BAF project
INTERNATIONAL CLIMATE FINANCING
Blue Action Fund (BAF)
| Project Name | Blue Action Fund (BAF) |
| Accredited Entity | Kreditanstalt für Wiederaufbau (KFW) |
| Year of Approval | 2019 |
| Duration | 7 years |
| Sector | Transversal |
| Amount | USD 64.8 million |
| Geographic Scope | Regional — Madagascar, Mozambique, South Africa and Tanzania |
| Climate Use | Adaptation |
| Contents | The Blue Action Fund (BAF) Ecosystem-Based Adaptation Program in the Western Indian Ocean aims to protect and restore essential marine ecosystems — like mangroves, coral reefs and sea meadows — to strengthen the climate resilience of more than 450 000 people in vulnerable coastal areas of Madagascar, Mozambique, South Africa and Tanzania. By implementing ecological adaptation measures and strengthening Protected Marine Areas, the initiative protects populations from extreme weather phenomena, develops sustainable livelihoods and promotes inclusive resource management focusing on gender equity. |