Rare

Nature Transformation Fund • Indonesia
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Rare
About

World’s first small-scale fisheries impact bond

Rare is pioneering a first-of-its-kind Small-Scale Fisheries (SSF) Impact Bond which will enable community-led co-management of fisheries in Southeast Sulawesi. The project will establish five new “Managed Access with Reserves (MA+R)” areas, to be designated as Other Effective Area-Based Conservation Measures (OECMs), to protect vital territorial seas that host over 80% of the world’s corals, seagrasses, and mangroves, where protection is often insufficient. The investment will also formalize and strengthen microbusinesses in MA+R sites, boosting sustainable employment and enabling Fisheries Management Bodies (FMBs) to become financially independent. By tying outcomes to measurable conservation impacts, Rare secures private, public and philanthropic funding to ensure long-term sustainability for both the fisheries and the communities that rely on them.

motivation
Pillar & Approaches

Innovative Finance

Innovative finance focuses on developing financial strategies to sustainably manage and preserve natural resources. It seeks to secure continuous funding and unlock extra resources for long-term environmental stewardship. Mechanisms like conservation finance and blended finance, harness economic incentives to support conservation efforts and generate financial benefits. Additionally, they encourage community participation and ownership.

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