JORDAN
Jordan's Gulf of Aqaba reefs are the northernmost coral ecosystems in the Red Sea, known for their resilience to climate change and ecological value.
Priority Locations
- Aqaba Marine Reserve
- Aqaba Southern Industrial Site
- Northern Deep Corals
Partners
Convening Agent: United Nations Development Programme (UNDP) Jordan Country Office
Key Implementing Partners: Aqaba Development Corporation (ADC) — the Aqaba Special Economic Zone Authority (ASEZA), Food and Agriculture Organization (FAO), Aqaba Marine Reserve (AMR), UN Environment Programme (UNEP), The Reef-World Foundation
2030 Targets
400 HA
Coral reefs under conservation and sustainable management target
$40M
Private investment, returns & co-financing leverage target
Overview
The Gulf of Aqaba Resilient Reefs Programme aims to catalyse greater private investment into reef-positive enterprises for the benefit of Aqaba’s uniquely resilient coral reefs, marine life, and communities. The programme will work through a blended finance approach to protect Aqaba’s coral reef climate refugia, advance science on reef resilience and restoration, and establish sustainable finance mechanisms for MPAs and area-based conservation measures. The initiative will also support the establishment of a Centre for Sustainable Blue Economy Innovation to accelerate the development of reef-positive business models, especially in the ecotourism, aquaculture, and waste management sectors.
