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MOL Mauritius International Fund for Natural Environment Recovery and Sustainability’ selects 1st year grant recipient projects and starts grant payment

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TOKYO : Mitsui O.S.K. Line, Ltd. announced that its authorized public trust, the “MOL Mauritius International Fund for Natural Environment Recovery and Sustainability” has selected grant recipient projects for its first year (Chart 1) at the first steering committee meeting in March 2022, and started funding grants at the end of April. The fund was established in November 2021 as a part of MOL’s aid activities to promote the recovery and sustainability of the environment and communities in the Republic of Mauritius.

Organizations in Mauritius and research institutes and organizations in Japan applied for first-year funds for many high-quality projects. After a fair and objective evaluation by the fund steering committee, a total of 11 projects in two categories— “natural environment restoration and conservation projects” and “local community contribution projects.” The total grant amount is about ¥100 million.

The fund selects longer-term and larger-scale projects in comparison to the “MOL Charitable Trust” (Note 2) established in Mauritius in June 2021, and plans with a term up to five years depending on the project (Chart 2). It supports the development of fisheries, tourism, and cultural activities, which are the foundation of the Mauritian economy, as well as recovery and preservation of its natural environment and diverse ecosystems such as mangrove
forests and coral reefs, and research and protection efforts related to wild and migratory birds including endemic species.

The MOL Group specifies “local community contribution activities in Mauritius” in its action plan on the theme of “regional development” in the “MOL Sustainability Plan” (Note 3). It makes concerted group-wide efforts to continue its activities with people in Mauritius so that its support can broadly be distributed to the nation and its citizens.
(Chart 2) Outline of authorized public trust ‘MOL Mauritius International Fund for Natural Environment Recovery and Sustainability’ in Japan (upper) and ‘MOL Charitable Trust’ (lower)


Name of the trust
MOL Mauritius International Fund for Natural Environment Recovery and Sustainability Support (targeting Mauritius)
• Activities related to recovery and protection of the environment and ecosystems in Mauritius. Examples: Restoration, preservation, and research measures related to mangrove forests, coral reefs, and wild birds, including rare species.
• Activities related to development of communities such as fisheries, tourism, culture, and education in Mauritius.
Country/date of establishment
Japan/November 30, 2021
Characteristics of the trust
To provide aid widely and fairly. The general public (corporations and individuals) can also make donations.
The duration of the project is 1 ~ 5 years and supports relatively large projects.
Amount of contribution
Assuming about 500 million yen (part of total 800 million yen in the plan announced in September 2020)
Trustee
Sumitomo Mitsui Trust Bank, Limited
Trust manager
Tokyo Excel Law Firm/Toshiaki Shimoyamada
Members of steering committee
Chairman: Mariko Kawaguchi, Graduate School of Social Design Studies, Rikkyo University
Members: Eiichiro Adachi, The Japan Research Institute, Limited
Toyohiko Miyagi, Geo Customize Mapping Unit
Hiroya Yamano, National Institute for Environmental Studies
Taku Mizuta, Yamashina Institute for Ornithology
Naoki Tojo, Faculty of Fisheries Sciences, Hokkaido University

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