In a landmark move on 3 July 2024, to protect one of the world’s most vital ecosystems, the Indonesian government has entered into a groundbreaking Indonesia debt-for-nature swap (DNS) to fund coral reef restoration and marine conservation.
Tag: Coral Reefs
Indonesia Coral Bond: Innovating Marine Conservation Financing
Indonesia Coral Bond is a groundbreaking financing instrument launched by the World Bank in February 2024 aimed at improving the management and biodiversity of Indonesia\’s coral reefs.
UN Global Fund for Coral Reefs (GFCR) Saving World Corals
Coral reefs are often referred to as the rainforests of the sea, harboring unparalleled biodiversity and providing crucial ecosystem services to millions of people worldwide. […]