Press Release: Launch of the First Impact Loan Facility for Coral Reef Conservation
Driving the Blue Economy: Blue Alliance and BNP Paribas launch Blue Finance, an impact debt facility to support the development of Marine Protected Areas in the Global South
Blue Alliance Marine Protected Areas (BA) and BNP Paribas, through its Impact Investment team, launch the Blue Finance facility, a targeted USD 35m impact loan facility designed to provide up-front and early-stage impact financing to reef-positive businesses (RPBs) that strengthen the Blue Economy within Marine Protected Areas (MPAs).
Photo courtesy of William Chen.
Source: Blue Alliance (link opens in a new window)
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