Francesco Ungaro, Unsplash
GFCR Greenlights $25M to Scale Up Coral Reef Resilience Efforts
Marine Technology News
The new GFCR programme, Egyptian Red Sea Initiative, aims to increase the protection of one of the longest living and most resilient reef ecosystems in the world. Supported by a major funding commitment from USAID, this initiative, in partnership with the Government of Egypt and the United Nations Development Programme (UNDP), will establish a landmark Egyptian Fund for Coral Reefs to leverage up to $50 million in private and public funding, for sustainable blue economic transition and conservation efforts.
Read the full article here.
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