GFCR Stakeholder Engagement Policy

The Global Fund for Coral Reefs (GFCR) is committed to preserving and restoring coral reef ecosystems through collaborative efforts with diverse stakeholders. This Stakeholder Engagement Policy establishes GFCR’s commitment to fostering meaningful and inclusive participation in all stages of its initiatives, recognising that effective engagement is crucial for the environmental and social sustainability of its programmes and projects.

By emphasising open and transparent engagement between Convening Agents and stakeholders, GFCR aims to align with international best practices for conservation funds and blended finance mechanisms. This approach is designed to enhance programme and project acceptance, improve design, preparation and implementation, and ultimately advance GFCR's mission of mobilising resources for coral reef conservation.

The Policy underscores GFCR's commitment to improving the well-being of vulnerable populations affected by its activities, with a particular focus on marginalised groups, women and girls, indigenous peoples, and local communities. By engaging early and often with stakeholders, GFCR seeks to develop interactive and constructive processes that ensure stakeholders are well- informed, their ideas are advanced, and their concerns are addressed1.

This Policy outlines the GFCR's expectations for Convening Agents in conducting stakeholder engagement processes. It details: the purpose and scope of stakeholder engagement; the principles guiding engagement practices; specific considerations for including women and indigenous peoples; requirements and steps for effective engagement at different stages; monitoring and reporting procedures; and the organisational commitment and capacity required to support these efforts.