This facility supports Marine Protected Areas (MPAs) in regenerating coral reef biodiversity and improving food security for coastal communities, and builds innovative Blue Economy reef-positive enterprises around these protected areas. These businesses help alleviate poverty and generate long-term income for our stakeholders.
The first impact loan facility transforms protected areas and livelihoods through investment in Blue Economy social enterprises.
© Background image: Grace Catapang
Marine Protected Areas are among our most effective tools for regenerating the planet’s marine biodiversity and developing viable revenue streams to support vulnerable coastal communities. Our MPAs are organised into networks, with each network requiring an average of USD 600,000 per year for effective management.
We establish reef-positive businesses around the MPAs in sectors such as responsible ecotourism, community-based aquaculture, blue carbon credits and sustainable fisheries. Each business helps to address drivers of coral reef ecosystem degradation, alleviate poverty and food insecurity in local communities, and contributes financially to MPA management through either dividends or revenue sharing, or a combination of both.
We combine grants with the Blue Finance impact loan facility. Grants fund the management of MPAs until they can be supplanted by income from reef-positive businesses. The impact loan facility provides initial working capital and equipment for these businesses.
We continue to seek like-minded partners. By collaborating with us, you can show your support for the regeneration of 1.8 million hectares of vibrant coral reef ecosystems in 115 MPAs across Indonesia, the Philippines, Tanzania, and Cabo Verde, and directly improve livelihoods and food security for some 110,000 local community members.
© Background image: Christian Manalo
Together, we are transforming protected areas and empowering communities through investment in reef-positive Blue Economy businesses.
For each business, we conduct an Environmental & Social Due Diligence (ESDD) study. The following standards form the reference framework for our ESDD studies:
Impacts are monitored and reported through 6 Key Performances Indicators (KPIs) on fish biodiversity regeneration, effective management of coral reef MPAs, food security and livelihood enhancement for local communities, new MPA jobs, carbon avoided emissions, and sustainable revenues for conservation.
KPIs and monitoring follow the following standards:
All KPIs undergo annual verification and certification. The French National Centre for Scientific Research (CNRS) is responsible for verifying and certifying the KPIs. For KPI 1 (fish biomass), and KPI 3 (fishery productivity), their review includes assessing the data collection methods, input accuracy, statistical analysis to ensure the coherence of the outcomes before certifying the results. For KPI 2 (MEAT Score): information is gathered through interviews conducted by CNRS with the MPA manager and key local stakeholders. They then calculate the MEAT score at both the individual MPA and consolidated levels. For KPIs 4 (Number of Jobs) and KPI 5 (People supported), verification involves reviewing the MPA personnel registry, RPB records, field reports, and training documentation to confirm and certify the reported results.
If blue carbon credits are issued, KPI 6 will be verified by independent external experts.
Our innovative impact loan facility for coral reef conservation has been featured on various marine conservation and blended finance platforms.
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