Financial Mechanisms
Blue Economy Enterprise Incubation Facility (BE-EIF)
The incubation facility will provide technical and early-stage financial support to help nurture women-led businesses through their growth trajectory.
Land-Based Pollution
Deforestation and Agricultural Conversion
Aquaculture Practices
Overfishing and Destructive Fishing
Mangrove Deforestation
Unsustainable Tourism
Coral Reefs Restoration
Wastewater
Rising Oceanic Temperature
Disease & Invasive Species
Garbage & Solid Waste
Coastal Development
The incubation facility will provide technical and early-stage financial support to help nurture women-led businesses through their growth trajectory. This pilot facility will demonstrate ‘proof of concept’ for new blue business models and act as a catalyst for a vibrant and robust blue economy in Papua New Guinea, to attract private sector support of the blue economy sector and the expansion of marine protected areas. The BE-EIF has made grants to all six of the businesses in Kimbe Bay that are supported by the GFCR programme.
Region Pacific Islands
Country Papua New Guinea
GFCR Programme Gutpela Solwara, Gutpela Bisnis (Good Oceans, Good Business)
GFCR Convening Agent United Nations Development Programme
Sector Financial Mechanisms
Stage Operational
Key Contact Elsie Simeon
