Coral Triangle Initiative Regional Business Forum

The Coral Triangle Regional Business Forum was created by WWF with the Coral Triangle Initiative on Coral Reefs, Fisheries and Food Security (CTI-CFF) and other development partners to engage with the private sector in creating innovative business solutions that are both economically profitable and environmentally sustainable.
 / ©: Jürgen Freund / WWF-Canon
Papua New Guinea islanders paddle out their dugout canoe to go fishing with a gill net. New Ireland, Papua New Guinea
© Jürgen Freund / WWF-Canon

A Platform for Public-Private Partnerships

Since its inception, the Coral Triangle Regional Business Forum has seen fishing companies, seafood retailers, and travel and tourism operators in the Coral Triangle publicly announce concrete steps to reduce their impact on the marine environment by adopting more responsible business practices.

The forum has recognized several notable Public-Private Partnerships between large-scale companies, NGOs, local communities, and governmental agencies that aim to improve marine resource use and management, be it adopting more rigorous operating standards, employing sustainable sourcing policies, or financing grassroots activities that benefit both the people and environment.

Paving the Way for a Blue Economy

There have been three events so far:
These events have helped paved the way for increased “green” investments, or more fittingly, blue investments in the Coral Triangle by establishing multi-sectoral partnerships between business and industry, governments, NGOs, financial institutions, and academia, among others, to cultivate socio-economic growth in this rapidly developing region.

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