Global Fund For Coral Reefs (GFCR)
Project disclaimer
Description
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
Location
The country, countries or regions that benefit from this Programme.
Status Post-completion
The current stage of the Programme, consistent with the International Aid Transparency Initiative's (IATI) classifications.
Programme Spend
Programme budget and spend to date, as per the amounts loaded in financial system(s), and for which procurement has been finalised.
Participating Organisation(s)
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Accountable:Organisation responsible for oversight of the activity
Extending: Organisation that manages the budget on behalf of the funding organisation.
Funding: Organisation which provides funds.
Implementing: Organisations implementing the activity.
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Sectors
Sector groups as a percentage of total Programme budget according to the OECD Development Assistance Committee (DAC) classifications.
Budget
A comparison across financial years of forecast budget and spend to date on the Programme.