Leading the way: Belize’s innovative approach to ocean conservation
Belize is at the forefront of a ground-breaking initiative, led by The Nature Conservancy (TNC), to safeguard its ocean territory through the largest debt conversion for ocean conservation to date.
By restructuring approximately US$550 million of its debt, Belize will direct funds to a national conservation fund, supporting the protection of up to 30% of its waters. The initiative will provide sustainable, long-term funding for conservation efforts, helping to preserve Belize’s vibrant coral reefs, lush mangrove forests, and diverse offshore islands.
This milestone is part of TNC’s pioneering Blue Bonds for Ocean Conservation programme, which helps island and coastal nations in restructuring their debt while simultaneously restoring ocean health. Modelled after a successful initiative in the Seychelles, but at a financial scale over 15 times greater, Belize’s endeavour sets a new standard for marine conservation at a global scale.
Becht Foundation is proud to support TNC’s Blue Bonds for Ocean Conservation programme.