How much funding does Blue Planet Fund Call for Proposals provide?

Blue Planet Fund Call for Proposals provides Up to $500,000 per project in funding.

When is the deadline for Blue Planet Fund Call for Proposals?

This grant has a rolling deadline or the deadline has not been announced.

Blue Planet Fund Call for Proposals

OCEAN RISK AND RESILIENCE ACTION

Foundation Environmental Grants Marine Grants Environmental Conservation Grants

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Funding Amount

Up to $500,000 per project

Deadline

Rolling / Open

Grant Type

foundation

Overview

Blue Planet Fund Call for Proposals

Funder: UK Government's Blue Planet Fund (£500m total fund)

Program Status: Past call closed July 2, 2023. Twelve projects were selected and announced at COP28 in December 2023.

Geographic Scope:

ODA-eligible Small Island Developing States (SIDS)

Coastal Least Developed Countries (LDCs)

Projects announced included work in: Costa Rica, Panama, Ghana, Indonesia, Kenya, Mozambique, Honduras, Philippines, South Africa, Vietnam, and global initiatives

Focus Areas:

Development and deployment of community-led finance and insurance products that build coastal and ocean resilience

Investment into ocean and coastal Nature-based Solutions (NbS) (e.g., mangrove protection/restoration, blue carbon credits)

Climate adaptation and resilience support

Risk mitigation related to overfishing, pollution, and other ocean threats

Parametric and indemnity insurance products for coastal protection

Microinsurance for small-scale fishers and coastal communities

Marine Protected Area (MPA) sustainable financing

Community-managed biodiversity funds

Gender-transformative approaches in fisheries

Blue carbon project development

Eligibility Requirements:

Projects must be locally-led and align with local community priorities

Must be climate, nature, and gender positive

Should enable investment into ocean/coastal Nature-based Solutions, support adaptation/resilience, or mitigate risk multipliers

Submission in English only

Projects located or deployed in ODA-eligible SIDS and coastal LDCs

Award Range: USD$150,000 to USD$500,000 per project

Total Funding: More than GBP£3.2 million / USD$4 million granted across 12 selected projects in 2023

Contact: info@oceanriskalliance.org (for technical difficulties)

Background:
Part of ORRAA's mission to catalyse investment of at least USD$500 million into coastal and ocean natural capital through development and deployment of financial products. Goal is to build resilience of 250 million climate-vulnerable coastal people by 2030. First wave of projects selected November 2022 from Canadian funding. Second wave announced December 2023 at COP28 from Blue Planet Fund.