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This shift from traditional, grant-funded project to income generating business is crucial. It removes the barriers and time-limitations of traditional funding, and allows the business to become self-sustainable, providing more stability and the opportunity to make a bigger impact for ocean conservation.Ìý

Through a new series of Impact reports, BNCFF is showcasing how its support has helped projects on this journey.Ìý

In Belize, BNCFF provided funding to cover crucial capital expenditures allowing the Turneffe Atoll Sustainability Association to develop high-end tourism products, for which they can charge fees and thereby generate funds to protect and conserve the Turneffe Atoll Marine Reserve and create an appealing investment opportunity.

In the Philippines, Coast4C are looking to improve conditions of the Danajon Bank reef system and the people dependent on it. With BNCFF support they grew sustainable seaweed activities and set up the necessary legal entities required to secure further investment.

In Indonesia, Forest Carbon are working towards restoring and conserving mangroves through selling Blue Carbon credits. BNCFF funded work towards a feasibility study, which is crucial for obtaining carbon certification and thereby future investment.

Find out more about the impact that all the BNCFF supported projects have created in our new series of Impact reports: Ìý