GFCR Safeguards Policy

Programmes and projects developed and financed through the Global Fund for Coral Reefs all have an underlying objective to produce “reef-positive” solutions. It needs to be noted, however, that these investments can sometimes result in inadvertent negative social and/or environmental impacts.

The GFCR Social and Environmental Safeguards Policy applies to the UN Fund and the Equity Fund. It recognizes that social and environmental risks are an inherent part of programme and project development across both vehicles. It is anchored in the idea that responsibility for identifying, assessing, and managing risks rests at different levels within the Fund architecture.

The policy outlines a framework whereby the involved parties commit to: a set of internationally-recognized social and environmental performance Standards; operational procedures whereby the requirements of the standards are integrated into the programme cycles of the Grant Fund and the Equity Fund; accountability and transparency measures; and monitoring and reporting procedures.

The policy is available to download in the following languages:

English

French

Spanish

Click "Learn More" to access a short course providing further details on how to operationalise this policy.