A&B to benefit from US $42 million fund to protect reefs
Apr 22, 2013
ST JOHN’S, Antigua – Antigua & Barbuda is in line to benefit from a US $42 million fund to protect marine and coastal habitats.
It comes under a project called “the Caribbean Challenge Initiative (CCI)” – led by the Nature Conservancy (TNC) – which seeks to have 20 per cent of near shore areas in Caribbean islands set aside as marine protected sites by the year 2020.
Countries are first required to create National Conservation Trust Funds and show how they will sustainably finance them. The funds will be used strictly to create and manage marine protected areas.
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