18
Tue, Nov

Solomon Islands to Pilot New Model of Reef-Positive Finance

Offshore Engineer
As the world looks to COP30 in Belem to deliver ambitious breakthroughs for climate and nature, the World Wildlife Fund (WWF) and the Global Fund for Coral Reefs (GFCR), co-led by the

As the world looks to COP30 in Belem to deliver ambitious breakthroughs for climate and nature, the World Wildlife Fund (WWF) and the Global Fund for Coral Reefs (GFCR), co-led by the United Nations Capital Development Fund (UNCDF), the United Nations Development Program (UNDP) and the United Nations Environment Program (UNEP), have joined forces to drive investment in reef-positive businesses in Solomon Islands.

The initiative aims to help local enterprises grow in ways that protect coral ecosystems, strengthen livelihoods, and support long term climate resilience. The partnership aims to strengthen the resilience of communities by supporting enterprises that depend on and protect healthy coral ecosystems.

Situated within the Coral Triangle, Solomon Islands host some of the most biologically rich and climate resilient reef systems on earth. These reef systems are among the planet’s most valuable ecosystems, alleviating poverty, providing coastal protection, and enabling economic opportunity to millions of people. Yet, local pressures such as overfishing, coastal development, and land-based pollution continue to threaten these reefs, undermining their role in supporting community well-being and climate adaptation.

Implemented in partnership by WWF-Pacific and United Nations Capital Development Fund (UNCDF), the initiative will combine technical assistance, investment grants delivery, and innovative-finance mechanisms to

Content Original Link:

Original Source MARINE TECHNOLOGY

" target="_blank">

Original Source MARINE TECHNOLOGY

SILVER ADVERTISERS

BRONZE ADVERTISERS

Infomarine banners

Advertise in Maritime Directory

Publishers

Publishers