Asia Pacific > Asia > Impact loan to set Philippines MPAs on track to economic independence

Impact loan to set Philippines MPAs on track to economic independence

Published 10:40 on September 14, 2023 / Last updated at 10:48 on September 14, 2023 / / Asia Pacific (Asia), Nature & Biodiversity

Nature & Biodiversity Pulse

The philanthropy arm of asset manager UBS has provided an impact loan designed to enable the manager of a group of essential Marine Protected Areas (MPAs) in the Philippines to implement a number of revenue-generating initiatives, in what the parties say is a transformative deal for ocean conservation.
The philanthropy arm of asset manager UBS has provided an impact loan designed to enable the manager of a group of essential Marine Protected Areas (MPAs) in the Philippines to implement a number of revenue-generating initiatives, in what the parties say is a transformative deal for ocean conservation.


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