Blue Action Fund

Große Hamburger Str. 30, 10115 Berlin, Germany

Region Active

Global

Non-profit, Trust fund

2016

Activity

Funding of projects, Conservation of marine life, Marine protected areas, Marine biodiversity

Description

Blue Action Fund was founded in 2016 by the German Federal Ministry for Economic Cooperation and Development (BMZ) in conjunction with KfW Development Bank, later joined by the Swedish Ministry for Foreign Affairs, Agence Française de Développement (AFD), and the Norwegian Agency for Development Cooperation (Norad). Blue Action Fund is ‘now one of the world’s largest public funders promoting marine conservation and sustainable livelihoods in coastal communities’ Their stated mission is ‘to enhance the management and use of coastal and marine ecosystems to conserve marine biodiversity for future generations while improving the lives of local people today’. This they do by making targeted grants to non-governmental organisations active in developing countries (Africa, South America and Asia)