Biodiversity > Blended finance fund raises $50 mln to protect Egypt’s coral reef

Blended finance fund raises $50 mln to protect Egypt’s coral reef

Published 14:46 on July 11, 2024  /  Last updated at 14:47 on July 11, 2024  / /  Biodiversity, EMEA

A $50-million fund to protect Egypt's coral reef has been launched this week under the Egyptian Red Sea Initiative, a newly established programme supported by the US Agency for International Development (USAID) and the UN-backed Global Fund for Coral Reefs (GFCR).
A $50-million fund to protect Egypt's coral reef has been launched this week under the Egyptian Red Sea Initiative, a newly established programme supported by the US Agency for International Development (USAID) and the UN-backed Global Fund for Coral Reefs (GFCR).


A Carbon Pulse login is required to read this content. Register today to access all biodiversity content in full for free.
You can also apply for a FREE TRIAL of our subscription service, for unrivalled news and intelligence on carbon markets and net zero as well as biodiversity. See what we offer.
If you already have a Carbon Pulse account, log in here.

This page is intended to be viewed online and may not be printed.
As per our terms and conditions, the republication or redistribution of Carbon Pulse content can result in the suspension or termination of your subscription.