Coca-Cola, investment fund tie up to guard PH, Indonesia mangroves

  • 📰 MlaStandard
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 55%

Business News News

Business Business Latest News,Business Business Headlines

Defining the News

The Coca-Cola Foundation, the global philanthropic arm of The Coca-Cola Co., and Conservation International Ventures announced the launch of a new, innovative climate resilience project in Southeast Asia to protect and restore mangrove areas.

Through a US$1.5-million grant, the project will create a dedicated investment pool in Conservation International’s Venture philanthropy fund, financing up to three to four small- and medium-sized enterprises. While this is just the first step, we envision that this project will help improve the lives of thousands of people living in vulnerable shoreline communities by restoring and protecting mangrove coastlines across Indonesia and the Philippines,” he added.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 20. in BUSİNESS

Business Business Latest News, Business Business Headlines