WEF Report Lauds the CTI’s EffortsCatch of the Week
The 7th edition of Green Light, a monthly report by the World Economic Forum (WEF) that highlights innovative partnerships that collaborate to offer solutions to the world’s most pressing sustainability challenges, has cited the Coral Triangle Initiative on Coral Reefs, Fisheries and Food Security (CTI-CFF) as a successful model in responding to the mounting threats faced by the Coral Triangle Region.
In this edition, Green Light looks at how CTI-CFF is tackling poverty reduction through economic development, food security, sustainable livelihoods for coastal communities and biodiversity conservation through the protection of species, habitats and ecosystems.
In the foreword, James Bacchus, Chairman of WEF’s Global Agenda Council on Governance for Sustainability describes the initiative as “an exceptional example of a bottom-up approach to governing environmental issues.”
The report includes an interview with Naoko Ishii, Chief Executive Officer and Chair of the Global Environment Facility, who said that “what is especially significant about the CTI is the speed with which it has established a governance framework” brought about by political commitment at the most senior level. She added that “this is the one really decisive factor that drives forward the agenda.”
Establishing effective governance in an area of global commons is deemed as one of the core challenges for an initiative on this scale. Getting this feature right lies at the heart of its success.
(Story courtesy of Coral Triangle Initiative)