Financial Mechanisms
Reef Insurance Mechanism
Reef insurance mechanism to provide reef maintenance and facilitate coral restoration following damage, Indonesia
Coral Reefs Restoration
KORALESTARI will develop a reef insurance funding mechanism in partnership with local 'Reef Brigades' to provide continuous reef maintenance and facilitate coral restoration following damage. This insurance model aims to protect coral reef ecosystems by ensuring resources are available for rapid response and recovery efforts.
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 Derawan, East Kalimantan
Sector Financial Mechanisms
Stage Concept/Design
Key Contact Ahmad Baihaki
