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Financial Mechanisms

Coral Vita – Restoration as a Service (RaaS) & Ecotourism-Based Coral Farming

A pioneering land-based coral farming enterprise that delivers large-scale reef restoration through a RaaS model supported by innovative financing.
Drivers of Degradation Addressed
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Coral Reefs Restoration

Coral Vita’s strategy in The Bahamas is to demonstrate that large-scale coral reef restoration can function as a resilient, revenue-generating service while delivering measurable ecological and community benefits. From its land-based coral farm in Freeport, Grand Bahama, Coral Vita grows and outplants climate-resilient corals to restore degraded reefs that underpin tourism, fisheries, and coastal protection across the country.

The Bahamian business strategy is built around three mutually reinforcing pillars:

• Restoration as a Service (RaaS) for entities that depend on healthy reefs for risk reduction, tourism, fisheries and community livelihoods.

• Ecotourism and education anchored in the Grand Bahama land-based coral farm as a flagship visitor destination.

• Sponsorships, adoptions and nature-positive partnerships that enable individuals and brands to participate in reef restoration.

These pillars are enabled by Coral Vita’s proprietary land-based farming methods, integration of microfragmentation and assisted evolution techniques, and the BrainCoral technology platform, which together support efficient operations and robust monitoring.

1.2 Strategic

Author Mischa
Region Latin America and the Caribbean
Country The Bahamas
GFCR Programme Impact Funding for BahamaReefs
GFCR Convening Agent The Nature Conservancy (TNC)
Sector Financial Mechanisms
Stage Concept/Design

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