Project Factsheet
Tools for » MAR+Invest. The Business Development and Finance Facility of the MAR
Project ID:00130904Description:MAR+Invest
Fund:
Global Fund for Coral Reefs
Start Date *: 23 Mar 2022
Theme:
Programme Cycle 1
End Date*: 31 Jul 2030
Country: United Nations Project Status: On Going
  Participating Organization:   Multiple
About

MAR+Invest is a blended finance mechanism with strong monitoring and evaluation of impacts, business acceleration and a capacity building program that aims to enable conditions for a sustainable ocean-based economy in the MAR. It will invest in market-based initiatives that make a positive contribution to the health and resilience of the coral reef ecosystems and communities of the Mesoamerican Reef. It:

 

  • Aims to deliver long term conservation of the value of the natural capital of the MAR through active generation, development and growth of market–based opportunities that contribute to the reduction of the threats affecting the coral reef ecosystem in the MAR.
  • Will focus on businesses and projects working to solve long term challenges faced by the MAR and that demand diverse types of capital to be developed.
  • Will focus on the generation of sustainable financing solutions for coastal and marine rotected areas (CMPA) of the MAR.
  • Will fundraise and develop financial mechanisms with investors, including the GFCR Equity Fund,
  • and donors to manage risk, close early-stage capital gaps, provide technical assistance and finance for coral positive solutions.

 

 

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Financials
Participating Organizations are required to submit final year-end expenditures by April 30 in the following year; Interim expenditure figures are submitted on a voluntary basis and therefore current year figures are not final until the year-end expenditures have been submitted.
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Contacts

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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