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Project ID:00128244Description:GFCR Partnership and Knowledge
Global Fund for Coral Reefs
Start Date *: 20 Aug 2021
Programme Cycle 1
End Date*: 31 Dec 2022
Country: United Nations Project Status: On Going
  Participating Organization:   UNDP - UNDP(MDTF/PUNO only).

Programme Description 

The Global Fund for Coral Reefs (GFCR or the “Fund”) is a multi-partner blended finance instrument to mobilise action and resources to protect and restore coral reef ecosystems. Launched in September 2020 in the margins of the 75th UN General Assembly, the Fund is designed to raise at least USD 500 million in capital by 2030, through a coalition of UN agencies (including UNDP), financial institutions, and private philanthropy sources. It will serve as a blended finance vehicle to provide risk equity capital,

debt, concessional finance and grant funding to deliver smart solutions at scale to save reef ecosystems and strengthen the resilience of dependent communities. It has a dual focus to: facilitate the uptake of innovative financing mechanisms, including private market-based investments focused on coral reef conservation and restoration; and unlock financing for coral reef-related climate adaptation through the Green Climate Fund (GCF), Vertical Funds and multilateral development banks.

This project seeks to support implementation of the GFCR Programming Pipeline through the following services for delivery of Track III: Strategic Partnerships and Knowledge Management:

 i. Define and refine the Global Fund for Coral Reefs (GFCR) investment plan and strategy to accomplish its objective.

ii. Develop and coordinate effective partnerships and initiatives with vertical funds, international finance institutions and other co-financing partners to scale up GFCR impacts.

iii. Facilitate knowledge management to promote the success, replication and scaling up of GFCR solutions.

iv. Articulate the GFCR’s policy architecture and standards to ensure programmatic and operational integrity.

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If you have questions about this programme you may wish to contact the RC office in United Nations or the lead agency for the programme. The MPTF Office Portfolio Manager (or Country Director with Delegation of Authority) for this programme:

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