International Development Grant
Global program for the blue economy – International Biodiversity Program (2024 to 2026)
Project Number: CA-3-P013829001
Status: Operational
Country/Region: Unknown
Regional Focus:
Maximum Contribution: $5,000,000.00
Start Date: May 16, 2024
End Date: March 31, 2026
Duration: 1.9 years
Project Description
The Global Program for the Blue Economy (PROBLUE) aims to help developing countries build their coastal economies while ensuring the protection of marine biodiversity and the sustainable use of coastal resources. This project is a World Bank-managed multi-donor trust fund that aims to achieve integrated and sustainable economic development in healthy and productive oceans. The blue economy refers to the sustainable use of ocean resources for economic growth improved livelihoods and jobs and ocean ecosystem health. Project activities include: (1) managing fisheries and aquaculture; (2) tackling marine pollution including plastics; (3) developing sustainable key oceanic sectors such as tourism maritime transport and offshore renewable energy; and (4) building the capacity of local governments to manage their marine and coastal resources in an integrated fashion to deliver more long-lasting benefits to countries and communities.
Expected Results
The expected outcomes of this project include: (1) protected and improved marine biodiversity; (2) reduced poverty through the sustainable use of coastal resources and marine biodiversity; and (3) improved gender equality in leading biodiversity conservation efforts.
Progress & Results Achieved
Too early to report
Key Information
Executing Agency:
IBRD Trust Funds - World Bank
Reporting Organization:
Global Affairs Canada
Program:
YFMInternaAssistPartnershp&Programing Br
Last Modified:
September 19, 2025
Development Classifications
DAC Sector:
Aid Type: Contributions to specific-purpose programmes and funds managed by implementing partners
Collaboration: Bilateral
Finance Type: Aid grant excluding debt reorganisation
Selection Mechanism:
Department-Initiated