About
Great Sea Reef Development Company (GSR DevCo) creates an investment fund to support early-stage businesses and commercial projects contributing to the protection and restoration of the Great Sea Reef (GSR) in Fiji. The idea addresses the gap for equity risk capital for small mid-sized climate projects in the country, which can make a strong impact on restoration and sustainability efforts. Fiji’s GSR, the third largest sea reef globally, generates 65% of Fiji’s foreign exchange earnings and 20% of the country’s GDP.
Details
Type: Adaptation
Sector: Agriculture and Livestock, Electricity/power, Forestry, Water
Focus: Nature-based solutions
Geography: Global
Stage: Concept
Investment Type: Debt, Equity, Technical Assistance
Proponents: Matanataki
Cycle: 2020
Contact
Proponents
Anton Gigov & Jodi Smith, Matanataki