Coral reefs are amongst the most valuable ecosystems on earth, harbouring the highest biodiversity of any ecosystem, supporting 25% of marine life and providing a myriad of benefits to thousands of species. The Global Fund for Coral Reefs (GFCR) is a project within the Blue Planet Fund portfolio. The GFCR is the first Multi-partner Trust Fund for Sustainable Development Goal 14. It provides finance for coral reefs with particular attention on Small Island Developing States. The GFCR promotes a ‘protect-transform-restore-recover’ approach through the creation and management of Marine Protected Areas (MPAs) to save and protect coral reefs in the face of serious decline and extinction. The GFCR has four main outcomes: Protect priority coral reef sites and climate change-affected refugia Transforming the livelihoods of coral reef-dependent communities Restoration and adaptation technologies Recovery of coral reef-dependent communities to major shocks
more_horizOrganisation Name | Organisation Type | Organisation Role |
---|---|---|
Department for Environment, Food, and Rural Affairs | Government | Accountable |
Department for Environment, Food, and Rural Affairs | Government | Funding |
United Nations Development Programme | Multilateral | Implementing |
Transaction Value | Provider |
Type | Date |
---|---|---|---|
15,000,000 GBP (Valued at Dec 14, 2023) | circle Department for Environment, Food, and Rural Affairs circle UN Multi UN Multi-Partner Trust Fund Office | Disbursement | date_rangeDec 14, 2023 |
9,000,000 GBP (Valued at Mar 13, 2023) | circle Department for Environment, Food, and Rural Affairs circle UN Multi UN Multi-Partner Trust Fund Office | Disbursement | date_rangeMar 13, 2023 |
3,000,000 GBP (Valued at Mar 31, 2022) | circle Department for Environment, Food, and Rural Affairs circle The UN Multi-Partner Trust Fund Office | Disbursement | date_rangeMar 31, 2022 |
1,000,000 GBP (Valued at Dec 06, 2021) | circle Department for Environment, Food, and Rural Affairs circle The UN Multi-Partner Trust Fund Office | Disbursement | date_rangeDec 06, 2021 |
2,500,000 GBP (Valued at Oct 29, 2021) | circle Department for Environment, Food, and Rural Affairs circle UN Multi-Partner Trust Fund Office | Disbursement | date_rangeOct 29, 2021 |
2,500,000 GBP (Valued at Jul 06, 2021) | circle Department for Environment, Food, and Rural Affairs circle The UN Multi-Partner Trust Fund Office | Disbursement | date_rangeJul 06, 2021 |
33,000,000 GBP (Valued at Jul 01, 2021) | date_range Jul 01, 2021 - Mar 31, 2025 |