Blue finance is a social enterprise managing Marine Protected Areas (MPAs), on behalf of governments.
Together with our local partners, we manage 5 MPAs - preserving 1,000,000 ha of vital coral reefs, protecting >40 endangered species and improving livelihoods of >20,000 coastal community members in the Caribbean, SE Asia and Sub-Saharan Africa. New MPAs are in preparation.
We believe a new model for marine conservation must emerge — one that challenges the status quo. We believe in business as a force for good — social enterprise built on sound entrepreneurial and sustainability principles to manage MPAs, conserve biodiversity and better the lives of local communities.
Our conservation model is founded on indispensable pillars; adequate up-front blended capital for the establishment of sustainable MPAs; innovative co-management agreements between with government, well embedded local community partners and ourselves; progressive independence from donors by creating tangible revenue streams that are reinvested directly back into each MPA; performance-oriented management focus on sustainable financing, conservation strategy execution and revenue development.
We work in four fundamental fields of operation; community development through employment, micro-enterprise development and empowerment; Wildlife monitoring and conservation through robust science; revenue stream development through sustainable eco-tourism, blue-carbon and responsible aquaculture; and compliance through patrolling, community engagement and awareness campaigns.
Our team is positioned for the success of our MPAs with >50+ rangers, community officers and managers implementing “on the ground” MPA activities and a 10-person senior, international, management team providing support and strategic decision-making to local teams. Bf has forged strong links with more than 30 conservation partners and financial institutions to cover and meet all the needs of MPAs.