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Financial Mechanisms

Coral Reef Funding Facility (CRFF)

This facility will deploy grant and recoverable grant investments into reef-positive businesses.
Drivers of Degradation Addressed
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Land-Based Pollution
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Aquaculture Practices
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Overfishing and Destructive Fishing
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Wastewater
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Rising Oceanic Temperature

The Coral Reef Funding Facility (CRFF) will deploy grant and recoverable grant investments into reef-positive businesses. This facility will help build up reef-positive businesses, and intends to facilitate further follow on financing and maximise leverage of philanthropic capital. A rapid analysis will be conducted to evaluate the most appropriate investment vehicle tailored for CRFF, considering both its functionality and legal implications, before setting up the CRFF.

The below diagram illustrates the structure of this finance solution:

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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

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