Sustainable Coastal Development

Coral Positive Business Support Facility (CPBSF)

CPBSF incubates reef-positive businesses, aiming for $14M investment to scale private sector-led marine conservation ventures.

Drivers of Degradation Addressed

Land-Based Pollution

Overfishing and Destructive Fishing

Mangrove Deforestation

Unsustainable Tourism

Coral Reefs Restoration

Wastewater

The Coral Positive Business Support Facility (CPBSF) is a Technical Assistance facility established under the Sri Lanka Coral Reef Initiative to incubate and promote reef-positive business ventures and livelihoods. Acting as a catalyst for private sector-led initiatives, the CPBSF will identify, assess, and develop sustainable business opportunities in selected seascapes—particularly in areas such as sustainable tourism, mariculture, fisheries, and waste management. Serving as an incubator, the CPBSF aims to attract approximately USD 14 million in commercial investment across its portfolio by providing technical support and de-risking mechanisms to encourage private sector engagement. In addition to fostering environmentally responsible practices among coastal communities, the CPBSF will contribute to the Coral Conservation Trust Funds (CCTFs), supporting long-term coral reef conservation and sustainable seascape management.

Author Naalin

Region Asia

Country Sri Lanka

GFCR Programme Sri Lanka Coral Reef Initiative (SLCRI)

GFCR Convening Agent International Union for Conservation of Nature (IUCN)

Priority Coral Reef Sites Bar Reef Seascape, Kayankerni Seascape, Pigeon Island Seascape

Sector Sustainable Coastal Development

Stage Concept/Design

Scale to Investment Yes

Key Contact Naalin Perera

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