IbizaPreservation renews funding commitment to its key projects for another year as it presents 2019 annual report

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IbizaPreservation renews funding commitment to its key projects for another year as it presents 2019 annual report

IbizaPreservation renews funding commitment to its key projects for another year as it presents 2019 annual report

Despite economic impact of Covid-19 crisis, foundation underlines dedication to helping to build a sustainable future for Ibiza and Formentera

Ibiza, 27-07-20 – IbizaPreservation has announced that it has committed €211,000 in funding to all of its key conservation projects through the next year, in spite of the economic difficulties brought on by the Covid-19 crisis.

The amount committed is roughly equal to the level of funding granted the previous year, made possible by the foundation reducing its operating costs as far as possible in the face of the global pandemic. IbizaPreservation continues to seek additional support from other sources, including corporate sponsors and foundations, in order to supplement this initial seed funding and increase the projects’ capacity.

Presenting its 2019 annual report, the not-for-profit foundation, which works to preserve Ibiza and Formentera’s land and sea, confirmed that its four main initiatives – Ibiza Produce, Plastic Free Ibiza & Formentera, Posidonia Protection and the Sustainability Observatory – would all continue at least until the end of their current three-year terms in July 2021.

“In these unprecedented times, with so much uncertainty over the future, it can feel difficult to celebrate the successes of the past. But IbizaPreservation’s many achievements in 2019 are what stand the Foundation in good stead to weather the storm of 2020 and beyond,” said Philip Muelder, Chair of IbizaPreservation, in the report’s foreword.

The 2019 annual report, entitled “Measuring Our Impact”, details how the four projects went beyond the Key Performance Indicators (KPIs) set by the organisation’s Patronato (board) in nearly all areas.

Ibiza Produce, an initiative which seeks to reinvigorate by island’s agricultural sector by promoting the consumption of local produce, has become a reference point for both consumers and producers, gaining more than 3000 subscribers and followers across its digital platforms within a year of launching.

Plastic Free Ibiza and Formentera, a movement made up of around 15 local NGOs and promoted by IbizaPreservation, signed up more than 100 local businesses – including the iconic Pacha and Palladium Groups – to its new plastic-free certification scheme.

The foundation also helped to consolidate the Posidonia Protection project led by Manu San Félix’s Vellmarí Association. Among other things, IbizaPreservation contributed financial support in the form of grants to local children, enabling around 270 to attend dive camps in Formentera, where they learnt about the importance of the seagrass meadows in the marine ecosystem.

Meanwhile, the Sustainability Observatory, launched in 2018, presented its first annual study last year, having collected and analysed data across around 80 environmental indicators such as water consumption, waste management and energy use. Its report has served as a key planning tool for the island’s institutions and has been widely taken up by local, national and even international news media.

The annual report also highlights another first for 2019: the staging of the inaugural Marine Forum of Ibiza and Formentera. The two-day symposium, held in the Cultural Centre of Jesús, was the result of a collaboration between IbizaPreservation and a group of respected and influential local foundations and businesses. The aim is for the forum to become an annual reference point for the discussion of marine conservation issues and the monitoring of commitments to improve the quality of our waters by 2030.

“In 2020, our priority is to build upon the achievements of 2019 by renewing our commitment to all our strategic projects and promoting alliances with partners from all sectors,” said IbizaPreservation’s Executive Director, Sandra Benbeniste. “We are facing complex challenges and we need engagement and support from all stakeholders in order to ensure our islands become truly sustainable.”