist vessels, with the increase the charge will be progressive, in 2018 will be collected 1’902,847 USD; in 2019 2’885,540 USD; and from 2020 3’915,312 USD. The trust will decrease the financial dependence on the State for the control of the GMR, with the capitalization will generate financial sustainability. This seed capital will be covered 50% by the State and will be financed by patents. The other 50% will be covered by cooperation funds. The trust will have a capitalizable fund of 20’000000 USD, which will generate an average interest of 1’400000 USD per year, thus allowing the financing of the activities of the GMR.

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