UBS invests in enhancement of PH Marine Protected Areas
Excerpt
UBS Optimus Foundation and Blue finance have forged a new partnership which will see the Foundation make its first marine-focused impact performance loan. By providing up-front and early-stage blended capital of $600,000, the Foundation is empowering the Marine Protected Area (MPA) network in The Philippines to implement several blue economy revenue- generating initiatives whilst focusing on protecting and regenerating coral reefs, increasing marine biodiversity, and enhancing livelihoods. “We are thrilled to partner with Blue finance on our first investment focusing on marine ecosystems.
Citation
Loyola, J. A. (2023, July 10). UBS invests in enhancement of PH Marine Protected Areas. Manila Bulletin, p. B-4.
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- Manila Bulletin [2422]