Grants and Contributions:
Title:
Oceans for Prosperity – Indonesia
Agreement Number:
7446259 P011575001
Agreement Value:
$10,000,000.00
Agreement Date:
Dec 16, 2022 - Dec 31, 2027
Description:
This project aims to support the Government of Indonesia in building healthier, more productive, and more resilient coral reefs and their associated ecosystems (seagrass meadows, mangroves) and expand access to economic opportunities for coastal communities. Project activities include: (1) supporting coral reef restoration activities and frameworks; (2) building technical capacity to improve the management of marine protected areas; and (3) addressing the issue of marine plastic waste; and, (4) developing financing tools and other strategies to strengthen coastal livelihoods. Direct beneficiaries include 80,000 people in 250 villages, while indirect beneficiaries include millions in coastal areas in the 10 target provinces. Canada’s support complements and leverages a loan of US$200 million from the International Bank for Reconstruction and Development to the Indonesian Ministry of Marine Affairs and Fisheries.
-Commitments/Priorities contributing to: The Indo-Pacific Strategy and to the Middle Income Strategy; Canada’s climate commitments under the Paris Agreement; SDGs (1, 2, 8, 13, 14, 15). It is well aligned with GoI National Determined Contributions (NDCs) and directly supports the objectives of the High Level Panel for a Sustainable Ocean Economy, of which PM Trudeau and President Joko Widodo are both members. Potential G-20 Announceable –linked to the G20 Presidency of Indonesia.
Organization:
Global Affairs Canada
Expected Results:
The expected outcomes of this project include: (1) strengthened institutions to manage coral reefs and marine protected areas; and (2) increased economic opportunities for local communities in and around marine protected areas.
Location:
Washington, US
Reference Number:
064-2022-2023-Q3-00075
Agreement Type:
Grant
Report Type:
Grants and Contributions
Recipient Type:
Not-for-profit organization or charity
Recipient's Legal Name:
IBRD Trust Funds - World Bank
Program:
International Development Assistance Program
Program Purpose:
The main purpose on the International Development Assistance Program is to reduce poverty for those living in countries where Global Affairs Canada engages in international development.