Financial Mechanisms
Biru Fund
This facility will deploy grant and recoverable grant investments into reef-positive businesses.
Land-Based Pollution
Aquaculture Practices
Overfishing and Destructive Fishing
Wastewater
Rising Oceanic Temperature
The Biru Fund is a recoverable grant facility being developed in Indonesia to support early-stage, reef-positive community enterprises that are not yet ready for commercial investment. Led by YKAN under the KORALESTARI programme, the fund aims to fill a critical pre-commercial financing gap by providing catalytic capital and technical assistance to businesses in sectors such as sustainable aquaculture, seaweed, ecotourism, fisheries, and waste management. Through a revolving fund structure, the Biru Fund is designed to recycle capital, strengthen local value chains, and help enterprises become investment-ready while delivering measurable benefits for coral reef conservation and coastal communities.
Region Asia
Country Indonesia
GFCR Programme KORALESTARI (Sustaining Indonesia’s Coral Reefs through Bankable Conservation and Restoration Initiatives)
GFCR Convening Agent Yayasan Konservasi Alam Nusantara (YKAN)
Sector Financial Mechanisms
Stage Concept/Design
Key Contact Ahmad Baihaki
