Global Fund for Coral Reefs
Release of Investment Plan and approval of fund dispersal
At its second meeting, the Executive Board of the Global Fund for Coral Reefs (GFCR) approved funds to support the development of a blue economy regional programme in the Mesoamerican Reef, as well as for the development of a sustainable revenue stream initiative for Marine Protected Area management and enforcement in Indonesia.
Additionally, the Executive Board endorsed an Investment Plan, developed by the CFA, outlining a strategic vision that unites GFCR conservation and sustainable finance goals for coral reefs and reef-dependent communities.