Fi Wi Riif Investment Account
A mechanism which provides grants and concessional financing to reef-positive businesses in fisheries, agriculture, diving, tourism, and waste management
Land-Based Pollution
Overfishing and Destructive Fishing
Unsustainable Tourism
Coastal Development
Marine-based pollution
Disease & Invasive Species
WastewaterThe Fi Wi Riif investment account is a blended finance mechanism to promote a business context that is favorable for revenue models that are reef-positive. It is envisioned that Fondo Accion will launch calls for proposals to select enterprises to receive support from this mechanism. An initial mapping of potential beneficiaries was compiled to illustrate the different types of businesses that the blended finance mechanism will target.
The selected enterprises may receive initial grants focused on business development, as well as technical assistance to be delivered by co-implementers or consultants identified by Fondo Accion. This will help de-risk future investments in these enterprises, which can be done by the programme and by other funding mechanisms, including impact investors, commercial banks, public programmes and individual investors.
