Fund that seeks to improve the resilience and adaptive capacity of coral reef ecosystems, communities, productive systems and the companies that depend on them. The Fund will invest in companies, projects and / or technologies in the following sectors:
• Sustainable ocean production to address overfishing, destructive fishing techniques and accelerate restoration:
a. Sustainable fisheries (e.g. by-catch reduction, ghost net reduction, follow-up control and surveillance, post-catch processing, supply chain traceability)
b. Sustainable mariculture (e.g. algae farming, fish or shrimp mariculture)
c. Sustainable aquaculture (e.g. shrimp, alternative feed, etc.)
d. Coral farming (for example, artificial reef projects, assisted evolution technology companies, coral farming projects and sexual propagation)
• Ecotourism to address unsustainable tourism and accelerate restoration:
1. Sustainably managed hotel complexes (which may include implementation of coral restoration practices and technologies on surrounding reefs)
2. Tourist activities (surfing, diving, snorkeling, cruises)
• sustainable infrastructure that addresses pollution:
a. plastic waste management (e.g. alternative material, waste collection and sorting, plastic recycling, AI and digital sorting)
b. sewage and wastewater treatment
c. Offshore clean energy
d. Port reception facilities to deal with liquid waste emitted by ships
e. Sustainable agriculture to reduce nutrient runoff (eg use of alternative fertilizers, organic agriculture, precision agriculture, nutrient recycling / capture).
F. Agricultural parks on the island
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ACCOUNTABILITY MECHANISM OF GREEN CLIMATE FUND
The Independent Redress Mechanism (IRM) addresses complaints by people who believe they are negatively affected or may be affected by projects or programmes funded by the Green Climate Fund (GCF). The complainant can raise issues related to any of GCF’s policies and procedures, including those relating to social and environmental issues, indigenous peoples, gender, and information disclosure, among others. If you submit a complaint to the IRM, it may seek to address the issues raised by facilitating problem solving or conducting a compliance process. You can learn more about the Independent Redress Mechanism and how to file a complaint at https://irm.greenclimate.fund/.
You can access a video about the IRM (English) at: https://youtu.be/1LanbriVhfs.
A brochure about the IRM can be accessed in English, French, Spanish, Portuguese, Arabic, Mandarin, Mongolian, Vietnamese, Russian, Ukrainian, Korean, German, and Kiswahili at: https://irm.greenclimate.fund/.