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Financial Mechanisms

Fi Wi Riif Investment Account

Blended finance facility combining grants, concessional finance, and technical assistance to support reef-positive enterprises
Drivers of Degradation Addressed
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Land-Based Pollution
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Overfishing and Destructive Fishing
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Unsustainable Tourism

The Fi Wi Riif Investment Account is a blended finance facility combining grants, concessional finance, and technical assistance to support reef-positive enterprises. It includes a dedicated coral reef restoration window and plans to integrate additional instruments like recoverable grants or equity. Governance is guided by Steering and Technical Committees to ensure transparency and local participation.

Region Latin America and the Caribbean
Country Colombia
GFCR Programme Fi Wi Riif (Our Reef)
GFCR Convening Agent Fondo Acción
Priority Coral Reef Sites Islands of Providencia and Santa Catalina
Sector Financial Mechanisms
Stage Operational

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