Toolkit: Derelict Fishing Gear Retrieval, Planning your project, Project budget

See also: Your local situation | Objectives | Project results

The cost of a DFG project will vary greatly depending on the size of the project (the number of vessels and persons participating and their number of days at sea), the data collection and analysis required as well as the communication activities undertaken. The most significant cost items are likely to be the costs of labour (project coordinator(s), vessel crew and, if they are used, divers), fuel and fees for the disposal or recycling of the nets. The project management and the waste management costs might be partly covered by an in-kind contribution from your own organisation or waste management organisations. 

A project budget template for DFG projects is available for download. 

Costs categories to be taken into account when planning your budget are:

Costs can be calculated per operational day, per unit of DFG and per unit of habitat area restored. Operational days include vessel transit to and from the retrieval site, actual retrieval operations and unloading and storage in the port of the retrieved DFG. 

Your project budget will be the basis for developing your funding strategy and approach potential project sponsors. You will find more guidance on seeking funding for your project in the section Funding for your project.

This section discusses the project team and the stakeholders that may participate in your project, in particular the following:

Other stakeholders that could support your project, but that are not discussed in more detail in this Toolkit include for example:

Stakeholder Overview Table is available for downloaded, providing a more detailed overview of the stakeholders that may be involved directly or indirectly in a DFG project.

Potential stakeholders in DFG retrieval projects
Budget template for DFG retrieval projects