Niue Ocean Wide is Niue’s first Public-Private Partnership between the Government of Niue and Tofia Niue, a local non profit organisation. After 7 years of working together to protect Niue’s ocean, NOW is evolving into a Trust – the Niue and Ocean Wide (NOW) Trust which forms the basis of an Indigenous-led fit for purpose financing mechanism to enable long-term predictable and sustainable funding to support Niue’s Ocean conservation, resilience and sustainability into the future. In addition to direct donations and other funding mechanisms, a principle means to raise funding to capitalise the Trust is through the first-of-its-kind ‘Ocean Conservation Commitments’ (OCC). An Ocean Conservation Commitment (OCC) is an innovative financing mechanism that funds the protection of 1 km² of Niue’s ocean waters for 20 years, as well as the development of Niue’s broader natural environment and blue economy.
