SUMMARY  

The Joint Programme is funded by the Global Fund for Coral Reefs (GFCR) with an expected grant of US$10 million. Implemented by UNDP in partnership with national and local stakeholders, the programme focuses on Addu Atoll and Fuvahmulah Atoll (both UNESCO Biosphere Reserves) aiming to establish sustainable financing mechanisms and promote a coral-positive blue economy through blended finance approaches. 

BACKGROUND  

The Maldives, highly dependent on coral reefs for its economy and livelihoods, faces severe threats from climate change and environmental degradation. Addu and Fuvahmulah Atolls are particularly significant due to their rich biodiversity and recent designation as Biosphere Reserves. However, effective management and sustainable financing mechanisms remain underdeveloped. The GFCR Joint Programme addresses these gaps by mobilizing private sector investment, building local capacity, and creating financial frameworks to sustain marine protected areas (MPAs). 

PROJECT OUTCOMES  

1. Sustainable financing mechanisms supporting improved management effectiveness of Maldives’ MPA network are established. 

2. Coral-positive blue economy business models are incubated and expanded. 

3. Increased capacity for coral R&D and monitoring within Maldives 

GEWE / GESI COMPONENT 

The project has a strong GESI focus. A dedicated Gender Action Plan will be developed during inception. The programme targets a minimum of 40% women’s participation across activities, including entrepreneurship and leadership roles. Baseline data will be sex-disaggregated, and gender impacts will be monitored throughout implementation. Gender-responsive budgeting, indicators, and communications will be integral, aligned with UNDP and GFCR gender policies 

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Download (Maldives RREEF) GRIEVANCE REDRESS MECHANISM

Annex 1 - Grievance Redress Registering and Monitoring Form