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Global Fund for Coral Reefs to catalyze private sector investment blue economy – Devdiscourse

The Fund will play a vital role in unlocking major private sector investment towards coral reef conservation and restoration in developing countries.

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Global climate change and localized anthropogenic stressors are driving rapid declines in coral health. The loss of coral reef ecosystems not only puts at risk one of the richest sources of biodiversity on our planet but also the security and livelihoods of at least one billion people that rely on them.
Our CBD colleagues recently released Global Biodiversity Outlook Five, which confirms that coral reefs “show the most rapid increase in extinction risk of all assessed groups” due to human pressures,…

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