Did you know? A recent report by the International Coral Reef Initiative (ICRI) has shown that global funding for coral restoration has increased in recent years with restoration projects expanding to more countries. The report also found that the majority of funding for coral reef restoration has comes from government grants and investments from the private sector and that there are disparities between funding for restoration in developed and less developed nations. It also noted that funding is dominated by short-term grants and do not support long-term restoration efforts.

Read more here:

https://www.icriforum.org/documents/funding-landscape-coral-reef-restoration-report/

Photo by Marthen Welly/CTC