13 donors contribute $150 Million to improve Latin America Marine corridor



Panama, Colombia, Costa Rica and Ecuador will receive $150 million to strengthen the Eastern Tropical Pacific Marine Corridor (CMAR).

This money will be financed by 13 international, public and private organizations dedicated and committed to protecting the seas and the environment. In addition, they will offer technical assistance.

The announcement was made in Lisbon (Portugal) where the United Nations Oceans Conference is being held for the implementation of Sustainable Development Goal No. 14: Life Underwater.

The supporting coalition that has been named ‘Connect to Protect the Eastern Tropical Pacific’ will seek to work together with elected leaders, communities, indigenous groups, government officials and scientists to strengthen cooperative governance, design and implement marine protected areas and a marine reserve. biosphere and secure long-term sustainable financing.

It should be noted that in November 2021, the presidents of Colombia, Costa Rica, Ecuador, and Panama signed a memorandum of understanding to create the transboundary biosphere reserve that will connect and protect the marine environments of the Cocos, Coiba, Galapagos, Gorgona, and Malpelo that comprises a vast, unique, irreplaceable and interconnected ecosystem.

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