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The Government of Australia announced a commitment of US$6 million to the Coral Triangle Initiative on Coral Reefs, Fisheries, and Food Security (CTI-CFF) at a World Parks Congress side event, ‘Celebrating Achievements in the Coral Triangle.' This funding builds on US$7.2 million that Australia has provided to the CTI since 2009, with the aim of developing a sustainable financing platform.

Coral Triangle InitiativeDecember 2014: The Government of Australia announced a commitment of US$6 million to the Coral Triangle Initiative on Coral Reefs, Fisheries, and Food Security (CTI-CFF) at a World Parks Congress side event, titled ‘Celebrating Achievements in the Coral Triangle.’ This funding builds on US$7.2 million that Australia has provided to the CTI since 2009, with the aim of developing a sustainable financing platform.

A representative from Australia’s Department of Environment, Andrew Chek, outlined Australia’s support during the CTI-CFF 10th Senior Officials Meeting in November 2014. He said the funding will support, inter alia: seascapes integrated management, including a dedicated seascapes coordinator to support integration of terrestrial inputs to marine ecosystems; establishment of an enabling framework for regional ecotourism; and resources for interconnected small grants, microfinance and fellowships programs at the community level. [CTI Press Release on Australian Financing] [IISD RS story on Senior Officials Meeting]

 


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