Blue Action Fund

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Blue Action Fund
Formation2016; 8 years ago (2016)
TypeNonprofit
Legal statusFoundation constituted under German civil law
PurposeMarine conservation and improvement of coastal livelihoods
HeadquartersFriedrich-Ebert-Anlage 36, Frankfurt am Main, Germany
Coordinates50°06′43″N 8°39′16″E / 50.1119775°N 8.6544056°E / 50.1119775; 8.6544056
Region served
Africa, Latin America and Asia
Websitewww.blueactionfund.org

Blue Action Fund is a foundation for the protection of oceans and coasts. It funds projects that contribute to the United Nations Sustainable Development Goal 14, as well as to the Aichi Biodiversity Target 11 for global biodiversity conservation. Blue Action Fund is based in Frankfurt am Main, Germany.

Activity[edit]

The purpose of Blue Action Fund’s work is to serve "the intensification of coastal and marine protection in developing countries." In doing so, the foundation aims to protect biodiversity and the livelihoods of coastal fishers in regions of Africa, Latin America and Asia.[1] To pursue this aim, Blue Action Fund works with non-governmental organisations to designate and manage protected areas and support sustainable use of coastal and marine resources.[2][3][4] Funded projects are selected through regular public calls for proposals.[5] By 2019, funded projects already supported 195,000 square kilometres of marine protected area.[6] In 2021, Blue Action Fund supported 17 projects in 17 countries with a funding volume of more than EUR 42 million.[7]

Partners[edit]

Blue Action Fund is funded by the German Federal Ministry for Economic Cooperation and Development through KfW Development Bank,[8] the Swedish Ministry of Foreign Affairs through the Swedish International Development Cooperation Agency (Sida), the Agence Française de Développement (AFD),[9][5] the Norwegian Agency for Development Cooperation (Norad), Irish Aid, and the Green Climate Fund.[10] In addition, IUCN is a strategic partner of Blue Action Fund.[11][12]

Structure[edit]

Blue Action Fund is a foundation constituted under civil law, with its registered office in Frankfurt am Main, and Programme Office in Berlin.[13]

The foundation’s constituent bodies are the Management Board, the Supervisory Board and the Founder (German Federal Ministry for Economic Cooperation and Development and KfW Development Bank). Markus Knigge is Executive Director and Chair of the Management Board.[14]

History[edit]

Blue Action Fund was established in 2016 by the German Federal Ministry for Economic Cooperation and Development, and KfW Development Bank.[2][15] The Fund is a key contribution to the Ministry of Development's 10 Point Plan for ocean protection.[3] Blue Action Fund was registered as a voluntary commitment by Germany and Sweden at the first United Nations World Ocean Conference in 2017.[9]

References[edit]

  1. ^ OECD (2021). Integrating Environmental and Climate Action Into Development Co-operation - Reporting on DAC Members’ High-Level Meeting Commitments. OECD Publishing. p. 231. ISBN 9789264940048.
  2. ^ a b Prasad, Ram; Shah, Shachi; Venkatramanan, V. (2020). Exploring Synergies and Trade-offs Between Climate Change and the Sustainable Development Goals. Singapore: Springer. p. 172. ISBN 9789811573019.
  3. ^ a b "Eine halbe Milliarde für die Meere". www.tagesspiegel.de (in German). Retrieved 2021-04-07.
  4. ^ Mehr tun fürs Meer, Frankfurter Rundschau, 3 November 2017, p. 10
  5. ^ a b "AFD joins Blue Action Fund to Support Conservation Projects". Tempo. 2018-12-14. Retrieved 2021-04-07.
  6. ^ Junginger, Bernhard. "Entwicklungsminister Müller fordert Klimaschutz auf Kreuzfahrten". Augsburger Allgemeine (in German). Retrieved 2021-04-07.
  7. ^ "Grant Programme". Blue Action Fund. Retrieved 2021-04-07.
  8. ^ "The Blue Action Fund ought to become an important instrument for the preservation of the oceans". D+C. Retrieved 2021-04-07.
  9. ^ a b "Facts & Figures" (PDF). Blue Action Fund. 2021. Retrieved 2021-03-26.
  10. ^ "PARTNERS". Blue Action Fund. Retrieved 2021-04-07.
  11. ^ "Bridging the funding gap in marine protected areas: IUCN to serve as strategic advisor to the Blue Action Fund". IUCN. 2020-11-04. Retrieved 2021-04-07.
  12. ^ "Marine News" (PDF). IUCN. September 2021.
  13. ^ "Charter Blue Action Fund" (PDF). Blue Action Fund. 2020. Retrieved 2021-03-26.
  14. ^ "ABOUT US". Blue Action Fund. Retrieved 2021-04-07.
  15. ^ Federal Ministry for Economic Cooperation and Development. "Biologische Vielfalt - Unsere gemeinsame Verantwortung" (PDF).

External links[edit]

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