Coral Triangle Initiative On Coral Reefs, Fisheries And Food Security (CTI-CFF)

Author :

Varanga de Silva

The CTI-CFF is funded by international donors and multilaterals and implemented by the Asian Development Bank (ADB). It is a regional cooperation partnership program comprising Indonesia, Malaysia, Philippines, Papua New Guinea, Solomon Islands and Timor Leste, that focuses on poverty reduction through economic development, food security, sustainable livelihoods for coastal communities and biodiversity conservation. Global Best Practice Group’s expert was retained by ADB as the Lead Project Manager to advance a suite of interventions, recommend program activities, develop project pipelines, assist with financing documentation and support private sector intervention modules. The project envisaged setting up a Business Development Unit to liaise and coordinate with consultants, development partners, government ministries, thematic working groups, CTI Regional Secretariat, national coordinators and stakeholders including potential private sector investors. A Financial Architecture study was coordinated with external consultants and several country specific knowledge publications were produced included the State of the Coral Triangle reports that provide a baseline documentation of the biophysical and socio-economic characteristics and environmental vulnerabilities of the coastal and marine ecosystems as well as the institutional framework for governing marine resource use. Assistance was provided in evaluating projects and in particular developing infrastructure investment pilot projects for execution including mobilizing financial resources. A Strategic Framework for an Integrated Fisheries Development Centre Value Chain investment concept together with a pilot demonstration project was prepared as a PPP investment for Philippines.