Grants and Contributions:
Title:
Global program for the blue economy – International Biodiversity Program (2024 to 2026)
Agreement Number:
7410136 P013829001
Agreement Value:
$74,796,005.00
Agreement Date:
Oct 22, 2019 - Mar 31, 2026
Description:
The Global Program for the Blue Economy (PROBLUE) aims to help developing countries build their coastal economies while ensuring the protection of marine biodiversity and the sustainable use of coastal resources. This project is a World Bank-managed, multi-donor trust fund that aims to achieve integrated and sustainable economic development in healthy and productive oceans. The blue economy refers to the sustainable use of ocean resources for economic growth, improved livelihoods and jobs, and ocean ecosystem health. Project activities include: (1) managing fisheries and aquaculture; (2) tackling marine pollution, including plastics; (3) developing sustainable key oceanic sectors such as tourism, maritime transport, and offshore renewable energy; and (4) building the capacity of local governments to manage their marine and coastal resources in an integrated fashion to deliver more long-lasting benefits to countries and communities.
Organization:
Global Affairs Canada
Expected Results:
The expected outcomes of this project include: (1) protected and improved marine biodiversity; (2) reduced poverty through the sustainable use of coastal resources and marine biodiversity; and (3) improved gender equality in leading biodiversity conservation efforts.
Location:
Washington, US
Reference Number:
064-2019-2020-Q3-00045
Agreement Type:
Grant
Report Type:
Grants and Contributions
Recipient Type:
Not-for-profit organization or charity
Additional Information:
Amendment #2 reflects an increase in the value of the agreement, and an extension to the expiry date
Amendment Date
Jun 3, 2024
Recipient's Operating Name:
IBRD Trust Funds - World Bank
Recipient's Legal Name:
IBRD Trust Funds - World Bank
Amendments: