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Financial Mechanisms

Blue Economy Accelerator

GFCR funds for reef-positive businesses

Drivers of Degradation Addressed
Hero backgroundLand-Based Pollution
Hero backgroundOverfishing and Destructive Fishing
Hero backgroundUnsustainable Tourism
Hero backgroundWastewater
Hero backgroundCoastal Development

The Blue Economy Accelerator uses funding from the development banks and technical assistance funded by GFCR to provide loans to reef positive businesses in Micronesia, especially those that were supported by the Livelihood Fund.

Author Yimnang
Region Pacific Islands
Country Micronesia Region
GFCR Programme Micronesia Coral Reefs
GFCR Convening Agent The Nature Conservancy (TNC)
Sector Financial Mechanisms
Stage Concept/Design
Key Contact Yimnang Golbuu
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