Micronesia Coral Reefs
Countries involved: Federated States of Micronesia, the Republic of the Marshall Islands an the Republic of Palau
Coral Collective Partner: GFCR
This program represents over 1 million hectares of coastal ecosystems with improved management including 175,141 hectares of coral reefs. Building off the strong foundation established by the Micronesia Challenge over the past two decades, the new Micronesia regional programme led by The Nature Conservancy aims to effectively support the management of 50% of the region’s marine resources through sustainable blue economic investments. Focusing on innovative blue finance mechanisms to support reef-positive enterprise and financial mechanism development, the programme aims to accelerate ecotourism, sustainable fisheries, waste and water management, and sustainable aquaculture enterprises, and will leverage new funding sources for conservation, restoration, and sustainable reef use while supporting community resilience through livelihoods, food security, and coastal protection.