Page 17 - Livre_MOW2021_EN

A BUSINESS MODEL
TO SAVE CORAL REEFS | 15

BEFORE

Agricultural
run-off
Mangrove
degradation Coastal
development
Overfishing
THE GFCR SUPPORTS
THE PHILIPPINES
The blended finance programme
managed by Blue Finance in the
Philippines, which targets three coral
reef areas, has received the GFCR’s
Land-based pollution
support for an amount of $350,000.
and litter
Income-generating activities will
include eco-tourism, blue carbon,
sustainable fishing and aquaculture.
The grant will help to develop versatile
funding dedicated to the effective
management of over 200 marine
protected areas in the Philippines,
Source: globalfundcoralreefs.org hoping to secure $50 million in

investment capital by 2030.

THE GFCR SUPPORTS FIJI
Funding earmarked for Fiji
AFTER
($1 million in 2021) will help develop
reef-positive business models and
Wastewater include sustainable management
CO 2 management
of the Fiji marine protected area
Offshore network. Associated with educational
renewable
energy Litter cleanup programmes, the GFCR programme
will also support a change in farming
practices (non-synthetic fertiliser
for sugar cane plantations), the
development of sanitary landfill and
Sustainable
fisheries
Marine a waste collection system limiting
the spread of toxic pollutants in
protected areas
Seaweed
mariculture mangrove swamps and reefs. The
Monitoring
and evaluation result of collaboration with United
activities
Nations agencies (UNDP, UNCDF,
UNEP), WWF-Pacific, Matanataki, Blue
Sustainable marine
ecotourism Finance, local stakeholders and the Fiji
government, this programme hopes
to secure $50 million in investment
capital by 2030.

Reef restoration