- The International Coral Reef Initiative (ICRI) said it would secure public and private
investment to help conserve and restore coral ecosystems. - International Coral Reef Initiative was launched in 1994 by Australia, France, Japan,
Jamaica, the Philippines, Sweden, Britain and the United States. - Its members now include 45 countries that represent three quarters of the world’s coral
reefs. - India is also a member country of this initiative.
- It is a global partnership between Nations and organizations which strives to preserve
coral reefs and related ecosystems around the world. - Its decisions are not binding on its members.
- The work of ICRI is regularly acknowledged in United Nations documents, highlighting
the Initiative’s important cooperation, collaboration and advocacy role within the
international arena.
Objectives - Encourage the adoption of best practice in sustainable management of coral reefs and
associated ecosystems - Build capacity
- Raise awareness at all levels on the plight of coral reefs around the world.