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One of the main challenges faced when implementing coral conservation activities is the financing of it; the funds currently needed to achieve effective and lasting conservation greatly exceed the available funds, generating a substantial financing gap.
To explore ways of reducing this gap, the International Coral Reef Initiative releases a study of opportunities offered by innovative financing mechanisms for coral conservation. The seven most promising notions are presented. The report prompts for more integrated models, notably using a business-model approach. It introduces four example business models addressing specific coral-context challenges and how they can be used by local conservationists and decision-makers as a tool to make coral conservation sustainable.
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