Munje co-management area is a home to several species of flora and fauna, such as hard and soft corals, several species of fish, various species of mangroves, seagrasses, turtles, crabs, sponges, shells algae, etc. These species support functioning of the Munje co-management area. Social economic conditions are such that over 50% of households in Munje community depend on fishing, while others rely on small-scale trade and farming. Daily average earning is between 1 to 3 dollars per day. Various legislations, anchored in different institutions, support establishment and implementation of co-management area, principal among them, the Fisheries Management and Development Act, No. 35 of 2016. Others are, the Wildlife Conservation and Management Act, 2013, Environmental Management and Coordination Act (EMCA) No. 5 of 2015), Kenya Forest Act, No. 34 of 2016, Merchant Shipping Act No. 4 of 2009, Revised 2012, Kenya Coast Guards Act No. 11 of 2018, etc. 
Key stakeholders operating within the co-management area were also identified. They included government and parastatal institutions (KeFS, KCGS, KFS, KWS, KMFRI, KFRI, CDA, NEMA, County government, local administration), academia (Technical University of Mombasa), private sector (Aramesh Ltd, Funzi Keys, Msambweni Beach House and Base Titanium), local CBOs (Tunusuru Conservation Women Group and Siwema-Jikaze Conservation Group) and NGOs (CORDIO and COMRED). These institutions will be important during establishment of the co-management area and implementation of this plan due to their
varying degrees of interests and power.