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Financial Mechanisms

Egyptian Fund for Coral Reefs

The EFCR aims to ensure sustainable financing for the conservation of Egypt’s coral reefs in the Red Sea by establishing a conservation trust fund.
Drivers of Degradation Addressed
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Land-Based Pollution
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Unsustainable Tourism

The Egyptian Coral Reef Fund is a blended finance mechanism being developed under ERSI to mobilize public and private capital toward the protection and sustainable management of Egypt’s Red Sea coral reefs.

The Fund is designed to address current financing gaps for reef-positive activities in Egypt, where investment remains constrained by risk and limited bankable opportunities. It will focus on building a pipeline of investments across ERSI priority sectors, including sustainable tourism, waste management, and reef-friendly aquaculture.

By combining concessional, grant, and private capital, the Fund aims to improve the viability of reef-linked investments in Egypt and support business models that reduce local drivers of reef degradation, strengthen coastal livelihoods, and contribute to reef resilience along the Red Sea coast.

Author Tamara
Region Africa and the Middle East
Country Egypt
GFCR Programme Egyptian Red Sea Initiative (ERSI)
GFCR Convening Agent United Nations Development Programme
Sector Financial Mechanisms
Stage Concept/Design
Key Contact Amany Nakhla

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