Blue Finance, Mirova, and Ministry of Blue Economy of Belize Announce New Partnership

Blue Finance, Mirova, and Ministry of Blue Economy of Belize Announce New Partnership

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Mirova, IUCN, Blue finance and ministry of Blue Economy of Belize announce their partnership in an innovative blended finance facility to improve the management of Belize’s marine protected areas & contribute to its blue economy.

The US$1.2 million facility allows the Marine Protected Area co-manager, Turneffe Atoll Sustainability Association (TASA), to implement a number of sustainable revenue-generating initiatives and enhance the protection of the 132,000 hectares of spectacular coral reef ecosystems. The investment will have a positive impact on the local economy, including coastal fisher communities.