Project Objective: Sustainable management of coral reef ecosystems in Indonesia through enhanced capacity to manage coral reef ecosystems in 10 target Marine Protected Areas (MPAs).
Budget
64,200,000.00 USD
Total Cost of the project
8,000,000 USD
GEF Allocation to project
Partners
ADB was conceived amid the postwar rehabilitation and reconstruction of the early 1960s. The vision was of a financial institution that would be Asian in character and foster economic growth and cooperation in the region - then one of the poorest in the world. The Philippines capital of Manila was chosen to host the new institution - the Asian Development Bank - which opened its doors on 19 December 1966, with 31 members to serve a predominantly agricultural region. Through the years, ADB's work and assistance levels has expanded alongside its membership as the region has undergone far-reaching changes.
Indonesia, with 17.508 islands and 81.000 Kilometers of shoreline, is the biggest archipelagic state with immense marine natural resources which have not been optimally and sustainably utilized. The main mission of the MMAF is: “To Assist the President (of the Republic of Indonesia) in holding the process of governance in the Marine and Fisheries sector”
Contacts
Senior Environmental Specialist (Biodiversity)