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Indonesia Has Launched A Funding Instrument For Marine Conservation

The Indonesian government has launched the Coral Reef Bond, a funding instrument aimed at marine conservation, with the goal of raising up to 200 million US dollars (1 US dollar = Rp16,293) annually to finance marine conservation areas, stated the Minister of Marine Affairs and Fisheries of the Republic of Indonesia, Sakti Wahyu Trenggono, on Sunday (June 15).

This funding instrument is part of the government's efforts to achieve a target of 30 percent for marine conservation areas by 2045, Minister Trenggono mentioned in a statement.

The bond was first introduced at the third United Nations Ocean Conference held in Nice, France, from June 9 to 13, 2025.

Trenggono explained that there are three conservation areas that will be prioritized for this funding implementation, namely the National Conservation Area of Raja Ampat, the Regional Conservation Area of Raja Ampat, and the Regional Conservation Area of the Alor Islands.

"Indonesia will manage the funds from the foregone coupon to ensure measurable and sustainable conservation outcomes in these locations," Trenggono stated as quoted by local media.

She also stated that the Coral Reef Bond is the world's first results-based marine conservation funding instrument, which is not derived from national debt or government funds.

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Tag: Coral Reef Bond Marine Conservation Sakti Wahyu Trenggono