Coral Triangle Initiative seeks funds for coral reef preservation

The Coral Triangle Initiative (CTI) is planning to set aside US$250 million for the preservation of reefs in the Coral Triangle, which is home to over 50 percent of the world’s coral reefs.

Countries in the CTI are Indonesia, Malaysia, the Philippines, Papua New Guinea, East Timor and the Solomon Islands. Leaders of CTI countries will attend a CTI Summit in Manado on May 15.

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