The unique World Fund for Coral Reefs (GFCR) REEF+ Accelerator will again as a convening platform to pressure finance and recordsdata for bankable coral reef solutions globally.
Developed by the Conservation Finance Alliance (CFA), the United Countries Pattern Programme (UNDP) and Ubuntoo, the REEF+ Accelerator showcases reef-sure solutions supported thru GFCR-blended finance programs as effectively other replicable enterprises and finance solutions identified globally.
The initiative became launched for the length of the 15th assembly of the Convention of the Parties (COP15) to the UN Convention on Biological Diversity in Montréal, Quebec, Canada.
REEF+, now in its first section, already hosts a catalogue of 170 solutions and 60 recordsdata posts, all with most likely to scale and replicate for major world impact.
In subsequent phases, the digital platform will magnify its database of enterprises, finance tools and recordsdata merchandise, as effectively as integrate capacity constructing, impact monitoring, and enhanced connectivity amongst customers, entrepreneurs, and practitioners.
Chuck Cooper, GFCR Govt Board Chair representing the Paul G. Allen Family Foundation, acknowledged:
“GFCR’s REEF+ platform might possibly well well help catalyze action to enact the World Biodiversity Framework desires and targets, and again as a hub for the coral reef neighborhood to fragment recordsdata and ideal practices, identify confirmed approaches, and fade investments that attend coral reefs and present returns for customers.”
At COP15, GFCR moreover launched a brand unique partnership with the Blue Nature Alliance (BNA) to approach sustainable ocean financing. The unique GFCR-BNA areas of collaboration will consist of:
- Coordination of efforts and joint programming to preserve and restore coral reef ecosystems
- Pattern of ocean-related monetary mechanisms
- Monitoring and review of prioritized areas
- Data sharing and strategic advocacy activities
Each and each GFCR and BNA are emphasizing the urgent must scale action for native climate-resilient coral reef ecosystems, along with interventions to carve native drivers of deterioration and toughen marine protected areas.
For more recordsdata, breeze to www.GlobalFundCoralReefs.org.
