Co-management is a collaborative approach where two or more parties share responsibility for managing a resource or project. This method often involves stakeholders such as government agencies, local communities, and non-profit organizations working together to achieve common goals. By pooling their expertise and resources, they can make more informed decisions and enhance the effectiveness of management efforts. In co-management, each party typically brings unique knowledge and perspectives, which can lead to more sustainable outcomes. This approach is commonly used in areas like natural resource management and conservation, where diverse interests must be balanced to protect ecosystems while supporting local livelihoods.