Blue Action Fund

The global ocean is an essential component of the Earth’s ecosystem and critical to the sustainable development of our planet. Despite growing awareness of the ocean’s crucial role in sustaining life on Earth, there is comparatively limited funding available for marine conservation. To address that deficiency, Blue Action Fund was founded in 2017 by the German Federal Ministry for Economic Cooperation and Development (BMZ) in conjunction with KfW Development Bank. Subsequently, the Swedish Ministry for Foreign Affairs and Agence Française de Développement (AFD) became funding partners and Blue Action Fund is now one of the world’s largest public funders promoting marine conservation and sustainable livelihoods in coastal communities. Blue Action Fund’s Grant Programme supports projects that are implemented by national and international non-governmental organisations (NGOs) in their efforts to conserve the ocean and improve the livelihoods of coastal communities in developing countries.

Recent projects/startups the organization invested/funded in: -Improving MPAs and community livelihoods in Indonesia -Strengthening MPAs in Cambodia -Expanding and improving marine conservation in Myanmar -Scaling-up protection of Quirimbas National Park, Mozambique -Strengthening MPA management in Tanzania -Improving and expanding MPAs in the South-West Indian Ocean -Creating a network of MPAs in the Western Indian Ocean -Scaling up MPAs in Melanesia -Establishing a network of MPAs across São Tomé and Príncipe -Fishing for a prosperous future in the Eastern Tropical Pacific

Size of Funding Blue Action Fund funding: 29,029,631 € Match funding: 10,271,234 €

Total 39,300,865 €