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Global Fund for Coral Reefs

The Global Fund for Coral Reefs (GFCR) is a public-private coalition deploying a range of financial solutions and support for sustainable businesses to improve the resilience of coastal ecosystems, economies, and communities.

PORTFOLIO

Hosting both an Investment Fund and a Grant Fund, GFCR’s portfolio focuses on four impact sectors: Sustainable Ocean Production; Sustainable Coastal Development; Circular Economy and Pollution Management; and Financial Mechanisms. 

GFCR’s portfolio ranges from Latin America and the Caribbean to eastern Africa and the Asia-Pacific region, with a notable presence in Small Island Developing States (SIDS). The solutions in this portfolio are dedicated to coral reefs identified by leading scientific studies to have the best chance of surviving climate impacts.

COALITION

The GFCR Coalition is driven by countries, UN Agencies, financial institutions, impact investors, philanthropies, organisations, and the scientific community.

TRANSFORMATIVE CORAL REEF ACTION COMMITMENTS BY UNOC 2025

Days left to the 2025 United Nations Ocean Conference (UNOC). States and philanthropic donors are called upon to step up leadership and resource mobilisation, showcasing commitment and political will to deliver on SDG14 targets and coral reef resilience action. The first UN-backed blended finance instrument for the Ocean aims for full capitalisation by UNOC 2025.

$240M

Target for the GFCR Grant Fund to deploy donor funds as grants and concessionary investments

$500M

Target for the GFCR Investment Fund to deploy in commercial-scale investment

$2-3BN

Target to catalyse from partners including global public and private investors and institutions

This approach informs key 2030 GFCR Coalition targets: