The Coca-Cola Foundation, the global philanthropic arm of The Coca-Cola Company, and Conservation International Ventures announce the launch of a new, innovative climate resilience project in Southeast Asia to protect and restore mangrove areas, which play a critical role in guarding against the impact of climate change.
Globally, protecting mangrove areas against coastal flooding is estimated to help save more than US$80 billion in losses annually, and could impact around 18 million people worldwide.Southeast Asia is a critical region for mangrove ecosystems, including Indonesia, which is home to 3.63 million hectares, representing a significant amount of the world's remaining mangroves.
'This financing initiative delivers on The Coca-Cola Foundation's continued focus to help support climate resilience and enable vulnerable communities to adapt to the impacts of climate change,' said The Coca-Cola Foundation President Carlos Pagoaga.
International Ventures With Financial Support From The Coca-Cola Foundation To Launch Innovative New Climate Resilience Project
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