Financial Mechanisms
Reef Insurance in KKP3K KDPS Berau
An innovative financial tool to fund reef recovery after damaging events, enhancing resilience in Berau's marine area.
Coral Reefs Restoration
Rising Oceanic Temperature
A feasibility study for implementing a reef financing mechanism in the Derawan Archipelago, analyzing ecological and economic importance, threats, and current initiatives, is under development. The study focuses on sustainable financing, private sector involvement, and local stakeholder capacities. It will include recommendations and a roadmap for parametric insurance.
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)
Priority Coral Reef Sites KKP3K KDPS Coral Reefs, especially Derawan Islands and surrounding reefs
Sector Financial Mechanisms
Stage Concept/Design
Key Contact Ahmad Baihaki
